Faucet is one of a standard plumbing material which is usually made of brass.
Another term is "tap" use to open and close your water for domestic use.
It is considered a valve used to control the flow of a liquid or a gas.
Over time the design of faucet being used has improved.
It never occurred to me that faucet can be used for Bitcoin literally.
But then again Bitcoin faucet was used literally.
The meaning comes probably because when you open the Bitcoin faucet, Bitcoin goes-out and do not go back anymore, similar to the traditional faucets.
A bitcoin faucet is a website or an app, where users visit.
Usually, a processor of cryptocurrency is integrated.
You monetize the site with ads that pay in bitcoin.
The ads pay a small number of bitcoins per page view, click or conversion.
Imagine playing and being paid, "how good can that be?"
Watching and being paid, "what do you think is better?"
All these are possible with Bitcoin Faucet as the term was coined.
It is more of a reward system, the more you participate and contribute to the system the more you are rewarded.
With the emergence of Bitcoin and Blockchain, new things are being created almost daily.
It starts with the Blockchain technology or the new digital ledger.
There is the cryptocurrency or the digital currency, that means Bitcoin is not the only virtual currency today, and almost every day a new crypto currency and tokens are being created.
There is Bitcoin Mining, where you mine in the virtual world.
And there is Steemit that I believe will grow the most because it is run by the combination of humans who play the games, who shares their passion, who cares, those great authors, commenters, upvoters you name it.
There are also some bots and A.I. around.
With various applications like @Dtube, @Partiko, and many more.
With the continued development and improvements, various opportunities come and go.
Hope we all benefit with the wealth it provides.
Regards to everyone.
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