Bit coin, a new kind of digital currency is getting very much popularity recently. One bit coin wallet is equal to $40 as on date. The place where bit coins are kept is known as online bit coin wallet. Personal computers as well as laptops are compatible with this. The wallet is a digitalized wallet which is password protected and is highly safe. The wallets help to make the transactions anonymous and the buyer and sellers donor share information. Each bit coin can be divided into small units better known as satoshis after the name of Satoshi Nakamoto, the founder of bitcoins. Even mobiles can be made accessible to this currency that has got to do nothing with any government or authorized ruling body.
The wallets receive and send signals from nodes. The address looks very long and strange which is a long password consisting of numbers and alphabets. Registration has to be made in order to own one bitcoin wallet. The wallet occupies quite a large part of the computer/laptop memory. There are various websites which has got information relating to how to register for a wallet or how to own one bitcoin wallet. One can easily learn from there and they also can obtain it through bitcoin games. People are actually keen on investing in bitcoin. Though the number of bitcoins issued, is quite low, hopefully, it will rise in the upcoming years. The most vital thing about these wallets is that no one will know your password unless you leak them except yourself bad the safety measurement is really high, unlike carrying cash in your pocket. Online websites also provides a forum where bit coins can be purchased and sold as well. The buyers and seller unite over there and make transactions. This crypto currency is here to stay and make its mark.