Bitcoin ,or crypto currencies are a new form of money, that are being
used for buy any product.This money is not related with banking transaction
and not related with government . There is no transaction fees require , what
amount may be transact, it is not form a paper . it is a virtual and it can only
operate by computerizing with internet.
main thing , from where it is coming from?
Currencies are produced by a procedure called mining . Mining is when you
solves the math problems and are issued a certain number of bitcoins in
exchange. This provides a smart way to issue the currency and also creates an
incentive for more people to mine. Miners help keep the bitcoin network
secure by providing transactions.Mining is an important and integral part
of bitcoin ensures fairness while keeping the bitcoin network stable , safe
and secure.Bitcoin mining is the process of adding transaction records to bitcoins public
ledger of past transaction or blockchain.This ledger of past transactions is called
the blockchain as it is a chain of blocks. The block chain serves to conform transactions
to the rest of the network as having taken place.
SILK ROAD S DRUG MARKET
its have more adventure also dis adventure.
US law enforcement officials have shout down SildRoad, the online drug
market where cocaine , and heroine were trafficking and arrested Ross William
Uebriche, the sites owner.Also Federal Bureau of investigation seized
about $3.6 million in bitcoin, made it one of the biggest confiscatory in the digital
currencies history. [FBI,NEW YORK PRESS OFFICE]
Federal prosecutors charges against Uebriche include conspiracy to narcotics
trafficking conspiracy , computer hacking conspiracy and money laundering .
