Four Frequently Asked Questions about Bitcoin - PowerPoint PPT Presentation

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Four Frequently Asked Questions about Bitcoin

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Despite of extensive discussions about Bitcoins and their effects on the economy, we all have many unanswered questions about the operation of the world's most famous cryptocurrency, that's why from Crypt Trend we bring you this guide with the four most frequently asked questions about Bitcoin. – PowerPoint PPT presentation

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Title: Four Frequently Asked Questions about Bitcoin


1
Crypto world at your finger tips!
www.cryptoknowmics.com
2
Cryptoknowmics is an innovative decentralized
platform that serves almost every aspect of
the crypto space. It aims to be the top
destination and the largest media portal in
the crypto world and the all-in-one solution
for information and services for the industry.
3
4 Frequently Asked Questions about Bitcoin
However, and despite extensive discussions about
Bitcoins and their effects on the economy, we all
have many unanswered questions about the
operation of the world's most famous
cryptocurrency, that's why from Crypt Trend we
bring you this guide with the 7 most frequently
asked questions about Bitcoin.
www.cryptoknowmics.com
4
What is Bitcoin?
Bitcoin is a cryptocurrency, was created in 2009,
and is the first of a series of cryptocurrencies
that have been born since then, and that make up
the first financial assets in world history to be
driven by Blockchain technology.
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5
What is a cryptocurrency?
A cryptocurrency is a digital currency that is
housed in a chain of blocks or Blockchain, which
guarantees the transparency of all operations
carried out with it while protecting the privacy
and security of users thanks to the cryptographic
technology that backs up the data.
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6
The Bitcoin was designed by Satoshi Nakamoto, the
pseudonym behind which the identity of the
creator of the cryptocurrency is hidden, and was
launched in 2009 with the mining of the Genesis
block, the first block in the Bitcoin chain.
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7

Therefore, those users who wish to, lend part of
their computing power for the realization of
transactions and its fixation in the Blockchain,
in exchange for which they receive a reward in
Bitcoins by the system. This process of lending
computing power and receiving a reward is known
as bitcoin mining.
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8
Conclusion
After the release of Bitcoin, new crypto coins
have been born that have enriched the world of
crypto actives. Some of them try to compete
directly with Bitcoin to become a currency like
any other, while others like Ethereum or EOS take
advantage of Blockchain technology to offer a
platform for the celebration of intelligent
contracts and other services of this style.
Source
https//www.cryptoknowmics.com/news/7-frequently-a
sked-questions-about-bitcoin
www.cryptoknowmics.com
9
Crypto news and articles
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Market price analysis
Crypto discussion forum
ICO listing and rating
Crypto jobs marketplace
Features
Tokens and coin listing
Airdrop and event listing
DApp listing review
ICO Launchpad
Crypto gaming platform
Blockchain tutorials and courses
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10
For any further queries or clarifications please
contact at
- listing_at_cryptoknowmics.com - info_at_cryptoknowmics
.com
- www.cryptoknowmics.com - www.cryptoknowmics.io
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