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