Description: An informational site about bitcoin technology and how it works. Coins Valley is the educational site about cryptocurrencies and not an investment advice site.
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Bitcoin is the first decentralized digital currency that can be sent through the internet globally without using financial institutions like banks. The network is controlled by many of its users, instead of a few entities. The price of a bitcoin unit varies according to market supply and demand
Attention - This site is only for educational purposes on bitcoin technology that has been changing the direction of humanity. IN NO EVENT WILL WE GIVE INVESTMENT ADVICE.
Each Bitcoin is basically a computer file which is stored in a virtual wallet app on a smartphone or computer. You can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain. This makes it possible to trace the history of bitcoins to stop people from spending coins they do not own, making copies or undo-ing transactions.