Bitcoin: what is it and is it suitable for your business?

Okay, so what is Bitcoin? It’s not a real coin, it’s a “cryptocurrency,” a digital form of payment that is produced (“mined”) by many people around the world. This allows peer-to-peer transactions instantly, worldwide, for free or at a very low price. Bitcoin was invented after decades of research in cryptography by software developer Satoshi …

How does cryptocurrency gain value?

Cryptocurrencies are the latest “big thing” in the digital world, and they have now been recognized as part of the monetary system. In fact, enthusiasts described it as a “money revolution”. Of course, cryptocurrencies are decentralized digital assets that can be exchanged between users without the need for a central authority, most of which are …

How "Crypt" Currencies Work – A Brief Overview of Bitcoin, Ethereum & Ripple

“Crypto” – or “cryptocurrency” – is a type of software system that provides transactional functionality to users over the Internet. The most important feature of the system is them decentralized character – usually provided in blockchain database system. Blockchain and “cryptocurrencies” have become major elements of the global spirit of the times recently; usually as …

Easy ways to buy and invest in bitcoin

What is Bitcoin? Bitcoin is a decentralized peer-to-peer digital currency system designed to enable Internet users to process transactions using a digital exchange unit known as bitcoin. In other words, it is a virtual currency. The Bitcoin system was created in 2009 by undisclosed programmers. Since then, bitcoin has attracted a lot of attention as …