bitcoin information ?

Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.

When Bitcoin was first mined in 2009, mining one block would earn you 50 BTC.

Miners are currently awarded with 50 new Litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks).

The Litecoin network is therefore scheduled to produce 84 million Litecoins, which is 4 times as many currency units as Bitcoin.

At current difficulty, if you mine in a pool, you will probably mine about 0.00001406 BTC per week.

Bitcoin has come far in a relatively short time. All over the world, companies, from REEDS Jewelers, a large jewelry chain in the US, to a private hospital in Warsaw, Poland, accept its currency.

That means, if difficulty doesn't increase at all, it will take about 71123 weeks (about 1367 years) to mine 1 BTC. Of course difficulty will almost certainly increase during that time.

Bitcoin solves the “double spending problem” of electronic currencies through an ingenious combination of cryptography and economic incentives.

Bitcoin world is abuzz with both excitement and curiosity…

Billion dollar businesses such as Dell, Expedia, PayPal, and Microsoft do, too.

Like gold, Bitcoin cannot simply be created arbitrarily.

In fact, there are only 21 million Bitcoins that can be mined in total. Once miners have unlocked this many Bitcoins, the planet's supply will essentially be tapped out, unless Bitcoin's protocol is changed to allow for a larger supply.

Bitcoin is often credited as the world’s first cryptocurrency and is best defined as a digital currency that only exists electronically.

With bitcoin, the integrity of the transactions is maintained by a distributed and open network, owned by no-one.

Satoshi Nakamoto and Martti Malmi. Bitcoin.org was originally registered and owned by Bitcoin's first two developers, Satoshi Nakamoto and Martti Malmi.

Bitcoin is decentralized, meaning it doesn’t have a central issuing authority or political institution that controls the amount of bitcoin in circulation

Bitcoin is either virtual currency or reference to the technology. You can make transactions by check, wiring, or cash. Y

Bitcoin holders are able to transfer bitcoins via a peer-to-peer network.

At that price, bitcoin's anonymous creator, Satoshi Nakamoto, would have been worth $19.4 billion, or the 44th richest person in the world, according to the Forbes rich list. Satoshi Nakamoto's net worth would be derived from the 980,000 bitcoins he, she, or they are estimated to own.

Bitcoin uses public key cryptography and an innovative approach to bookkeeping to achieve the authorization, balance verification, prohibition on double spending, delivery of assets and record inalterability described above.

A Bitcoin ATM (or cryptocurrency exchange) where you can change bitcoins or cash for another cryptocurrency. Resources: Your best bets are BTER and CoinCorner

Bitcoin’s blockchain programming handles when bitcoins are made and how many are produced. It also keeps track of where bitcoins are and ensures the transactions are accurate.

Bitcoin is notorious for scams, so before using any service look for reviews from previous customers or post your questions on the Bitcoin forum.

Bitcoin works on a vast public ledger, also called a blockchain, where all confirmed transactions are included as so-called ‘blocks.’ As each block enters the system, it is broadcast to the peer-to-peer computer network of users for validation

Bitcoin has no central monetary authority. Instead it is underpinned by a peer-to-peer computer network made up of its users’ machines, akin to the networks that underpin BitTorrent