Bitcoin is a peer-to-peer currency exchange system that features a predictable currency rate. The generation of Bitcoin currency is controlled by an algorithm created by Japanese researcher Satoshi Nakamoto in 2008. Bitcoin system users are essentially "mining" for Bitcoins using their computers CPU power. Today, because of the intrinsic characteristics of the Bitcoin-generating algorithm, calculating new […]
Bitcoin, developed in 2009 and based on the works of Satoshi Nakamoto, is a peer-to-peer (P2P) currency system created in open-source C++ programming code. Its inventor describes it as a purely peer-to-peer version of electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution. […]
In 2009, Satoshi Nakamoto had and idea: A digital currency that could be used without bank or central entities, based on the trust the users had for each other. With the help of public key cryptography and the Internet, members of this peer-to peer network could tell if a user vas a legitimate one and […]
Latest Comments