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Bitcoin is a worldwide cryptocurrency and digital payment system:3 called the first decentralized digital currency,. which had a reward of 50 bitcoins.Khan Academy Introduction Videos Bitcoin: Overview This video explains the whole Bitcoin System in a nutshell.

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It using simple mathematical calculations to better describe the Bitcoin protocol.

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We have previously illustrated how a Bitcoin transaction works, and the history of the virtual currency, However, we thought that this infographic neatly.

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This video briefly explains what a digital currency and a Bitcoin is.This website is embedded with a couple of youtube videos explaining what is Bitcoin.

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Latest posts by Maria Santos ( see all ) The 6 best Bitcoin mining software - April 24, 2016 5 Awesome Bitcoin stories shared by Redditors - October 16, 2015 9 Cryptocurrency-inspired games you should be playing - September 10, 2015.The genesis block contains the first 50 BTC block reward and cannot be. 10 Interesting Bitcoin Facts.

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It provides a hierarchial explanation for transaction block chains.

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