My Faucet Bitcoin

What is Bitcoin?

Bitcoin is a decentralized electronic currency, conceived in 2009 by who has become known as Satoshi Nakamoto (although his true identity is unknown). The name applies free software designed by Nakamoto for managing the currency, and the P2P network (peer to peer, or network of "peers" under one protocol) that gives support. Unlike most currencies, Bitcoin operation does not depend on a central institution, but a distributed database. The software developed by Nakamoto uses cryptography to provide basic functions, such as ensuring that bitcoins can only be worn by its owner, and never once security.

When a user A transfers bitcoins to a user B, user A waiver of his possession of a number of bitcoins, recording the amount by the Bitcoin address B and the public key of A itself, whose private key signs all . (By using asymmetric cryptography, the private key can not be deduced from the firm that derives from it). This information to the entire P2P network is transmitted as a new transaction. Then, the other network nodes check the number of bitcoins involved and authenticity of the cryptographic signatures before accepting as valid transaction.

The Bitcoin network creates and distributes a batch of new bitcoins about 6 times per hour for someone who is running the software to generate bitcoins (software of "mining"). Generate bitcoins is known as "mine", a term that refers to the mining of precious metals. The probability that a user receives a batch depends on the computational power that contributes to the network in relation to the computational power of all the others combined nodes.

Reflink: https://forint-token.net/?r=Your_Address