FAQ Type: Bitcoin

What is cryptocurrency?

Cryptocurrency is a form of digital currency secured by cryptography. Cryptography is a way of... Read more
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How did Bitcoin come about?

Prior to Bitcoin’s creation, there were several attempts at creating a digital currency or cryptocurrency.... Read more
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Who created Bitcoin?

The pseudonym Satoshi Nakomoto represents an unknown developer, or group of developers, who created Bitcoin... Read more
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Who controls Bitcoin?

Bitcoin is decentralised, not owned by any one person or company. It cannot be censored, controlled... Read more
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Is the Bitcoin Network secure?

The Bitcoin Network is spread across the globe, with more users joining all the time.... Read more
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Is Bitcoin really being used?

Institutional adoption of Bitcoin is growing rapidly. Firms are incorporating digital assets into their treasury... Read more
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How does cryptocurrency differ from Fiat currency?

Government’s issues fiat currency for use in a particular geographical location. Cryptocurrency is borderless and... Read more
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How old is Bitcoin?

In 2008 the first whitepaper describing Bitcoin was published, with the protocol going live in... Read more
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How does Bitcoin work?

Bitcoin is underpinned by blockchain technology. The blockchain is a decentralised, electronic database, also called... Read more
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How is Bitcoin broken down?

Just as one pound is divided into 100 pennies, one Bitcoin is made up of... Read more
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