Hi everyone, We sincerely apologize for the delay in the CipherOS release. This project started as a playground for our team to learn, grow, and deliver a unique experience to users. However, due to time constraints caused by real-life work, jobs, and education, we couldn't deliver the releases on time. Also, our team is smaller now, with only two people working on the source-code currently. But hopefully, we've made some good progress this time, and we're positive we can have releases on time.
Hi everyone, We sincerely apologize for the delay in the CipherOS release. This project started as a playground for our team to learn, grow, and deliver a unique experience to users. However, due to time constraints caused by real-life work, jobs, and education, we couldn't deliver the releases on time. Also, our team is smaller now, with only two people working on the source-code currently. But hopefully, we've made some good progress this time, and we're positive we can have releases on time.
Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.” Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system. “The reason why it’s worth money is simply because we, as people, decided it has value—same as gold,” says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.
How to Use Bitcoin?
n the U.S. people generally use Bitcoin as an alternative investment, helping diversify a portfolio apart from stocks and bonds. You can also use Bitcoin to make purchases, but the number of vendors that accept the cryptocurrency is still limited. Big companies that accept Bitcoin include Overstock, AT&T and Twitch. You may also find that some small local retailers or certain websites take Bitcoin, but you’ll have to do some digging. That said, PayPal has announced that it will enable cryptocurrency as a funding source for purchases this year, financing purchases by automatically converting crypto holdings to fiat currency for users. “They have 346 million users and they’re connected to 26 million merchants,” says Spencer Montgomery, founder of Uinta Crypto Consulting. “It’s huge.”
