Cryptocurrencies

in #bitcoin6 years ago

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Bitcoin is the currency of the transaction. In 2008, Satoshi Naakamoto introduced this coin. He called this currency as peer-to-peer transaction. Bitcoin transactions are protected by a server named Bitcoin Miner. If there is a bitcoin transaction between peer-to-peer communication systems in multiple computers or smartphones, its central server user laser updates. As soon as a transaction is completed, new bittacquines are produced. By 2140 new bits of bits will be reduced to half every four years. After 2140, 21 million Bitcoins will not be produced and no new bits will be made.

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