Technological advances never stand still. New technologies are emerging, processes that are known to us for a long time are being improved. More recently, a cryptocurrency, which gave us the opportunity to make anonymous transactions and payments. Cryptocurrency has become incredibly popular, and now its capitalization is more than 500 billion US dollars, which is comparable to the value of the largest companies listed on the New York Stock Exchange. And naturally, countless ways to earn cryptocurrency have appeared: from investing to trading, from offerwalls to mobile earnings. Lightcoinmaker provides you with an absolutely free way to earn Bitcoins and Lightcoins.
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What is Bitcoin?
Bitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. Cryptocurrency is a kind of digital money based on cryptography technology, that is, data encryption. It does not have a physical appearance, and exists only in electronic form. Its main features are anonymity, decentralization and security. Cryptocurrency circulation within the system occurs directly (P2P) – without the participation of a third party. Each of the participants is absolutely equal. No one has any privileges, regardless of his social and financial status. The basis of this virtual money is a decentralized open database – blockchain. Most cryptocurrencies have an emission ceiling (release into circulation of new coins). So in Bitcoin, he is 21 million “coins”. And in such PPC and NVC currencies there are no restrictions on emissions.