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A beginner's guide to Bitcoin

Bitcoin (BTC) is a digital currency, which is used and distributed electronically. Bitcoin is a decentralised peer-to-peer network. No single institution or person controls it. Bitcoins can't be printed and their amount is very limited - only 21 mln Bitcoins can ever be created.

Bitcoin was first introduced as an open-source software by an anonymous programmer, or a group of programmers, under the alias Satoshi Nakamoto in 2009. There has been a lot of rumours about the real identity of BTC's creator, however all of the people mentioned in those rumours have publicly denied being Nakamoto.

Find out more about bitcoin, ethereum, blockchain, and enterprise distributed ledger technology and how they are being used and evolving with our straightforward guides.

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GUIDE INDEX

What is Blockchain Technology?

A system of distributed data and logic.
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How Does Blockchain Technology Work?

Cryptographic keys, distributed networks and network servicing protocols.
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What can a Blockchain do?

Identity, smart contract, record keeping and many more.
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Why use a Block chain?

To manage and secure digital relationships as part of a system of record.
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What is Ethereum?

A blockchain application platform and 'world computer'.
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What is Ether and how to use Ethereum?

The fuel of the ethereum network.
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Who created Ethereum?

Vitalik Buterin, a software engineer from Toronto, first became keen on understanding about bitcoin in 2011.
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How do Ethereum smart contract works?

Code, transaction fees and gas
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How Ethereum mining works?

'Proof of work' and 'Proof of stake'
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What is a DIGITAL LEDGER?

A digital ledger usually is a form of a database that is supposed to be...
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What is distributed ledger?

A distributed smart contract system.
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What is bitcoin?

It is a decentralized digital currency.
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How are Bitcoins created?

The basic purpose of bitcoin creation is to remove the usual three party transfer method and provide..
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Why use Bitcoin ?

It is fast, cheap to use and secure.
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How & where can I buy Bitcoin?

From an exchange or an individual.
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How to sell Bitcoin?

A guide on how to sell your bitcoins.
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What can you buy with Bitcoin?

Spend your bitcoins
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Is Bitcoin legal?

The current regulation around bitcoin.
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Where can I keep my bitcoins?

Use a digital or paper wallet
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How Bitcoin Mining Works?

By confirming transactions
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What are Bitcoin Mining Pools?

What are pools and how to join them?
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How do Bitcoin transaction works?

Bitcoin Addresses and private keys.
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