The beauty of bitcoin is the simplicity of its design.
There will only ever be 21 million bitcoin.
Blocks come in every ~10 minutes.
The difficulty adjusts every 2,016 blocks.
The block subsidy g...
At the beginning it was only coin that own is own value, then some clever people created paper money, checks, bank account, credit cards, that relies on nothing (or only on some few value like gold).
Bitcoin is a proof of work, it means it has a value, a power and time used, that explain his value. But some clever people create extra data to put something more in the blockchain than the "money" transaction ...
Do you get the point ?
Bitcoin is a proof of work, it means it has a value, a power and time used, that explain his value. But some clever people create extra data to put something more in the blockchain than the "money" transaction ...
Do you get the point ?