What’s a Bitcoin? Basic Information #infographic

Bitcoin (abbreviated BTC) is the world's oldest cryptocurrency. Hiding under the codename Satoshi Nakamoto, it was founded in 2008 by a individual or a group of people. The coin varies from other currencies that you have encountered to date, such as Polish Zloty or American Dollar-it does not exist in a physical form.

Bitcoin, like all other cryptocurrencies, is put on a so-called blockchain. In other words, it is located inside a fragmented, decentralized net. It means that a single entity or organization can't do that. The power over this virtual coin is open to all net users.

infographic by: tokeneo.com

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