CRYPTOCURRENCY MICRO EARNINGS

Bitcoin – A New Decentralized Digital Currency B itcoin  (btc) is a digital currency, regard by many as the future of money. Satoshi Nakamoto invented btc on 2009. He is a Japanese national and was born 1975. BTC is a decentralize currency, meaning no one controls it and since it is digital you can not touch it. when we talk about anything regarding digital it can be reproduce or make another copy. When Satoshi Nakamo propose btc, he also solve the double spending problem. Today there are a double spending is when a btc owner spends his 1 btc on a product and then bought another 1 product whereas he only has one btc. To avoid this, btc miners ensure that double spending doesn’t happen, by monitoring the transactions. BTC wallet is use to store bitcoins and other cryptocurrencies. Bitcoin Mining Bitcoins are produce by computers that solves mathematical equations on a blockchain.  Bitcoin mining  is a process of solving mathematical equations, when these equations...

Blockchain Technology Blockchain technology is a digital ledger in which transactions made in  bitcoin . It is a database that is use to maintain a continuously growing list of records. Each block contains a time stamp and a link to a previous block. It is typically manage by a peer-to-peer network collectively adhering to a protocol for validating new blocks. By design, blockchains are inherently resistant to modification of the data. The data in any given block cannot be change retroactively without the alteration of all subsequent blocks. A collusion of the network majority. It can serve as “an open ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. What is blockchain technology? The Bitcoin Network is the first successful implementation of blockchain technology. The term “blockchain technology” typically refers to the transparent, trust less, publicly accessible ledger. It that allows us to securely transfer t...