What is bitcoin & how does it work?

Bitcoin is the first and most widely recognized cryptocurrency. It enables peer-to-peer exchange of value in the digital realm through the use of a decentralized protocol, cryptography, and a mechanism to achieve global consensus on the state of a periodically updated public transaction ledger called a 'blockchain.'

What is hex coin?

Hex Coin (HEX) is a financial tool – a type of peer-to-peer (P2P) staking system that was launched on Ethereum in December 2019. All HEX transactions are verified by validators on the network without the need for an intermediary; thereby embodying the foundations of decentralized finance (DeFi). Who founded Hex Coin?

What is XBT (BTC)?

Bitcoin ( abbreviation: BTC [a] or XBT [b]; sign: ₿) is a protocol which implements a highly available, public, permanent, and decentralized ledger. In order to add to the ledger, a user must prove they control an entry in the ledger. The protocol specifies that the entry indicates an amount of a token, bitcoin with a minuscule b.

Is bitcoin a currency?

Rupee, Dollar, Pound Euro, and Yen are some of them. These are printed currencies and coins and you might be having one of these in your wallet. But bitcoin is a currency you can not touch, you can not see but you can efficiently use it to trade amenities. It is an electronically stored currency.