What is Bitcoin and How it Works What is Bitcoin and How it Works

What is Bitcoin and How it WorksWhat is Bitcoin and How it Works

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Bitcoin is a form of digital currency, created and held electronically. It allows you to move money without being traced because all transactions are anonymous. Bitcoins are just lines of computer code that hold monetary value. Those lines of code are created by electricity and computers. Bitcoin was the first crypto coin currency ever invented. Bitcoin’s “creator” is known as Satoshi Nakamoto. They have never been identified.

Bitcoin can be used to buy things electronically. The Bitcoin idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.

How a Bitcoin Transaction Works

If Alice sends some bitcoins to Bob, that transaction will have three pieces of information:

  • An input. This is a record of which bitcoin address was used to send the bitcoins to Alice in the first place (she received them from her friend, Eve).
  • An amount. This is the amount of bitcoins that Alice is sending to Bob.
  • An output. This is Bob's bitcoin address.

How to sent Bitcoin

To send bitcoins, you need two things: a bitcoin address and a private key. A bitcoin address is generated randomly and is simply a sequence of letters and numbers. The private key is another sequence of letters and numbers, but unlike your bitcoin address, this is kept secret.

When Alice wants to send bitcoins to Bob, she uses her private key to sign a message with the input (the source transaction(s) of the coins), amount, and output (Bob’s address).

She then sends them from her bitcoin wallet out to the wider bitcoin network. From there, bitcoin miners verify the transaction, putting it into a transaction block and eventually solving it.

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Theories and Inventors ( സിദ്ധാന്തങ്ങളും ഉപജ്ഞാതാക്കളും )


അസ്ഥിരത സിദ്ധാന്തം - ഡീബ്രോളി .
ആപേക്ഷികസിദ്ധാന്തം - ആൽബർട്ട് ഐൻസ്റ്റീൻ.
കണികാസിദ്ധാന്തം - ഐസക് ന്യൂട്ടൺ.
ക്വാണ്ടം സിദ്ധാന്തം - മാക്സ് പ്ലാങ്ക്.
ഗ്രഹങ്ങളുടെ ചലന നിയമം - ക്ലെപ്ലർ.
ഫോട്ടോ ഇലക്ട്രിക്ക് പ്രഭാവം - ഹെൻറിച്ച് ഹെട്‌സ്.
ബോയിൽ നിയമം - റോബർട്ട് ബോയിൽ.
ബ്ലാക്ക്ഹോൾ സിദ്ധാന്തം - സ്റ്റീഫൻ ഹോക്കിൻസ്.
ഭൂഗുരുത്വാകർഷണ നിയമം - ഐസക് ന്യൂട്ടൺ.


മലയാള സാഹിത്യം - കുമാരനാശാന്റെ കൃതികൾ


ഒരു സിംഹ പ്രസവം .
ഗ്രാമവൃക്ഷത്തിലെ കുയില് .
ചണ്ഡാല ഭിക്ഷുകി.
ചിന്താവിഷ്ടയായ സീത.
കോഡ് : ആശാന്റെ നളിനിയും ലീലയും ഒരു സിംഹ പ്രസവം കണ്ടു മടങ്ങുന്പോള് ഗ്രാമവൃക്ഷത്തിലെ   കുയില് ഇങ്ങനെ പ്രരോധനം നടത്തി , ബാലരാമായണത്തിലെ പുഷ്പവാടിയില്  ചിന്ത...


Major Awards in India


Military Awards .

Param Vir Chakra: Param Vir Chakra is India\'s highest military decoration awarded for the displaying distinguished acts of valour during wartime. The name of the award translates as the "Wheel of the Ultimate Brave".

Mahavir Chakra: The Maha Vir Chakra is the second highest military decoration in India, and is awarded for acts of conspicuous gallantry in the presence of the enemy.

Vir Chakra: Vir Chakra is the third highest military decoration in India, and presented for acts of bravery in the battlefield.

Ashok Chakra: The Ashoka Chakra is India\'s highest peacetime military decoration awarded for valour, courageous action or self-sacrifice away from the battlefield. The decoration may be awarded either to military or civilian personnel. .

Kirti Chakra: The Kirti Chakra is Second in o...