Bitcoin

Bitcoin (BTC, ₿) is the first decentralized digital currency and the first cryptocurrency in the world, that doesn’t need any banks or administrators, because it has the peer-to-peer network.  

Bitcoin network nodes verify all transactions due to the use of cryptography and recorded in a public distributed ledger called a Blockchain. 

Bitcoin was created in 2009 by an unknown person or group of people under the pseudonym Satoshi Nakamoto. 

The Bitcoin cryptocurrency token can be received as a reward for a process called bitcoin mining. Or one can sell BTC tokens or exchange for other currencies (including cryptocurrencies, fiat and coupons), products, and services.

Bitcoin has many positive benefits against other currencies. Bitcoin’s price is determined not by the central banks but by the ordinary people. And Bitcoin price is highly volatile.

Cryptocurrency and Artificial Intelligence Used Together in Investment
May 03, 2017 at 14:43
Coin expert
Cryptocurrency and Artificial Intelligence Used Together in Investment
Just because Grindelwald and Dumbledore had a deadly brawl during their quest to revolutionise magic doesn’t mean two great powers cannot be used in concert to change the world. This could be the worst way to start an important conversation about financial technology, but stick with me, it gets more interesting.
The Byzantine Alternative
May 03, 2017 at 12:42
News
The Byzantine Alternative
The unprecedented financial success of projects like Bitcoin and Ethereum often hides the fact that both enterprises essentially live on borrowed time due to the energy inefficiency of their platforms.
Decentralization: Who Should Decide On The Blockchain?
May 02, 2017 at 11:33
News
Decentralization: Who Should Decide On The Blockchain?
The proposal of Community Designed Governance may represent true decentralization of the Blockchain, but the possibility of implementation remains a subject of feasibility with the fundamental structures of both existing and future innovations.
Islands in the Caribbean To Adopt Bitcoin
May 01, 2017 at 11:02
News
Islands in the Caribbean To Adopt Bitcoin
The twin-island country of Antigua and Barbuda in the Caribbean may soon adopt Bitcoin as an official currency.
No Reason to Run Bitcoin and Blockchain Business in Malta
Apr 27, 2017 at 15:23
News
No Reason to Run Bitcoin and Blockchain Business in Malta
There is no reason to run a Bitcoin or Blockchain business in Malta if you are in the EU. Bitcoin lawyers, entrepreneurs, and traders from Malta consider the local government to talk more than support the blockchain.
New Cloud Technology-Based Cryptocurrency Challenging Bitcoin
Apr 27, 2017 at 12:34
News
New Cloud Technology-Based Cryptocurrency Challenging Bitcoin
A new technology called RAIDA (Redundant Array of Independent Detection Agents), used to detect the authenticity of a new cloud-based cryptocurrency – CloudCoin, has received a provisional patent in the US, and now aims to challenge the technology standing behind Bitcoin.
Where are Crypto Exchanges Heading?
Apr 21, 2017 at 13:13
Coin expert
Where are Crypto Exchanges Heading?
Given that Waves has its own decentralised exchange, I’m often asked about the prospects of development for crypto exchanges. As the blockchain sector grows, will they continue to exist as niche products, or will they be absorbed by the current market leaders? The answer is a little more nuanced than that, and rests on an accurate understanding of what blockchain offers.
Can DLT Solutions Compete with SWIFT?
Apr 20, 2017 at 10:50
News
Can DLT Solutions Compete with SWIFT?
Banks are looking forward to implementing new technologies for changing and improving the existing payment systems.
Another Bitcoin Exchange Operating in China Has Suspended Fiat Deposits
Apr 19, 2017 at 10:15
News
Another Bitcoin Exchange Operating in China Has Suspended Fiat Deposits
A second bitcoin exchange has suspended fiat deposits because of issues with intermediary banks.
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