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The best way to learn about bitcoin, is to jump in and get a few in your “pocket” to acquire a feel for how they work.

Despite the hype about how difficult and dangerous it can be, getting bitcoins is easier and safer than you might think. In plenty of ways, it really is probably easier than opening an account at a traditional bank. And, given what has been happening in the bank operating system, it is probably safer too.

There are a few what to learn: getting and utilizing a software wallet, learning how to receive and send money, learning how to buy bitcoin from a person or an exchange.

Preparation

Before getting started, you will have to get yourself a wallet. You can certainly do this easily enough by registering with one of many exchanges that may host wallet for you. And, although I think you will definitely want to have one or more exchange wallets eventually, you should start with one all on your own computer both to obtain a better feel for bitcoin and as the exchanges remain experimental themselves. When we reach that stage of the discussion, I am advising that you get in the habit of moving your cash and coins off the exchanges or diversifying across exchanges to help keep your money safe.

What is a wallet?

It is a solution to store your bitcoins. Specifically, it is software that has been made to store bitcoin. It really is run on your pc, laptop, mobile device (except, up to now, Apple) and can also be made to store bitcoins on things like thumb drives. Should you be worried about being hacked, then that is a good option. Even the Winklevoss* twins, who have millions invested in bitcoin, put their investment on hard disks which they then placed into a safety deposit box.

*The Winklevoss twins are the ones who originally had the theory for a social media site that became Facebook. They hired Mark Zuckerberg who took their idea as his own and became immensely rich.

What do you must know about having a bitcoin wallet on your computer?

Below you can download the initial bitcoin wallet, or client, in Windows or Mac format. They are not just wallets, but are actually section of the bitcoin network. They’ll receive, store, and send your bitcoins. You can create one or more addresses with a click (an address is really a number that appears like this: 1LyFcQatbg4BvT9gGTz6VdqqHKpPn5QBuk). You will notice a field where you could copy and paste lots like this from a person you intend to send money to and off it’ll go straight into that person’s wallet. You can also create a QR code that may let someone take a picture with an app on the phone and send you some bitcoin. It really is perfectly safe to give these out – the address and QR code are both for my donations page. Feel absolve to donate!

코인커뮤니티 : This type of wallet acts both as a wallet for you personally and as portion of the bitcoin system. The reason why bitcoin works is that every transaction is broadcast and recorded as a number across the entire system (and therefore every transaction is confirmed and made irreversible by the network itself). Any computer with the proper software can be section of that system, checking and supporting the network. This wallet serves as your individual wallet and in addition as a support for that system. Therefore, be aware that it will take up 8-9 gigabytes of your computer’s memory. Once you install the wallet, it will take as much as a day for the wallet to sync with the network. That is normal, does not harm your computer, and makes the system as a whole more secure, so it’s a good idea.

Bitcoin Qt

The original wallet.
This can be a full-featured wallet: create multiple addresses to get bitcoins, send bitcoins easily, track transactions, and back up your wallet.
Outside of the time it takes to sync, this can be a very easy to utilize option.
Seek out Bitcoin Qt wallet download to find their site.
Armory

Runs along with Bitcoi Qt, so that it has all the same syncing requirements.
Armory enables you to back up, encrypt, and the capability to store your bitcoins off line.
Search for Bitcoin Armory Wallet to find their site.
If you don’t want to have that much memory used or don’t want to wait for your wallet to sync, you can find good wallets that not make you sync the entire history of bitcocin:

Multibit

A lightweight wallet that syncs quickly. This is very good for new users.
Seek out Bitcoin Multibit Wallet to find their site.
Electum

In addition to being quick and light, this wallet lets you recover lost data using a passcode.
Seek out Bitcoin Electum Wallet to find their site.
After you obtain the wallet set up, take a few minutes clicking around. Things to look for:

o There will be a page that shows you how many bitcoins are currently in your wallet. Remember that bitcoins can be split up into smaller pieces, so you might see a decimal with plenty of zeros after it. (Interesting note, 0.00000001 is one Satoshi, named after the pseudonymous creator of bitcoin).