What is a bitcoin account?

Although the term is used widely by crypto-newbies, there is no such thing as a ‘Bitcoin account’ per-say. On the contrary, Bitcoin is a decentralized digital currency, meaning that you will not have an account with a third-party entity.

What is bitcoin and how does it work?

What is Bitcoin? Bitcoin is the first and most widely recognized cryptocurrency. It enables peer-to-peer exchange of value in the digital realm through the use of a decentralized protocol, cryptography, and a mechanism to achieve global consensus on the state of a periodically updated public transaction ledger called a 'blockchain.'

What is bitcoin mining?

Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. It’s a tough job. People who choose to mine Bitcoin use proof of work, deploying computers in a race to solve mathematical puzzles that verify transactions.

How to get bitcoin?

You can get Bitcoin by accepting it as a payment for goods and services. There are also several ways you can buy Bitcoin. There are a growing number of services and merchants accepting Bitcoin all over the world. Use Bitcoin to pay them and rate your experience to help them gain more visibility.