Bitcoin is a worldwide cryptocurrency and digital payment system, called the first decentralized digital currency, since the system works without a central repository or single administrator. It was invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary.These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin. On 1 August 2017 bitcoin split into two derivative digital currencies, the classic bitcoin (BTC) and the Bitcoin Cash (BCH).
| post_id | 13,204,320 |
|---|---|
| author | surendrashahwal |
| permlink | what-is-bitcoin |
| category | bitcoin |
| json_metadata | "{"app": "steemit/0.1", "format": "markdown", "tags": ["bitcoin", "ewallet", "digital", "currency"]}" |
| created | 2017-09-19 07:07:48 |
| last_update | 2017-09-19 15:42:27 |
| depth | 0 |
| children | 1 |
| net_rshares | 2,239,960,307 |
| last_payout | 2017-09-26 07:07:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 1,092 |
| author_reputation | 0 |
| root_title | "What is Bitcoin" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 0 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| surendrashahwal | 0 | 1,143,192,232 | 100% | ||
| khushboopal | 0 | 1,096,768,075 | 100% | ||
| aryupay | 0 | 0 | 100% |
Source: https://en.wikipedia.org/wiki/Bitcoin Not indicating that the content you copy/paste is not your original work could be seen as [plagiarism. ](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) Some tips to share content and add value: - Use a few sentences from your source in โquotes.โ Use HTML tags or Markdown. - Linking to your source - Include your own original thoughts and ideas on what you have shared. Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained). Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. If you are actually the original author, please do reply to let us know! Thank You!
| post_id | 13,730,849 |
|---|---|
| author | steemcleaners |
| permlink | re-surendrashahwal-what-is-bitcoin-20170925t151646573z |
| category | bitcoin |
| json_metadata | "{"app": "steemit/0.1", "links": ["https://en.wikipedia.org/wiki/Bitcoin", "http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/", "https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained"], "tags": ["bitcoin"]}" |
| created | 2017-09-25 15:16:48 |
| last_update | 2017-09-25 15:16:48 |
| depth | 1 |
| children | 0 |
| net_rshares | 350,262,842,542 |
| last_payout | 2017-10-02 15:16:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 1.151 SBD |
| curator_payout_value | 0.099 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 969 |
| author_reputation | 3,004,538,530,204,693 |
| root_title | "What is Bitcoin" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| adm | 0 | 162,792,708,059 | 1.5% | ||
| smackdown.kitty | 0 | 187,470,134,483 | 100% |