What is the bit coins?

in #bitcoin7 years ago

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Bitcoin is the sign currency traded through the Open Source Cryptographic Protocol. Bitcoin transactions do not require financial institutions, regulatory bodies, or fixed houses. In 2008, Satoshi Naakamoto introduced this coin. Bitcoin transactions are either peer-to-peer or consumer to customer's computer or mobile. All Bitcoin processes are completed online through an open source software or through a web site.
Bitcoin is a trading currency through Open Source Cryptographic Protocol. It can not be seen or touched, it is made online, and used to be online.
In 2008, Satoshi Naakamoto introduced this currency system.
Let's come to the idea of ​​some units related to Bitcoin-
· 1 MBTC = 1000000 BTC
· 1 uBTC = 0.00000 BTC
· 1 mBTC = 0.001 BTC
· 1 Satoshi = 0.00000001 BTC
Bitcoin is worth about $ 285.75
At present, the price of 1 bitcoin is around 285.75 dollars, about 3 months ago ...