BitCoin - Cool digital currency

BitCoin - Cool digital currency

Bitcoin is an innovative payment nework and a new kind of money. Bitcoin use peer to peer technology to operate with no central authority or banks Peer to peer technology means there is no central server model among all computer individually interconnected with each other without the use of a centralized administrative system. Bitcoin is open source,everybody use it free and nobody owns it. There are two types apps available for using Bit-coin.

1)multibits : for mac,windows and linux users. 2)Bitcoin wallet: for android users.

There are three type wallet available for various use of bitcoins.

Desktop wallet:

Desktop wallet installed in computer. Through this application you can control your wallet.

Mobile wallet:

Mobile wallet is most useful wallet because it allows you to briing bitcoin into your pocket. you can use it anytime, anywhere for paying at physical stores or exchange bitcoins by scanning "QR code" or using NFC "Tap to pay".

Web wallet:

This is also best bitcoin wallet which allows you to use bitcoin on any browsers or mobile and offer various additional services. After choosing your wallet you can bye or spend bitcoin all over the world. There are some terms and conditions available to use bitcoins. So before using bicoins please refer the terms and conditions.

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