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1. Introduction

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Devin Bileck edited this page Oct 12, 2018 · 1 revision

This introduction page is for newcomers not yet familiar with cryptocurrency and Bisq

Cryptocurrency

What is a cryptocurrency? In summary it is a decentralized money

In details a cryptocurrency (crypto) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, to adapt to present needs, numerous cryptocurrencies have been created. These are frequently called altcoins.

Videos about crypto

Bisq

What is a Bisq? In summary it is a decentralized Software. Which allows you to securely buy or sell crypto currencies in exchange for fiat, or crypto currencies.

In details Bisq is a fully open-source desktop peer-to-peer (P2P) software that allows you to buy and sell bitcoins and altcoins in exchange for national currencies, or altcoins. Unlike traditional online exchanges, Bisq is designed to be:

  • Instantly accessible – No need for registration or approval from a central authority.
  • Decentralized – there is no single point of failure. The system is peer-to-peer and trading can not be stopped or censored.
  • Safe – Bisq never holds your funds. decentralized arbitration system and security deposits protect traders.
  • Private – no one except trading partners exchange personally identifying data. All personal data is stored locally.
  • Secure – end-to-end encrypted communication routed over Tor.
  • Open – every aspect of the project is transparent. The code is open source.
  • Easy – we take Usability seriously.

Introduction

Tutorials

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