What is Bitcoin?
Bitcoin is a cryptocurrency and a payment system invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto.Bitcoin was introduced on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009.There have been various claims and speculation concerning the identity of Nakamoto, none of which are confirmedThe system is peer-to-peer and transactions take place between users directly, without an intermediary.These transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain,which uses bitcoin as its unit of account. Since the system works without a central repository or single administrator, the U.S. Treasury categorizes bitcoin as a decentralized virtual currency.Bitcoin is often called the first cryptocurrency,although prior systems existedand it is more correctly described as the first
decentralized digital currency.Bitcoin is the largest of its kind in terms of total market value.
What is the Best BTC Wallet in PH?
Coins.Ph is a Philippine-based company that facilitates money transfers using the Blockchain technology. it allows you to buy, send and receive Bitcoins to pay for your bills, deposit to your bank, load up prepaid cellphone credits.
Dont have an Coins.ph account? https://coins.ph/invite/unwcq4?v=2
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