What is Bitcoin in english?-Eagle Eye

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What is Bitcoin in English?


Bitcoin (sometimes known by it's generally accepted ticket BTC) is an online payment system launched as open source software in 2009. Its creator or (creators) whose identity to this day remains unknown, goes by the name Santoshi Nakamoto. Nakamoto published a paper describing his or her creation entitled as “Bitcoin” A Peer-to-peer electronic cash system in 2008.
          Bitcoin is often referred to as a “virtual currency” or “cryptocurrency”.All transfer of Bitcoin is verified and then record by a public ledger known as the blockchain(vede2013). The one use of Bitcoin is a un-reversible process.


SUMMARY OF RECOMMENDED SERVICES


(my favorite: Breadwallet + Armory)
Bitcoin.org - the open-source software.
Breadwallet - easy online wallet to store bitcoins.
Armory - The safest and most secure Bitcoin wallet.
Piper Wallet - A Raspberry Pi for a cheap cold storage device
ACQUIRE
Popular exchanges: Kraken and Circle.


SPEND AND SELL

Coinapult.com - Send bitcoins to an email address or mobile phone
the number and has a very interesting LOCKS service
Private Internet Access - Anonymize your Internet traffic. Never
trust a Virtual Private Network (VPN) that does not take bitcoins
BitPay.com - Payment processor with daily direct deposits
Purse.io - Receive major discounts spending Bitcoins on Amazon


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