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The first everblock of bitcoin,containing total of
50bitcoinswasminedbythecreatorofbitcoin
named 'SatoshiNakamoto '
Though pervious attempts atdigital
currency were made,bitcoin has
become a phenomenon as it combines
the principleof Blockchain
Technology and Cryptography.
All of yourbitcoins arestoredin a
digitalwalletprotectedbyaprivate
key.If this private key is lost/stolen,
thereis no way to retrieveit.
The total number of bitcoins,that can ever exist
are21million.Once all21 million are mined,no
more bitcoins can befurther created. Morethan
17millionsarealreadymined.
Understanding
theBasics
of Bitcoin
21.
Thepriceof onebticoin was
as low as$0.008in 2010.
Ithasskyrocketedtoas
high as$20.000.
Bitcoinisdigital currency,whichis
based on a peer-to-peer model.It
does notrequire anycentral
government,agency or bank
tooperate.

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Universal Crypto Signals - Infograph.docx

  • 1. The first everblock of bitcoin,containing total of 50bitcoinswasminedbythecreatorofbitcoin named 'SatoshiNakamoto ' Though pervious attempts atdigital currency were made,bitcoin has become a phenomenon as it combines the principleof Blockchain Technology and Cryptography. All of yourbitcoins arestoredin a digitalwalletprotectedbyaprivate key.If this private key is lost/stolen, thereis no way to retrieveit. The total number of bitcoins,that can ever exist are21million.Once all21 million are mined,no more bitcoins can befurther created. Morethan 17millionsarealreadymined. Understanding theBasics of Bitcoin 21. Thepriceof onebticoin was as low as$0.008in 2010. Ithasskyrocketedtoas high as$20.000. Bitcoinisdigital currency,whichis based on a peer-to-peer model.It does notrequire anycentral government,agency or bank tooperate.