Question by pithygirl: What are Bitcoins.............? Best answer: Answer by MikeTheyre an online source of paying for items, you can either buy them from a bitcoin bank or you can try and mine them with mathematical algorithms ran by mining software, however you will need a lot of computing power to do this. bitcoin.org/en/ An open source P2P digital currency Bitcoin is a digital currency, a protocol, and a software that enables Instant peer to peer transactions Worldwide payments Low or zero processing fees And much more! Bitcoin uses peer to peer technology to operate with no central authority; managing transactions and issuing Bitcoins are carried out collectively by the network. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment systems. Know better? Leave your own answer in the comments!
Posted on: Wed, 05 Mar 2014 01:27:42 +0000
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