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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license. Click here for a concise explanation of how it works or here for a detailed technical description.
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Thai Central Banker: A National Cryptocurrency Is Years Away
19 Nov 2018 16:00

Central bankers have been talking about issuing their own digital coins ever since they first saw the appeal that bitcoin holds for many people. ...

Report: Censorship-Prone EOS ‘Needs to Re-Architect Its Infrastructure’
19 Nov 2018 14:15

EOS, the $4 billion blockchain project developed by Dan Larimer, has been savaged in an exhaustive new review. The 17,000-word report, based ...

Ivy and Hiveex Launch Ivypay to Facilitate Consumer Bill Payments in Australia
19 Nov 2018 12:30

Ivypay, a cryptocurrency-based payments platform, was launched in Australia on Nov. 19. The service — built by ...

The Daily: Teenagers Want Bitcoin for Christmas, Coinbase-Funded Game to Enter Beta
19 Nov 2018 10:45

In today’s edition of The Daily, we focus on the intersection between the cryptocurrency industry and gaming. A game ...

Havven, Already On Ethereum, Readying Stablecoin For Use On EOS

16 Nov 2018 22:39

Havven, an Ethereum blockchain-based cryptocurrency payment network designed to function like PayPal or credit card networks, is now attempting to gain traction with its stablecoin.

ICO Fraudster Zaslavskiy Pleads Guilty, While Airfox And Paragon Pay SEC Fines

16 Nov 2018 21:47

Zaslavskiy could spend up to 37 months in jail. Airfox and Paragon get away with fines.

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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto