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The bitcoin protocol — the rules that make bitcoin work — say that only 21 million bitcoins can ever be created by miners. Chat online mining in mongolia mongolia energy corporation, a mining and energy company operating in mongolia and xinjiang and erdenet mining corporation. A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. Conventional currency has been based on gold or silver.
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There are measures that people can take to make their activities more opaque on the bitcoin network, though, such as not using the same bitcoin addresses consistently, and not transferring lots of bitcoin to a single address. It's anonymous Well, kind of.
What makes it different from normal currencies? It's anonymous Well, kind of. Bitcoin can be used to buy things electronically.
No single institution controls the bitcoin network. A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.
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