What Bitcoin is indeed #Day09#sci training camp

When I first heard Bitcoin, I just thought it was some gamecoin yet, and maybe it could be used to trade for merchandise. If only it were so simple. It is never too late to learn. So hot as the concept of Blockchain is that still merely 24% professionals extremely familiar with it, let alone myself.

After the financial crash in 2008, an anoymous guy called SN designed Bitcoin model to provide a decentralized, bulletproof record of exchange for a new digital currency.

The process of minng simpley depending on raw computing to solve difficult mathematical puzzles is the only way that creats Bitcoin.Based on a global net with thousands of nodes, this worldwide currency that can be used  to mine, deal or collect wherever or who you are, but a computer connected to the Internet is the only thing you are supposed to hold.

Blockchain prevents you from spending Bitcoin twice by inscribing every transfer into a distributed ledger, which through defining hash value and the mathematics of cryptography to ensure data security.

Above all is what in my mind about Bitcoin.