Crypto currency is digital currency that works on the encryption technique and is managed by Bitcoin technology that is the financial institutions of crypto currency. The crypto currency does not come under the purview of any private or governmental financial institution and is managed independently. There are many crypto currencies that are in existence such as: Bitcoin, Ethereum, Ripple, and many more. There are almost 2000 crypto currencies that are in existence although there are only some that cannot be mined. These currencies are managed by Bitcoin technology that work independently and have their own set of rules of exchange and mining. These companies have also developed trade markets for the exchange of crypto currencies.
If you want to generate the bitcoin, you can do so by a process known as mining. Mining is a process in which transaction records are into public ledger of bitcoin. People who generate bitcoins are known as miners. Bitcoin can be easily generated by solving the mathematical computations. However, the point you must remember is that the computations gets harder with the formation of every new bitcoin. Bitcoin generation does not require any kind of investment but being a miner you may have to expense a good amount on the installation of the mining software.
If you don’t want to expense that then too you can earn btc price for free but it will require some serious efforts from you. You will have to put all your efforts in solving the computations of software and then you can download them online.
However, whichever type of Bitcoin wallet one uses it is always important to take all the possible safety measures so as to protect your wallet against theft or loss. However, I f you create a wallet without taking any safety measures and now worried about its protection then it is type for you to stop worrying and create a new secure wallet. Yes, by taking many individual’s bad experience on wallet theft/wallet loss into consideration recreating of new wallet came into existence.