how does Bitcoin generated ?
Suppose we Bitcoin by example 1 ounce of gold (nearly a tael (8.3 only), ounce is a unit of measurement of the severity of the Golden West), then just about every 10 minutes, there will be a number of Bitcoins (gold) "training" to be. That number is now 25, having dropped to half that after every 4 years, compared with an initial 50 And until 2140, will have a total of 21 million Bitcoins all. In other words, after 21 million Bitcoins have dug out in 2140, will no longer Bitcoins to dig anymore.
1 Bitcoin can be divided into 100 million times. The smallest unit can not further subdivide called Satoshi, who in the name of creating Bitcoin. So Bitcoin = 1 100 000 000 (one hundred million) Satoshis. Or 1 Satoshi = 0.000 000 01 Bitcoin.
A mistake many people's mentality now they find one Bitcoin questions too so do not think I can afford. Actually, if you can not buy one Bitcoin, you can still buy 0.5, 0.1, 0:01 Bitcoin ... But perhaps many people will not pass the psychological barrier that can not stand the feeling of ownership a small part of something, even though the numbers are for cold money, it does not make any difference if one Bitcoin by Bitcoin $ 1000 with $ 100, then 0.1, no more and no less.
Or if you find it too expensive, it can also see through Litecoin, partner with Bitcoin, prices are still very low compared to the potential. If Bitcoin is the Litecoin is gold and silver, can generally be.
Why is the Bitcoin worth? The true value of what is Bitcoin?
Many people mistakenly believe that the value of Bitcoin is equal to the amount you can swap out from it, or in other words the price of a Bitcoin rules out Fiat Currencies (USD, Yen, Pounds, Euros, VN Dong ...) It is the it is not the true value of Bitcoin, it's just a given price, there are consequences from the law of supply and demand. So the value of Bitcoin REALLY located? Please reply, its true value lies in the network, the network, where if you want to join, you must have the coin Bitcoins. Imagine the coin is like the stock of a start-up company (only thing is there is no public company), as more and more people want to buy shares then of course the stock price to rise. Its value lies in the usefulness, convenience, safety and security of the payment, purchase. Not a bank, state intervention company, a genius idea has become a reality for the first time in human history.
Anonymity - Bitcoin for your privacy
Bitcoin users do not need to register for an account, the bank does not need, no credit card needed, no email, no need for user-name and passwords, do not know the names, addresses, gender, nationality , color, caste, class, level ... to receive or send Bitcoins. The number of Bitcoins you are simply located in one or more addresses you have. And the number of Bitcoins that belongs to someone who is holding the private key (located in wallet.dat file), and only when there is a new private key can then send Bitcoins are, because if there is no private key would not "sign name "(sign) are. When you send Bitcoins to someone they only know the number of Bitcoins that you send, but do not know anyone who owns that number before your Bitcoins.
It can be said in a number of Bitcoin addresses are not able to know the names of AI owns that address. So for example you have 1 billion cash Bitcoins, you will not gum all at a single address, which must be divided into several different addresses. Because of the larger amount as it will be tuned network, and the truth is.
Who? Operating company Bitcoin?
No person or company operating Bitcoin. Bitcoin is operated by all Bitcoin users who are using Bitcoin client.
What is Bitcoin client?
Bitcon clients are software programs running Bitcoin, there is also a common name is Wallet. There are many different types of clients are used for many different purposes. Such as:
Bitcoin-QT Client (Download at bitcoin.org/): The program was originally programmed by Satoshi Nakamoto, who gave birth to Bitcoin. Consistent with enthusiasts, the miners, developers, programmers, business.
MultiBit Client (Download at multibit.org/): Fast compact medium suitable for the average user.
Electrum Client (Download at electrum.org/): Quick maximum portability. Can suitable for all.
