mirror of
https://github.com/seigler/dash-docs
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Handle urls translations automatically in pages
Internal page urls are now all declared once in _config.yml for each language Translators can translate file and anchor urls without needing to manually update all pages
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---
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lang: en
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layout: base-en
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id: about
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title: About - Bitcoin
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---
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lang: en
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layout: base-en
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id: bitcoin-for-businesses
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title: Bitcoin for Businesses - Bitcoin
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---
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lang: en
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layout: base-en
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id: bitcoin-for-developers
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title: Bitcoin for Developers - Bitcoin
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---
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lang: en
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layout: base-en
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id: bitcoin-for-enthusiasts
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title: Bitcoin for Enthusiasts
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---
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lang: en
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layout: base-en
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id: bitcoin-for-individuals
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title: Bitcoin for Individuals - Bitcoin
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@ -16,10 +17,10 @@ title: Bitcoin for Individuals - Bitcoin
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<p>Just like with email, you don't need to force your family to use the same software or the same service providers. Just let them stick to their own favorites. No problem there; they are all compatible as they use the same open technology. The Bitcoin network never sleeps, even on holidays!</p>
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<h2><img src="/img/ico_lock.svg" alt="Secure" />Secure transactions</h2>
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<p>Bitcoin transactions are secured by military grade cryptography. Nobody can make a payment on your behalf or charge you money without having a copy of your wallet. So as long as you take the required steps to <a href="/en/secure-your-wallet">protect your wallet</a>, Bitcoin provides a nice level of protection against many types of fraud.</p>
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<p>Bitcoin transactions are secured by military grade cryptography. Nobody can make a payment on your behalf or charge you money without having a copy of your wallet. So as long as you take the required steps to <a href="/{{page.lang}}/{{site.section.secure-your-wallet[page.lang]}}">protect your wallet</a>, Bitcoin provides a nice level of protection against many types of fraud.</p>
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<h2><img src="/img/ico_lowfee.svg" alt="Free" />Almost free to use</h2>
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<p>Bitcoin allows you to send and receive payments for free. Except for special cases like very tiny micro-payments, there is no enforced fee. You can, however, choose to pay a small voluntary fee to increase your transaction priority and to remunerate the people who operate the Bitcoin network.</p>
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<h2><img src="/img/ico_anon.svg" alt="Anonymous" />Pseudo-anonymous online payments</h2>
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<p>Anonymous payments are a part of our everyday lives - most real life purchases are done without the requirement to provide proper identification. Bitcoin now introduces the same freedom to the online world. It allows you to buy services or make donations without the hassle of being passed under x-ray. However, you should note that <a href="/en/you-need-to-know"><b>full anonymity requires special efforts</b></a>.</p>
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<p>Anonymous payments are a part of our everyday lives - most real life purchases are done without the requirement to provide proper identification. Bitcoin now introduces the same freedom to the online world. It allows you to buy services or make donations without the hassle of being passed under x-ray. However, you should note that <a href="/{{page.lang}}/{{site.section.you-need-to-know[page.lang]}}"><b>full anonymity requires special efforts</b></a>.</p>
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---
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lang: en
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layout: base-en
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id: bitcoin-for-press
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title: Bitcoin Press Center - Bitcoin
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<div>
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<a href="#" onclick="faqshow(event);">Is Bitcoin secure?</a>
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<div>
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<p>The Bitcoin technology - the protocol and the cryptography - has a strong security track record. Bitcoin’s vulnerability is in user error. Bitcoin wallet files that store the necessary private keys can be accidentally deleted, lost, stolen, or compromised. Consequently, users need to employ <a href="/en/secure-your-wallet">security practices</a> to protect their money or use service providers that offer good levels of security and insurance. As more people have adopted Bitcoin, more service providers have appeared to make it easier, safer, and more convenient to use and safely secure bitcoins. Bitcoins are not covered by insurance schemes or depositor insurance like the FDIC, but users' wallets could be with a service provider that offers that provision.</p>
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<p>The Bitcoin technology - the protocol and the cryptography - has a strong security track record. Bitcoin's vulnerability is in user error. Bitcoin wallet files that store the necessary private keys can be accidentally deleted, lost, stolen, or compromised. Consequently, users need to employ <a href="/{{page.lang}}/{{site.section.secure-your-wallet[page.lang]}}">security practices</a> to protect their money or use service providers that offer good levels of security and insurance. As more people have adopted Bitcoin, more service providers have appeared to make it easier, safer, and more convenient to use and safely secure bitcoins. Bitcoins are not covered by insurance schemes or depositor insurance like the FDIC, but users' wallets could be with a service provider that offers that provision.</p>
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</div>
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</div>
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<div>
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---
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lang: en
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layout: base-en
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id: choose-your-wallet
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title: Choose your wallet - Bitcoin
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---
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<h1>Choose your wallet</h1>
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<p>Your Bitcoin wallet is what allows you to transact with the world. It gives you ownership of Bitcoin <i>addresses</i> that you can use to receive coins from other users and then lets you send those coins onwards. Just like email, you can receive bitcoins when you are offline, and all wallets are compatible with each other. Before you start with Bitcoin, <b>be sure to read <a href="/en/you-need-to-know">what you need to know</a></b> first.</p>
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<p>Your Bitcoin wallet is what allows you to transact with the world. It gives you ownership of Bitcoin <i>addresses</i> that you can use to receive coins from other users and then lets you send those coins onwards. Just like email, you can receive bitcoins when you are offline, and all wallets are compatible with each other. Before you start with Bitcoin, <b>be sure to read <a href="/{{page.lang}}/{{site.section.you-need-to-know[page.lang]}}">what you need to know</a></b> first.</p>
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<h2>Get started fast and easy</h2>
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<p>If you are new to Bitcoin, these wallets are a good place to begin.</p>
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<ul>
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<li><a href="/en/download"><b>Bitcoin-Qt</b></a> is an app you can download for Windows, Mac, and Linux.</li>
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<li><a href="/{{page.lang}}/{{site.section.download[page.lang]}}"><b>Bitcoin-Qt</b></a> is an app you can download for Windows, Mac, and Linux.</li>
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<li><a href="https://play.google.com/store/apps/details?id=de.schildbach.wallet"><b>Bitcoin Wallet</b></a> for Android runs on your phone or tablet.</li>
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</ul>
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---
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lang: en
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layout: base-en
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id: community
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title: Community - Bitcoin
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---
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lang: en
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layout: base-en
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id: development
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title: Development - Bitcoin
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---
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lang: en
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layout: base-en
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id: download
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title: Download - Bitcoin
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---
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lang: en
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layout: base-en
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id: foundation
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title: Bitcoin Foundation
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---
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lang: en
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layout: base-en
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id: how-it-works
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title: How does Bitcoin work? - Bitcoin
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<p>OK, this is a question that often causes confusion. Here's a quick explanation!
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<h2>The basics for a new user</h2>
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<p>As a new user, you only need to <a href="/en/choose-your-wallet">choose a wallet</a> that you will install on your computer or on your mobile phone. Once you have your wallet installed, it will generate your first Bitcoin address and you can create more whenever you need one. You can disclose one of your Bitcoin addresses to your friends so that they can pay you or vice versa, you can pay your friends if they give you their addresses. In fact, this is pretty similar to how email works. So all that is left to do at this point is to get some bitcoins and to <a href="/en/you-need-to-know">keep them safe</a>. In order to start using Bitcoin, you are not required to understand the technical details.</p>
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<p>As a new user, you only need to <a href="/{{page.lang}}/{{site.section.choose-your-wallet[page.lang]}}">choose a wallet</a> that you will install on your computer or on your mobile phone. Once you have your wallet installed, it will generate your first Bitcoin address and you can create more whenever you need one. You can disclose one of your Bitcoin addresses to your friends so that they can pay you or vice versa, you can pay your friends if they give you their addresses. In fact, this is pretty similar to how email works. So all that is left to do at this point is to get some bitcoins and to <a href="/{{page.lang}}/{{site.section.secure-your-wallet[page.lang]}}">keep them safe</a>. In order to start using Bitcoin, you are not required to understand the technical details.</p>
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<p>However, if you want to know more, keep reading!</p>
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<p><br><img src="/en/img/bitcoin_at_a_glance.svg" alt="Bitcoin overview" /></p>
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<p><br><img src="/{{page.lang}}/img/bitcoin_at_a_glance.svg" alt="Bitcoin overview" /></p>
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<h2>Balances<a class="titlelight"> - block chain</a></h2>
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<p>The block chain is a <b>shared public transaction log</b> on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain with no exception. This way, new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with <a href="/en/vocabulary#cryptography">cryptography</a>.</p>
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<p>The block chain is a <b>shared public transaction log</b> on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain with no exception. This way, new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with <a href="/{{page.lang}}/{{site.section.vocabulary[page.lang]}}#{{site.vocabulary.cryptography[page.lang]}}">cryptography</a>.</p>
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<h2>Transactions<a class="titlelight"> - private keys</a></h2>
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<p>A transaction is <b>a transfer of value between Bitcoin addresses</b> that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a <a href="/en/vocabulary#private-key"><i>private key</i></a> for each Bitcoin address. Private keys are used to sign transactions, providing a mathematical proof that they have come from the owner of the addresses. The <a href="/en/vocabulary#signature"><i>signature</i></a> also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and confirmed by the network in the following minutes, through a process called <a href="/en/vocabulary#mining"><i>mining</i></a>.</p>
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<p>A transaction is <b>a transfer of value between Bitcoin addresses</b> that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a <a href="/{{page.lang}}/{{site.section.vocabulary[page.lang]}}#{{site.vocabulary.private-key[page.lang]}}"><i>private key</i></a> for each Bitcoin address. Private keys are used to sign transactions, providing a mathematical proof that they have come from the owner of the addresses. The <a href="/{{page.lang}}/{{site.section.vocabulary[page.lang]}}#{{site.vocabulary.signature[page.lang]}}"><i>signature</i></a> also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and confirmed by the network in the following minutes, through a process called <a href="/{{page.lang}}/{{site.section.vocabulary[page.lang]}}#{{site.vocabulary.mining[page.lang]}}"><i>mining</i></a>.</p>
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<h2>Processing<a class="titlelight"> - mining</a></h2>
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<p>Mining is a <b>distributed consensus system</b> that is used to <a href="/en/vocabulary#confirmation"><i>confirm</i></a> waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a <a href="/en/vocabulary#block"><i>block</i></a> that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends.</p>
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<p>Mining is a <b>distributed consensus system</b> that is used to <a href="/{{page.lang}}/{{site.section.vocabulary[page.lang]}}#{{site.vocabulary.confirmation[page.lang]}}"><i>confirm</i></a> waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a <a href="/{{page.lang}}/{{site.section.vocabulary[page.lang]}}#{{site.vocabulary.block[page.lang]}}"><i>block</i></a> that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends.</p>
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<h2>Going down the rabbit hole</h2>
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<p>This is only a very short and concise summary of the system. If you want to get into the details, you can <a href="/bitcoin.pdf">read the original paper</a> that describes the system's design, and explore the <a href="https://en.bitcoin.it/wiki/Main_Page">Bitcoin wiki</a>.</p>
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---
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lang: en
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layout: base-en
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id: index
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title: Bitcoin - Open source P2P digital currency
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---
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lang: en
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layout: base-en
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id: resources
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title: Resources - Bitcoin
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<h1>Bitcoin resources</h1>
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<ul class="resources">
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<li><a href="http://www.weusecoins.com">We Use Coins. Start here!</a></li>
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<li><a href="/en/choose-your-wallet">Bitcoin wallets</a></li>
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<li><a href="/{{page.lang}}/{{site.section.choose-your-wallet[page.lang]}}">Bitcoin wallets</a></li>
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<li><a href="https://en.bitcoin.it/wiki/Main_Page">Bitcoin Wiki</a>
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<ul>
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<li><a href="https://bitcoin.it/wiki/FAQ">FAQ</a></li>
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---
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lang: en
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layout: base-en
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id: secure-your-wallet
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title: Securing your wallet - Bitcoin
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---
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lang: en
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layout: base-en
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id: support-bitcoin
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title: Support Bitcoin - Bitcoin
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<p>Obviously, using Bitcoin is the first thing you can do to help its development. There are probably many cases where it can make your life easier. And you can accept payment in Bitcoin yourself.</p>
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<h2><img src="/img/ico_network.svg" alt="Network" />Be the network</h2>
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<p>You can join the Bitcoin network by keeping the <a href="/en/download">original software</a> running on your computer. You can also do some Bitcoin mining to make the network more secure by helping to process transactions.</p>
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<p>You can join the Bitcoin network by keeping the <a href="/{{page.lang}}/{{site.section.download[page.lang]}}">original software</a> running on your computer. You can also do some Bitcoin mining to make the network more secure by helping to process transactions.</p>
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<h2><img src="/img/ico_conf.svg" alt="Development" />Development</h2>
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<p>Bitcoin is open-source. So if you are a developer, you can use your super-powers to do good and <a href="/en/development">improve Bitcoin</a>. Or you can build amazing new services or software that can use Bitcoin.</p>
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<p>Bitcoin is open-source. So if you are a developer, you can use your super-powers to do good and <a href="/{{page.lang}}/{{site.section.development[page.lang]}}">improve Bitcoin</a>. Or you can build amazing new services or software that can use Bitcoin.</p>
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<h2><img src="/img/ico_donate.svg" alt="Donation" />Donation</h2>
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<p>The easiest way to help is to <a href="https://bitcoinfoundation.org/donate">donate</a> a few bitcoins or to join the Bitcoin Foundation. The Foundation funds the salary for the maintainers of the core Bitcoin software, organizes conferences, and provides other important resources.</p>
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<p>Bitcoin has already been translated into many languages. However, you can <a href="https://www.transifex.com/projects/p/bitcoin/">translate</a> it into new languages as well as improving existing translations. Translations in the <a href="http://en.bitcoin.it/">Bitcoin wiki</a> would be very welcome!</p>
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<h2><img src="/img/ico_help.svg" alt="Help" />Help</h2>
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<p>You can join Bitcoin <a href="/en/community">communities</a> to give help to new users. You can talk about Bitcoin with other people, and you can learn more about it every day.</p>
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<p>You can join Bitcoin <a href="/{{page.lang}}/{{site.section.community[page.lang]}}">communities</a> to give help to new users. You can talk about Bitcoin with other people, and you can learn more about it every day.</p>
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---
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lang: en
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layout: base-en
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id: vocabulary
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title: Vocabulary - Bitcoin
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<p>Bitcoin provides a new approach to payments and, as such, there are some new words that might become a part of your vocabulary. Don't worry, even the humble television created new words!</p>
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<h2>Table of contents</h2>
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<div class="index">
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<a href="#address">Address</a>
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<a href="#blockchain">Block Chain</a>
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<a href="#block">Block</a>
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<a href="#btc">BTC</a>
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<a href="#confirmation">Confirmation</a>
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<a href="#cryptography">Cryptography</a>
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<a href="#double-spend">Double Spend</a>
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<a href="#hash-rate">Hash Rate</a>
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<a href="#mining">Mining</a>
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<a href="#p2p">P2P - Peer To Peer</a>
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<a href="#private-key">Private Key</a>
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<a href="#signature">Signature</a>
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<a href="#wallet">Wallet</a>
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<a href="#{{site.vocabulary.address[page.lang]}}">Address</a>
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<a href="#{{site.vocabulary.block-chain[page.lang]}}">Block Chain</a>
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<a href="#{{site.vocabulary.block[page.lang]}}">Block</a>
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<a href="#{{site.vocabulary.btc[page.lang]}}">BTC</a>
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<a href="#{{site.vocabulary.confirmation[page.lang]}}">Confirmation</a>
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<a href="#{{site.vocabulary.cryptography[page.lang]}}">Cryptography</a>
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<a href="#{{site.vocabulary.double-spend[page.lang]}}">Double Spend</a>
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<a href="#{{site.vocabulary.hash-rate[page.lang]}}">Hash Rate</a>
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<a href="#{{site.vocabulary.mining[page.lang]}}">Mining</a>
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<a href="#{{site.vocabulary.p2p[page.lang]}}">P2P - Peer To Peer</a>
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<a href="#{{site.vocabulary.private-key[page.lang]}}">Private Key</a>
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<a href="#{{site.vocabulary.signature[page.lang]}}">Signature</a>
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<a href="#{{site.vocabulary.wallet[page.lang]}}">Wallet</a>
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</div>
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<h2><a name="address">Address</a></h2>
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<h2><a name="{{site.vocabulary.address[page.lang]}}">Address</a></h2>
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<p>A Bitcoin address is <b>like a physical address or an email</b>. It is the only information you need to provide for someone to pay you with Bitcoin.</p>
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<h2><a name="blockchain">Block Chain</a></h2>
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<p>The block chain is a <b>public record of all Bitcoin transactions</b>, in chronological order. The block chain is shared between all Bitcoin users. It is used to verify the balance of Bitcoin addresses and to prevent <a href="#double-spend">double spending</a>.</p>
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<h2><a name="{{site.vocabulary.block-chain[page.lang]}}">Block Chain</a></h2>
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<p>The block chain is a <b>public record of all Bitcoin transactions</b>, in chronological order. The block chain is shared between all Bitcoin users. It is used to verify the balance of Bitcoin addresses and to prevent <a href="#{{site.vocabulary.double-spend[page.lang]}}">double spending</a>.</p>
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<h2><a name="block">Block</a></h2>
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<p>A block is a <b>record in the block chain that contains and confirms many waiting transactions</b>. Roughly every 10 minutes, on average, a new block including transactions is appended to the <a href="#blockchain">block chain</a> through <a href="#mining">mining</a>.</p>
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<h2><a name="{{site.vocabulary.block[page.lang]}}">Block</a></h2>
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<p>A block is a <b>record in the block chain that contains and confirms many waiting transactions</b>. Roughly every 10 minutes, on average, a new block including transactions is appended to the <a href="#{{site.vocabulary.block-chain[page.lang]}}">block chain</a> through <a href="#{{site.vocabulary.mining[page.lang]}}">mining</a>.</p>
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<h2><a name="btc">BTC</a></h2>
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<h2><a name="{{site.vocabulary.btc[page.lang]}}">BTC</a></h2>
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<p>BTC is the common unit of Bitcoin currency. It can be used in a similar way to USD for US dollar instead of B⃦ or $.</p>
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<h2><a name="confirmation">Confirmation</a></h2>
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<h2><a name="{{site.vocabulary.confirmation[page.lang]}}">Confirmation</a></h2>
|
||||
<p>Confirmation means that a transaction has been <b>verified by the network and is highly unlikely to be reversed</b>. One confirmation is pretty secure. Although for larger amounts (e.g. 1000 $USD and above), one can wait for a transaction to have more confirmations - six is a frequently chosen number. Each new confirmation decreases the risk of a reversal exponentially.</p>
|
||||
|
||||
<h2><a name="cryptography">Cryptography</a></h2>
|
||||
<p>Cryptography is the branch of mathematics that lets us create <b>mathematical proofs that provide high levels of security</b>. Online commerce and banking already uses cryptography. In the case of Bitcoin, cryptography is used to make it impossible for anybody to spend funds from another user's wallet or to corrupt the <a href="#blockchain">block chain</a>. It can also be used to encrypt a wallet, so that it cannot be used without a password.</p>
|
||||
<h2><a name="{{site.vocabulary.cryptography[page.lang]}}">Cryptography</a></h2>
|
||||
<p>Cryptography is the branch of mathematics that lets us create <b>mathematical proofs that provide high levels of security</b>. Online commerce and banking already uses cryptography. In the case of Bitcoin, cryptography is used to make it impossible for anybody to spend funds from another user's wallet or to corrupt the <a href="#{{site.vocabulary.block-chain[page.lang]}}">block chain</a>. It can also be used to encrypt a wallet, so that it cannot be used without a password.</p>
|
||||
|
||||
<h2><a name="double-spend">Double Spend</a></h2>
|
||||
<p>If a malicious user tries to <b>spend their bitcoins to two different recipients at the same time</b>, this is double spending. Bitcoin <a href="#mining">mining</a> and the <a href="#blockchain">block chain</a> are there to create a consensus on the network about which of the two transactions will win.</p>
|
||||
</p>
|
||||
<h2><a name="{{site.vocabulary.double-spend[page.lang]}}">Double Spend</a></h2>
|
||||
<p>If a malicious user tries to <b>spend their bitcoins to two different recipients at the same time</b>, this is double spending. Bitcoin <a href="#{{site.vocabulary.mining[page.lang]}}">mining</a> and the <a href="#{{site.vocabulary.block-chain[page.lang]}}">block chain</a> are there to create a consensus on the network about which of the two transactions will win.</p>
|
||||
|
||||
<h2><a name="hash-rate">Hash Rate</a></h2>
|
||||
<h2><a name="{{site.vocabulary.hash-rate[page.lang]}}">Hash Rate</a></h2>
|
||||
<p>The hash rate is the <b>measuring unit of the processing power of the Bitcoin network</b>. The Bitcoin network must make intensive mathematical operations for security purposes. When the network reaches a hash rate of 10 TH/s, it means it can make 10 trillion calculations per second.</p>
|
||||
|
||||
<h2><a name="mining">Mining</a></h2>
|
||||
<h2><a name="{{site.vocabulary.mining[page.lang]}}">Mining</a></h2>
|
||||
<p>Bitcoin mining is the process of <b>making computer hardware do mathematical calculations for the Bitcoin network to confirm transactions</b> and increase security. As a reward for their services, Bitcoin miners can collect transaction fees for the transactions they confirm, along with newly created bitcoins. Mining is a specialized and competitive market where the rewards are divided up according to how much calculation is done. Not all Bitcoin users do Bitcoin mining, and it is not an easy way to make money.</p>
|
||||
|
||||
<h2><a name="p2p">P2P</a></h2>
|
||||
<h2><a name="{{site.vocabulary.p2p[page.lang]}}">P2P</a></h2>
|
||||
<p>Peer-to-peer refers to <b>systems that work like an organized collective</b> by allowing each individual to interact directly with the others. In the case of Bitcoin, the network is built in such a way that each user is broadcasting the transactions of other users. And, crucially, no bank is required as a third party.</p>
|
||||
|
||||
<h2><a name="private-key">Private Key</a></h2>
|
||||
<p>A private key is a <b>secret piece of data that proves your right to spend bitcoins from a specific Bitcoin address</b> through a cryptographic <a href="#signature">signature</a>. Each <a href="#address">Bitcoin address</a> has its own unique private key. Your private keys are stored in your computer if you use a software wallet; they are stored on some remote servers if you use a web wallet. Private keys must never be revealed as they allow you to spend bitcoins for their respective Bitcoin addresses.</p>
|
||||
<h2><a name="{{site.vocabulary.private-key[page.lang]}}">Private Key</a></h2>
|
||||
<p>A private key is a <b>secret piece of data that proves your right to spend bitcoins from a specific Bitcoin address</b> through a cryptographic <a href="#{{site.vocabulary.signature[page.lang]}}">signature</a>. Each <a href="#{{site.vocabulary.address[page.lang]}}">Bitcoin address</a> has its own unique private key. Your private keys are stored in your computer if you use a software wallet; they are stored on some remote servers if you use a web wallet. Private keys must never be revealed as they allow you to spend bitcoins for their respective Bitcoin addresses.</p>
|
||||
|
||||
<h2><a name="signature">Signature</a></h2>
|
||||
<p>A <a href="#cryptography">cryptographic</a> signature is <b>a mathematical mechanism that allows someone to prove ownership</b>. In the case of Bitcoin, a <a href="#address">Bitcoin address</a> and its <a href="#private-key">private key</a> are linked by some mathematical magic. When your Bitcoin software signs a transaction with the appropriate private key, the whole network can see that the signature matches the Bitcoin address. However, there is no way for the world to guess your private key to steal your hard-earned bitcoins.</p>
|
||||
<h2><a name="{{site.vocabulary.signature[page.lang]}}">Signature</a></h2>
|
||||
<p>A <a href="#{{site.vocabulary.cryptography[page.lang]}}">cryptographic</a> signature is <b>a mathematical mechanism that allows someone to prove ownership</b>. In the case of Bitcoin, a <a href="#{{site.vocabulary.address[page.lang]}}">Bitcoin address</a> and its <a href="#{{site.vocabulary.private-key[page.lang]}}">private key</a> are linked by some mathematical magic. When your Bitcoin software signs a transaction with the appropriate private key, the whole network can see that the signature matches the Bitcoin address. However, there is no way for the world to guess your private key to steal your hard-earned bitcoins.</p>
|
||||
|
||||
<h2><a name="wallet">Wallet</a></h2>
|
||||
<p>A Bitcoin wallet is loosely <b>the equivalent of a physical wallet on the Bitcoin network</b>. The wallet actually contains your <a href="#private-key">private keys</a> which allow you to spend the bitcoins allocated to your <a href="#address">Bitcoin addresses</a> in the <a href="#blockchain">block chain</a>. Each Bitcoin wallet can show you the total balance of all Bitcoin addresses it contains and lets you pay a specific amount to a specific person, just like a real wallet. This is different to credit cards where you are charged by the merchant.</p>
|
||||
<h2><a name="{{site.vocabulary.wallet[page.lang]}}">Wallet</a></h2>
|
||||
<p>A Bitcoin wallet is loosely <b>the equivalent of a physical wallet on the Bitcoin network</b>. The wallet actually contains your <a href="#{{site.vocabulary.private-key[page.lang]}}">private keys</a> which allow you to spend the bitcoins allocated to your <a href="#{{site.vocabulary.address[page.lang]}}">Bitcoin addresses</a> in the <a href="#{{site.vocabulary.block-chain[page.lang]}}">block chain</a>. Each Bitcoin wallet can show you the total balance of all Bitcoin addresses it contains and lets you pay a specific amount to a specific person, just like a real wallet. This is different to credit cards where you are charged by the merchant.</p>
|
||||
|
|
|
@ -1,4 +1,5 @@
|
|||
---
|
||||
lang: en
|
||||
layout: base-en
|
||||
id: you-need-to-know
|
||||
title: Some things you need to know - Bitcoin
|
||||
|
@ -7,7 +8,7 @@ title: Some things you need to know - Bitcoin
|
|||
<p>If you are about to explore Bitcoin, there are a few things you should know. Bitcoin does not let you send emails or take pictures; it lets you exchange money and value. As such, Bitcoin must be treated with the same care as your regular wallet, or even more in some cases!</p>
|
||||
|
||||
<h2><img src="/img/ico_key.svg" alt="Security" />Securing your wallet</h2>
|
||||
<p>Like in real life, your wallet must be secured. Bitcoin allows the transfer of value worldwide easier than ever. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly. Always remember that it is your responsibility to adopt good practices in order to protect your money. <a href="/en/secure-your-wallet"><b>Read more about securing your wallet</b></a>.</p>
|
||||
<p>Like in real life, your wallet must be secured. Bitcoin allows the transfer of value worldwide easier than ever. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly. Always remember that it is your responsibility to adopt good practices in order to protect your money. <a href="/{{page.lang}}/{{site.section.secure-your-wallet[page.lang]}}"><b>Read more about securing your wallet</b></a>.</p>
|
||||
|
||||
<h2><img src="/img/ico_market.svg" alt="Volatile" />Bitcoin price is volatile</h2>
|
||||
<p>The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. Consequently, keeping your savings in bitcoin is not recommended. Bitcoin should be considered as a high risk asset, and you should never store money that you cannot afford to lose with Bitcoin. If you receive payments with Bitcoin, many service providers allow you to convert them instantly to your local currency.</p>
|
||||
|
|
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Add table
Add a link
Reference in a new issue