A Short Introduction To Bitcoin

A Short Introduction to Bitcoin

Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer Satoshi Nakamoto. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money. Users send payments by broadcasting digitally signed messages to the network. Participants known as miners verify and timestamp transactions into a shared public database called the block chain, for which they are rewarded with transaction fees and newly minted bitcoins. Conventionally "Bitcoin" capitalized refers to the technology and network whereas "bitcoins" lowercase refers to the currency itself. Bitcoins can be obtained by mining or in exchange for products, services, or other currencies.

Source: Wikipedia

 

Latest News Read more news

1 Jun
We are getting ready for Updates

Hi All,


We are getting ready for the latest update on 1EX.TRADE.


During this time we need to disable the trading functionality.


Withdraws are open but are set with extra approvals so tehy may take a little longer as normal.


Kind Regards


1EX Support Team

4 Nov
Withdraws Active

The Maintenance Work has been completed and withdraws are active again.


Kind Regards,


1EX Support Team

3 Nov
Maintenance

Withdraws are temporary suspended for maintenance.

During this time currency withdraw is not available.


Regards

1EX Support Team