What is Bitcoin?
Bitcoin is a peer-to-peer payment system introduced as open source software in 2009.
The digital currency created and used in the system is alternatively referred to as a virtual currency, electronic money, or a cryptocurrency because cryptography is used to control its creation and transfer.
Conventionally, the capitalized word "Bitcoin" refers to the technology and network, whereas lowercase "bitcoin" refers to the digital currency.
The digital currency created and used in the system is alternatively referred to as a virtual currency, electronic money, or a cryptocurrency because cryptography is used to control its creation and transfer.
Conventionally, the capitalized word "Bitcoin" refers to the technology and network, whereas lowercase "bitcoin" refers to the digital currency.
What is Bitcoin? (v2)
What is a satoshi?
A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC, that is, a hundredth of a millionth BTC. In the future, however, the protocol may be updated to allow further subdivisions, should they be needed.
Further examples of units
Further examples of units
What is Xapo?
Xapo Bitcoin Wallet provide a secure and convenient online bitcoin wallet. Here is some additional information about Xapo Bitcoin Wallet from their web site...
- Xapo combines the convenience of an everyday bitcoin wallet with the security of a deep cold storage vault.
- Xapo has been described by The Wall Street Journal as the Fort Knox of bitcoin storage, so if you’re looking to secure your bitcoins then look no further than the Xapo Vault.
- It's your money. You should be able to send it instantly and access it without fees. So whether you're transferring money to a friend down the street or to family halfway around the world, say hello to free and instant transactions.
- Xapo combines the convenience of an everyday bitcoin wallet with the security of a deep cold storage vault.
- Xapo has been described by The Wall Street Journal as the Fort Knox of bitcoin storage, so if you’re looking to secure your bitcoins then look no further than the Xapo Vault.
- It's your money. You should be able to send it instantly and access it without fees. So whether you're transferring money to a friend down the street or to family halfway around the world, say hello to free and instant transactions.
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