What is Bitcoin? How does Bitcoin blockchain work? Bitcoin is the most famous and valuable cryptocurrency and a digital currency. Unlike dollar bills that can be put in a wallet or pocket, you cannot actually touch Bitcoin. Bitcoin exists in a pure digital environment maintained by global large-scale computer networks.
What is Bitcoin?
Bitcoin is a digital currency. It is combined with government supported currency or wallet with both convenience and security to minimize the possibility of being cheated or attacked by hackers.
Here are your basic wallet options:
Software:Software wallets are wallets connected to the Internet. They are the easiest to use and can be created for free, but they are the most vulnerable to hackers.
Hardware:Hardware wallet is a physical device that is inconvenient to use but provides the highest level of security.
In general, the above content introduces in detail what Bitcoin is and how Bitcoin blockchain works. I believe you will understand it after reading it. In short, Bitcoin is a new generation of currency transactions. This is a cryptocurrency, or digital currency, with little or no government oversight. It works through open and open source peer-to-peer technology, so it can be used by anyone and anywhere.
