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Bitcoin in Delhi Pages

We are a group dedicated to meeting people with similar interests in Bitcoin and other Cryptocurrencies.

We encourage the idea of an opensource software development, Provide a platform to encourage people to contribute and learn about bitcoin, and the technology accompanying it.

A small Introduction to Bitcoin:-

What is Bitcoin?
Bitcoin is a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's like electronic cash that you can use to pay friends or merchants.

What are bitcoins?
Bitcoins are the unit of currency of the Bitcoin system. A commonly used shorthand for this is “BTC” to refer to a price or amount (e.g. “100 BTC”). There are such things as physical bitcoins, but ultimately, a bitcoin is just a number associated with a Bitcoin Address. A physical bitcoin is simply an object, such as a coin, with the number carefully embedded inside. See also an easy intro to Bitcoin.

How are new bitcoins created?
New bitcoins are generated by the network through the process of "mining".

mining

How divisible are bitcoins?
A bitcoin can be divided down to 8 decimal places. Therefore, 0.00000001 BTC is the smallest amount that can be handled in a transaction. If necessary, the protocol and related software can be modified to handle even smaller amounts.

For more information visit :- https://en.bitcoin.it...

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Online classes January 23, 2014 12:47 AM anonymous
About Bitcoin in Delhi January 22, 2014 5:04 AM anonymous

Delhi, India

Founded Dec 31, 2013

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