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What is Bitcoin?

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013, the FBI seized roughly 26,000 bitcoins from website Silk Road during the arrest of alleged owner Ross William Ulbricht.

What is Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale that took place between July and August 2014. The system went live on July 30, 2015.

In 2016, Ethereum was forked into two versions: Ethereum and Ethereum Classic.

What is Cronos?

Cronos is a decentralized, open-source cryptocurrency that focuses on providing a fast, secure, and user-friendly experience. Cronos is based on the CryptoNote protocol and utilizes ring signatures and stealth addresses to ensure user privacy.

What is Bitcoin Exchange?

A bitcoin exchange is a digital marketplace where traders can buy and sell bitcoins using different fiat currencies or altcoins. Bitcoin exchanges are required to register with the Financial Crimes Enforcement Network (FinCEN) as a money services business.

What is Bitcoin Investment?

Bitcoin investments are digital assets that allow investors to purchase a stake in a bitcoin mining operation. Bitcoin mining is the process of verifying and adding new transactions to the blockchain, a public ledger of all bitcoin transactions. Investors receive a portion of the bitcoins mined in exchange for their investment.

What is Bitcoin Mining?

Bitcoin mining is the process of verifying and adding new transactions to the blockchain. Miners are rewarded with bitcoins for their efforts. The block reward is halved every 210,000 blocks, or roughly 4 years. As of February 2015, the block reward was 25 bitcoins.

What is Bitcoin?

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Bitcoin has been a subject of scrutiny amid concerns that it can be used for illegal activities. In October 2013, the FBI seized roughly 26,000 bitcoins from website Silk Road during the arrest of alleged owner Ross William Ulbricht.

What is Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale that took place between July and August 2014. The system went live on July 30, 2015.

In 2016, Ethereum was forked into two versions: Ethereum and Ethereum Classic.

What is Cronos?

Cronos is a decentralized, open-source cryptocurrency that focuses on providing a fast, secure, and user-friendly experience. Cronos is based on the CryptoNote protocol and utilizes ring signatures and stealth addresses to ensure user privacy.

What is Bitcoin Exchange?

A bitcoin exchange is a digital marketplace where traders can buy and sell bitcoins using different fiat currencies or altcoins. Bitcoin exchanges are required to register with the Financial Crimes Enforcement Network (FinCEN) as a money services business.

What is Bitcoin Investment?

Bitcoin investments are digital assets that allow investors to purchase a stake in a bitcoin mining operation. Bitcoin mining is the process of verifying and adding new transactions to the blockchain, a public ledger of all bitcoin transactions. Investors receive a portion of the bitcoins mined in exchange for their investment.

What is Bitcoin Mining?

Bitcoin mining is the process of verifying and adding new transactions to the blockchain. Miners are rewarded with bitcoins for their efforts. The block reward is halved every 210,000 blocks, or roughly 4 years. As of February 2015, the block reward was 25 bitcoins.

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