Getting Started With Bitcoin: Wallets, Buying, Sending
Discover how to start with bitcoin: learn what wallets are, how to choose one, where to buy safely, and how to send your first transaction securely and efficiently.
Capitalizations Index – B ∞/21M
Discover how to start with bitcoin: learn what wallets are, how to choose one, where to buy safely, and how to send your first transaction securely and efficiently.
bitcoin paper wallets store your private and public keys offline, printed on paper. This simple, low-tech method helps protect funds from online hacks, but requires careful handling.
bitcoin is a decentralized digital currency that runs on a public ledger called the blockchain. It enables secure, peer‑to‑peer transactions without banks or governments.
Sending bitcoin to a wrong address is usually irreversible. Due to blockchain’s design, transactions can’t be undone, so funds are typically lost unless the address owner cooperates.
bitcoin can be used without traditional internet access through SMS-based wallets and satellite broadcasts, enabling transactions in remote areas and during network outages.
bitcoin replaces central authorities with a distributed ledger, where nodes validate transactions and miners secure the network through proof-of-work consensus.
bitcoin cannot be counterfeited because every coin’s history is recorded on a transparent, decentralized blockchain, where cryptographic verification prevents duplicate or fake transactions.
bitcoin mining secures the network by verifying transactions and adding them to the blockchain. Miners use computational power to solve cryptographic puzzles, preventing fraud.