Bitcoin Forum

Bitcoin => Project Development => Topic started by: jhimli on March 20, 2018, 05:36:12 AM



Title: How are bitcoin, cryptowallets and blockchain related?
Post by: jhimli on March 20, 2018, 05:36:12 AM
A protected application for croft bitcoins is labelled a “cryptowallet”, the trading stages where people can buy and sell bitcoins are called “exchanges”, and in several locations around the world, ATMs have appeared for bitcoin-based transactions. The fabrication of bitcoins is called as “mining”, but the only comparison between this and mining for gold or valuable gems, is that both developments are very, very difficult to accomplish. Finally, bitcoins are called “coins”, even though they are totally digital.