A satoshi is currently the smallest fraction of a Bitcoin. The unit has been named "satoshi" in collective homage to the founder Bitcoin, Satoshi Nakamoto. Satoshi are to Bitcoin like Pennies are to Dollars - just smaller.
The novelty and anticipated value increase of the pioneer cryptocurrency Bitcoin has set people into a mad dash to get their hands on as much Bitcoin currency as they can before the price goes up again in another one of its famous spikes. While there are several different ways to get Bitcoins, most of them require either money or labor. There is one way, however, to get Bitcoins that is totally free and takes very little effort: Bitcoin faucet websites.
A faucet is a website that offers users small payouts of Bitcoin currency as a reward or compensation for doing simple tasks on their website, which will vary depending on the faucet you use. For example, some faucet websites are set up like an online gaming site and will pay a few hundred to a few thousand Satoshi (the smallest unit of Bitcoins) as prizes for playing their games. Others use Bitcoins to entice visitors to click on advertisements or watch videos. Some faucets will make a fixed payout at fixed intervals so long as you are on the website and paying enough attention to click "Collect".
If you want to get free Bitcoins from faucets, you need a place to keep them first. You´ll have to download an application called a Bitcoin wallet; many options are available on bitcoin.org for your desktop, web browser or mobile device. Once your Bitcoin wallet is set up, you can search the internet for faucets and do whatever task or game they require in order to earn your Bitcoin reward. When the faucet is ready to transfer your Bitcoin earnings into your Bitcoin wallet, login to your wallet application and find the option that allows you to "Receive Bitcoins". What this will do is create a single-use secure code that you will give to the faucet so that the Bitcoins you have earned can find their way into your wallet, while still keeping you actual account information secure and secrete. Watch your earnings grow over time, and keep your eyes peeled for the next huge price increase in Bitcoins, which is a great time to sell your Bitcoins and capitalize on your investment.
© 2016 bitspain.xyz
HISTORY OF CRYPTOCURRENCY
The first cryptocurrency was Bitcoin. Bitcoin was created in 2009 by a pseudonymous developer named Satoshi Nakamoto. Bitcoin uses SHA-256, which is a set of cryptographic hash functions designed by the U.S National Security Agency. Bitcoin is a cryptocurrency that is based on the proof-of-work system.
In April 2011, Namecoin, the first altcoin, was created to form a decentralized DNS to make internet censorship more difficult. In October 2011, Litecoin was released and became the first successful cryptocurrency to use scrypt as its hash function rather than SHA-256. This gave the general public the ability to mine for litecoins without the purchase of specific hardware such as the ASIC machines used to mine Bitcoin.
Litecoin began receiving media attention in late 2013 – reaching a market cap of $1 billion. Ripplecoin, created in 2011, was built on the same protocol as Bitcoin but services as a payment system – think of it like a Paypal for cryptocurrencies that supports any fiat currency, cryptocurrency, commodity or even frequent flier miles.
FUTURE NOW CRYPTO CURRENCIES
The technology world is changing too, the money could not be left behind, since the birth of ls crypto currency or digital currency more known the bitcoin, other digital currencies have come to light, this expected growth in giant steps bitcoin has made other developers or programmers realized the coins crypto is not a game or something that can not be used, realized that it is the world's monetary future and have decided to create their own currencies many of these equally safe or more than the same bitcoin.
Some of these coins As dashcoin or litecoin grow at rates that were not expected, remain online for more to be said that will disappear as happened with bitcoin, for many people this type of exchange is not yet well known, and more some do not even know how to use them, but only to look at google or another search engine to find that on the web and in many parts are accepted and there are sites like shapeshift.io currency exchange, where it is easy to share any crypto type of currency for another and this makes it easy to use them for what you want.
Another factor has been important in the use of the currencies are Faucets crypto calls, these pages have highly helped the growth and use of crypto are pages where users enter and are gifted these coins, from its beginnings as faubtcshis faucet bitcoin thought and is its principal ideal encourage the use of bitcoin and crypto other currencies for that.
We did not want to be alone in using bitcoin as currently it's very well known and already many people know how to use, we now want an opportunity to give other currencies like the dashcoin litecoin, and we strongly believe that these two currencies have a long future ahead, mining cost is minimal and profits can be very high.
We hope that within a near future we making within 3-5 crypto coins are known to most people and these can be used anywhere to buy or sell, so there is nothing more to support developers, making known to the common people these coins for use by suit them and see that the change is now.
AUTOMATIC FAUCETS BITCOINS, A GOOD START TO INVEST
Automatic faucets bitcoins are sites offering different types of activities performed in order to obtain satoshis, which equals 0.00000001 bitcoins, but in a striving to perform any of the actions that show these webs month, you can get even up to 2 bitcoins.
These activities may be, log into other joint pages, making clicks, watch videos bitcoins varied and even see any ads just advertising, but beneath it is the great opportunity to acquire some virtual small coins that eventually will be clearly profitable for start investing in this world of criptomonedas.
But the best thing is that as the name implies, automatic faucets of bitcoins are the easiest in which it is not necessary to make many activities, but they themselves are self-monitored to click and view ads without your participation this, either in a range of 1 hour or as they can be configured to time.
Among the most used as this type of faucet examples is the Moon Bitcoin, in which you must first register with your email and progressively go automatically generating satoshis, lower the bitcoins but level also has a tota chance to win prizes if you open a personal account in the Xapo wallet that identifies this faucet special.
Nothing registration with Xapo wallet, you can get even satoshis 5000 with other actions can add up enough to reach up to 1 bitcoin if possible, working to start investing in this business of great current interest. But if you want choose other automatic faucets of bitcoins, you have a wide range of options, which offer benefits at all costs and you can not miss. Uses this great way to enter the system and become part of the bitcoins currencies without investing a penny.