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Topic: What is Bitcoin? (Read 143 times)

newbie
Activity: 2
Merit: 0
August 02, 2018, 06:18:29 AM
#1
To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as "bitcoin.

for more information visit bit coin site

https://www.coindesk.com/information/what-is-bitcoin/
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