Bitcoin: The Ultimate a - Z of Profitable Bitcoin Trading & Mining Guide Exposed!

Author: The Blokehead
Publisher: Blurb
Category: Business & Management, E-commerce: Business Aspects, Business Applications
Book Format: Paperback

How does the bitcoin protocol work?



A person cannot mix indefinite bitcoins. The bitcoin protocol states that there will only be twenty-one million bitcoins to be produced by the miners. These bitcoins will then be subdivided into smaller bits. The smallest bit is called 'satoshi' named after the bitcoin founder and the divisible amount is one hundred millionth of a bitcoin.

Bitcoin currency is based on mathematical formulas unlike our conventional currency that is based on gold and silver. Mathematics is used to generate or 'mine' bitcoins. The software programs containing these mathematical formulas are made available to everyone. This means that anyone can access these formulas to ensure that it serves its purpose.

(BK-9781320579872)

SKU BK-9781320579872
Barcode # 9781320579872
Brand Blurb
Artist / Author The Blokehead
Shipping Weight 0.1000kg
Shipping Width 0.152m
Shipping Height 0.002m
Shipping Length 0.229m
Assembled Length 22.900m
Assembled Height 0.200m
Assembled Width 15.200m
Type Paperback

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