Bitcoin: The Ultimate A - Z Of Profitable Bitcoin Trading & Mining Guide Exposed!

Business & Finance, Economics, Foreign Exchange, Personal Finance, Investing, Finance & Investing
Cover of the book Bitcoin: The Ultimate A - Z Of Profitable Bitcoin Trading & Mining Guide Exposed! by The Blokehead, Yap Kee Chong
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: The Blokehead ISBN: 1230000281481
Publisher: Yap Kee Chong Publication: November 19, 2014
Imprint: Language: English
Author: The Blokehead
ISBN: 1230000281481
Publisher: Yap Kee Chong
Publication: November 19, 2014
Imprint:
Language: English

How does the bitcoin protocol work?

A person cannot mix indefinite bitcoins. The bitcoin protocol states that there will only be twenty-one million bitcoins to be produced by the miners. These bitcoins will then be subdivided into smaller bits. The smallest bit is called ‘satoshi’ named after the bitcoin founder and the divisible amount is one hundred millionth of a bitcoin.

Bitcoin currency is based on mathematical formulas unlike our conventional currency that is based on gold and silver. Mathematics is used to generate or ‘mine’ bitcoins. The software programs containing these mathematical formulas are made available to everyone. This means that anyone can access these formulas to ensure that it serves its purpose.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

How does the bitcoin protocol work?

A person cannot mix indefinite bitcoins. The bitcoin protocol states that there will only be twenty-one million bitcoins to be produced by the miners. These bitcoins will then be subdivided into smaller bits. The smallest bit is called ‘satoshi’ named after the bitcoin founder and the divisible amount is one hundred millionth of a bitcoin.

Bitcoin currency is based on mathematical formulas unlike our conventional currency that is based on gold and silver. Mathematics is used to generate or ‘mine’ bitcoins. The software programs containing these mathematical formulas are made available to everyone. This means that anyone can access these formulas to ensure that it serves its purpose.

More books from Yap Kee Chong

Cover of the book Latin Grammar (Blokehead Easy Study Guide) by The Blokehead
Cover of the book Acupressure Techniques ( Blokehead Easy Study Guide) by The Blokehead
Cover of the book Forbidden Passion by The Blokehead
Cover of the book Amazon Echo Manual Guide: Top 30 Hacks And Secrets To Master Amazon Echo & Alexa For Beginners by The Blokehead
Cover of the book The Miner’s Combat Handbook: 50+ Unofficial Minecraft Strategies For Combat Handbook Exposed by The Blokehead
Cover of the book Depression Self Help: What Is Depression & How Do You Diagnose It? by The Blokehead
Cover of the book Beaches & Coffee #2 by The Blokehead
Cover of the book Wolf In Disguise : Never Forgotten #2 by The Blokehead
Cover of the book English Composition ( Blokehead Easy Study Guide) by The Blokehead
Cover of the book Organized Mind : How To Think Straight And Make All The Right Life Decisions In 30 Easy Steps by The Blokehead
Cover of the book Autoimmune Paleo Cookbook: Top 30 Autoimmune Paleo (AIP) Breakfast Recipes Revealed! by The Blokehead
Cover of the book Wolf In Disguise : The Past Bites #3 by The Blokehead
Cover of the book The Cat Who Saved Me #3 (Sky Valley Cozy Mystery Cat Series) by The Blokehead
Cover of the book Appearing , Disappearing (The Secret Wedding Planner Cozy Short Story Mystery Series - Book Two ) by The Blokehead
Cover of the book Golf Instruction:How To Master The Perfect Swing In Just 7 Easy Steps by The Blokehead
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy