Saturday, 10 October 2015

What is Bitcoin And Satoshi ?

BITCOIN = 
                           A type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.


SATOSHI =
                            A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC, that is, a hundredth of a millionth BTC.


No comments:

Post a Comment