Bitcoin Cryptocurrency

 

Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value. Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into a public ledger.  Bitcoins are created as a reward for a process known as mining.

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

Don't forget to get a Bitcoin Wallet.

Who is Satoshi Nakamoto?

Are you Satoshi Nakamoto?

Possibly Satoshi Nakamoto

 

Find more Bitcoin Resources at Bitcoin.org

You may also want to read an article on the Harvard University Press published on February 28, 2014.  Sure, a great deal has transpired after that article was written, but it is a nice read to learn about the history of Bitcoin from that years perspective.  Bitcoin: The Cryptopolitics of Cryptocurrencies


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