Topic: Where does Bitcoin came from? (Read 1259 times)
I do not know where it came from but I remember only a few. and it's just what I remember. Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet.
There is a documentary which was made on 2013 and there most of the aspects of btc are explained, I don`t remember the name of it but you probably would see it with a little search.
Bitcoin was actually created by satoshi nakomoto and he created it as a currency which could be used to send money P2P without the help of banks as intermediary.It was set that there should be only 21 million coins to be available.New bitcoins were generated by a process called mining which is solving mathematical algorithms to enable bitcoin transactions to get confirmed.Till now,16.5 million coins have come in to circulation and only 4.5 million coins yet to be mined.
Mining only unlocks new btc. The system was designed by satoshi through a series of codings
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities. The presumed pseudonymous Satoshi Nakamoto integrated many existing ideas from the cypherpunk community when creating bitcoin.
Bitcoins are created during a process that's called bitcoin mining which is basically adding transactions to blockchain. It's simple as that, bitcoins that are created are then hold by the miner until they are sold.
From all the information brought by these fellow users, Bitcoins come from a code created by a man called Satoshi, and are generated by a process called mining.
BTCBTCBTC First I have to say I dont know where BTC came from, But I liked to post a reply on this thread. Human invented BTC, Human modified BTC, Human altered BTC price, So oneday Human will destroy BTC!!!
Well for your kind information the bitcoin was first sent by the Indian engineer satoshi so it was invented in the 2009 so I hope as the site and the forum is increase in the width the bitcoin is increasing in the price and the value, this is the way it is very famous now all around the world and it will increase more and more with the time for sure so good luck for the bitcoin. Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
Bitcoin is a series of mathematical problem that ready to be solve by the use of mining and by the help of graphic cards of computers. Visualization of bitcoin it so hard to figure out what is the exact image of bitcoin but in my head its like a cube a huge cube.
Bitcoin comes from code, essentially. It is a code that makes sure only 21,000,000 Bitcoin (BTC) will ever be created. This underlying technology is called the Blockchain. The Blockchain is like a sidewalk. Imagine walking down the sidewalk OK? Each block is like the Blockchain, and each coin has it's own blockchain, if that makes any sense. 
Bitcoin comes from a process called mining of Bitcoin. Bitcoin is a virtual currency and is created in such a way so that a limited number of Bitcoin can only be mined, so that its value increase with increase in user base. Also, bitcoin occurs when miner passes or approves an transaction and as a reward they are given Bitcoin. As simple is the use of Bitcoin, the more complex is its internal functioning and process. But all these things can be easily found in Satoshi's whitepaper for proper understanding.
Bitcoin was created by an individual named satoshi.He created bitcoins to make people send their money individually P2P without the help of banks.Actually,satoshi designed bitcoin tto have a total of 21 million coins only.A operation named mining is carried out in which complex mathematical problems are solved using ASIC miners.For every block mined,a bitcoin is given as a reward to miners.
Based on some articles and sites that ive been researched it is from a man named Satoshi Nakamoto who invented the alternative kind of cash or digital cash called bitcoin. You can reproduce it by mining it and you can also buy it on a trading sites.
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
Its a worldwide cryptocurrency with digital payment system. I heard its created in 2009 and the creator name was Satoshi Nakamoto who belongs to japan. Nobody's know where this guy is maybe he is hidden somewhere.
Its a reward gaining with the help of mining. Most of people exchange it with each other currencies and trade it with altcoins.
Santoshi made a process called mining, it means whenever someone translate any balance in Bitcoin it gets stored into a network block which was Mind by the miners using that computer hash power. In this way the network transactions get verified and the minus will get a block reward for every network block they have mind (currently the block reward is 12 Bitcoin).
if I personally come from bitcoin and know bitcoin from my friends ... and I learn a lot from friends and now I understand bitcoin that's what ... and now I can work while playing bitcoin at work at home can do bitcoin. ..
Bitcoin is really a fantastic system that was first started by a group of people.Here a nice system is working on exchanges of various currencies.
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
Bitcoin was made by the man name satoshi nakamoto back in 2008 and he introduce in public in 2009. Bitcoin was form in software that they called it mining the computer was calculating add and subtruct and the answer is is bitcoin it only starts at the price of 0.01$ each bitcoin and now the price of bitcoin is too high and still goes up
Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.
Bitcoin was made by the man name satoshi nakamoto back in 2008 and he introduce in public in 2009. Bitcoin was form in software that they called it mining the computer was calculating add and subtruct and the answer is is bitcoin it only starts at the price of 0.01$ each bitcoin and now the price of bitcoin is too high and still goes up
A person who called himself the symbolic name Satoshi Nakamoto introduced the idea for the first time in a research paper in 2008, describing it as an electronic monetary system that relies on the principle of peer to peer . The process of issuing bitcoin and following their conversions is linked to another process called mining .
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