Community post
BITCOIN
What is BITCOIN
It’s known as a “digital cash” system that allows you to securely store and move money around the world without the requirement of banks or government authorities.
Brief history of Bitcoin
The idea behind Bitcoin was introduced to the world on Oct. 31, 2008, at the depth of the financial crisis by a pseudonymous person called Satoshi Nakamoto
The currency began use in 2009 when its implementation was released as open-source software
What is the USE CASE OF BITCOIN
It's is...
Store of Value
[12/11, 12:18] +234 815 298 4080: Aim of Bitcoin
-
Removal of an intermediary
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To solve the problem of double spending
Features of Bitcoin
Transparency
Anonymous
Scarcity
Medium of exchange
Borderless
Immutability
Distributed
Censorship resistance
Open source..
Shortcomings of Bitcoin
High risk of loss
High volatility
No valuation guarantee
Not yet widely accepted by everyone
That's why am saying if You want to track your coins ..
It's recommended you use
Since it has different chain in them...
But the chains are limited to this..👇🏽
Etherscan
Bscscan
Polygonscan
Ftmscan
Hecoinfo
Hooscan
Beacoscan
Optimism
Replies (1)
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