In non-technical language, Bitcoin is a digital asset in which transactions can be performed without the need for a credit card or central bank. It’s designed to enable users to send money over the Interne…
Category: About Digital Asset
Who runs Bitcoin? What is the company behind Bitcoin?
In short, no one runs Bitcoin.
Bitcoin is run collectively by the users who uses the Bitcoin Client, and any changes to the Bitcoin system have to be approved by the majority of users before they are implemented….
What is a Bitcoin Wallet?
A Bitcoin Wallet is a place where you can store your Bitcoin balance efficiently and securely. There are a few kinds of wallets that you can choose and install in your PC/Laptop, smartphone, tablet or in the cloud.
To create your own wallet, you c…
What is a Bitcoin address?
A Bitcoin address is a unique identifier which allows you to receive Bitcoins. With PayPal you send funds to an email address, and similarly with Bitcoin you send funds to a Bitcoin address. …
What is a private key?
A private key is a secret code which allows the user to prove his ownership of his Bitcoins. Every Bitcoin address has a matching private key, which is saved in the w…
What does 'unconfirmed' mean?
It means that the transaction has not yet been included in the blockchain, and is still reversible. A transaction typically takes around 10 minutes to be con…
What is Blockchain?
The blockchain is a public ledger of all transactions in the Bitcoin network.
Blockchain.info allows you to navigate the bitcoin blockchain. We also operate Bitcoin’s largest and most secure wallet serv…
Who are the 'miners'?
Miners are individuals who run computer systems to repeatedly calculate hashes with the intention to create a successful block and earn coins from transaction fees and new coins created with the blo…
Is there a limit to the amount of Bitcoins generated?
The number of Bitcoins in existence will never exceed 21 million.
To see how many Bitcoins are in circulation…
How much does a Bitcoin cost?
The current market price for a Bitcoin is always changing due to the supply and demand for it. Bitcoins are traded at Bitcoin Exchanges.
You can see the latest p…
