Saturday, May 28, 2016

Earn 1 BTC in a Week



Bitcoin Faucet list that will help you to earn 1 BTC in a weeks time. Visit the websites given below to get bitcoins:

Faucet Name
Rewards
Timer
Referral
Website





BitcoinFaucetPro
100 – 300
120
10%
FreeBitcoinFaucet
100 – 200
5
50%
Givemefreebitcoins.today
100 – 500
120
15%
TopFaucet
100 – 300
120
10%
TopFaucet.online
100 – 3000
120
10%
Pixelcoins.ga
750 – 5000
10 seconds
15%
Hotsatoshi
750 – 5000
10
10%
Gosatoshi
750 – 5000
10
15%
Satoshiclaim
750 – 5000
10
15%
Satoshinow
750 – 5000
10
25%
freebitcoinfaucet
100 – 200
15
50%
Play4bitcoin.in
100 – 200
15
25%
Bestfaucetpro
100 – 500
60
15%
Bitcoinscitcoins
150 – 200
15
25%
Earnbitco
100 – 200
15
25%
Freebitcoin
406 – 30000000
60
50%
 


What is BTC ? 

A type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

How does Bitcoin work?

From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users.

Behind the scenes, the Bitcoin network is sharing a public ledger called the "block chain". This ledger contains every transaction ever processed, allowing a user's computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending bitcoins from their own Bitcoin addresses. In addition, anyone can process transactions using the computing power of specialized hardware and earn a reward in bitcoins for this service. This is often called "mining". To learn more about Bitcoin, you can consult the dedicated page and the original paper.

Who created Bitcoin?

Bitcoin is the first implementation of a concept called "cryptocurrency", which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto. Satoshi left the project in late 2010 without revealing much about himself. The community has since grown exponentially with many developers working on Bitcoin.

Satoshi's anonymity often raised unjustified concerns, many of which are linked to misunderstanding of the open-source nature of Bitcoin. The Bitcoin protocol and software are published openly and any developer around the world can review the code or make their own modified version of the Bitcoin software. Just like current developers, Satoshi's influence was limited to the changes he made being adopted by others and therefore he did not control Bitcoin. As such, the identity of Bitcoin's inventor is probably as relevant today as the identity of the person who invented paper.

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