For the already initiated, there is a little spoken of land outside of crypto world where legions of normal people hear about Bitcoin and are interested, but don’t know where to begin. This is a problem considering the creator of Bitcoin, Satoshi Nakamoto, designed it as a peer-to-peer electronic cash system for anyone to use. Now that Bitcoin is in the news daily, and businesses and banks around the world are adopting the tech that supports it, it seems high time to better assist those interested in diving in.
Also Read: How Is Bitcoin Cash Different From Bitcoin Core?
What Is a Bitcoin?
With well over 5,000 different cryptocurrencies currently in existence, someone new to the scene might understandably be taken aback or even put off by the overwhelming amount of info surrounding digital assets. Luckily, the most popular cryptos aren’t so numerous, and the one that started it all, Bitcoin, is the focus of this article.
A breakdown of what Bitcoin is in simplest terms can be found in this resource from Bitcoin.com which states:…