The best way to learn about bitcoin, is to jump in and get several in your “pocket” to have a feel for how they work.
Despite the hype about how difficult and dangerous it is usually, getting bitcoins is easier and safer than you may think. In a lot of ways, it is probably easier than opening an account at a traditional bank. And, given what has been happening in the banking system, it really is probably safer too.
There are 코인커뮤니티 what to learn: getting and utilizing a software wallet, learning how to send and receive money, learning how to buy bitcoin from the person or an exchange.
Preparation
Before getting started, you will have to get yourself a wallet. You can certainly do this easily enough by registering with among the exchanges that will host wallet for you personally. And, although I think you will definitely want to have a number of exchange wallets eventually, you should start with one on your own computer both to get a better feel for bitcoin and as the exchanges are still experimental themselves. When we get to that stage of the discussion, I will be advising that you will get in the habit of moving your cash and coins off the exchanges or diversifying across exchanges to help keep your money safe.
What is a wallet?
It is a solution to store your bitcoins. Specifically, it is software that has been made to store bitcoin. It usually is run on your pc, laptop, mobile device (except, as yet, Apple) and can also be made to store bitcoins on things such as thumb drives. For anyone who is concerned about being hacked, then that is clearly a great option. Even the Winklevoss* twins, who have millions invested in bitcoin, put their investment on hard drives which they then put into a safety deposit box.
*The Winklevoss twins are the ones who originally had the idea for a social networking site that became Facebook. They hired Mark Zuckerberg who took their idea as their own and became immensely rich.
What do you have to know about having a bitcoin wallet on your pc?
Below you can download the original bitcoin wallet, or client, in Windows or Mac format. These are not just wallets, but are actually area of the bitcoin network. They’ll receive, store, and send your bitcoins. You can create a number of addresses with a click (an address is a number that appears like this: 1LyFcQatbg4BvT9gGTz6VdqqHKpPn5QBuk). You will notice a field where you could copy and paste lots like this from the person you would like to send money to and off it will go straight into that person’s wallet. You may also create a QR code that will let someone take a picture with an app on the phone and send you some bitcoin. It is perfectly safe to give these out – the address and QR code are both for my donations page. Feel absolve to donate!
NOTE: This sort of wallet acts both as a wallet for you and as portion of the bitcoin system. The reason why bitcoin works is that every transaction is broadcast and recorded as a number across the entire system (and therefore every transaction is confirmed and made irreversible by the network itself). Any computer with the proper software can be part of that system, checking and supporting the network. This wallet serves as your personal wallet and in addition as a support for that system. Therefore, remember that it will take up 8-9 gigabytes of your computer’s memory. Once you install the wallet, it will take as much as each day for the wallet to sync with the network. That is normal, does not harm your computer, and makes the system as a whole more secure, so it’s a good idea.
Bitcoin Qt
The original wallet.
It is a full-featured wallet: create multiple addresses to get bitcoins, send bitcoins easily, track transactions, and back up your wallet.
Outside of the time it takes to sync, this is a very easy to utilize option.
Seek out Bitcoin Qt wallet download to find their site.
Armory
Runs on top of Bitcoi Qt, so that it has all the same syncing requirements.
Armory allows you to back up, encrypt, and the ability to store your bitcoins off line.
Seek out Bitcoin Armory Wallet to find their site.
If you don’t want to have that much memory used or don’t want to await your wallet to sync, you can find good wallets that do not make you sync the complete history of bitcocin:
Multibit
A lightweight wallet that syncs quickly. This is good for new users.
Search for Bitcoin Multibit Wallet to find their site.
Electum
Not only is it quick and light, this wallet enables you to recover lost data using a passcode.
Seek out Bitcoin Electum Wallet to find their site.
After you get the wallet set up, have a few minutes clicking around. What to look for:
o There will be a full page that shows you just how many bitcoins are currently in your wallet. Remember that bitcoins can be broken up into smaller pieces, so you might see a decimal with a lot of zeros after it. (Interesting note, 0.00000001 is one Satoshi, named after the pseudonymous creator of bitcoin).
October 26, 2024October 26, 2024
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