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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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CoinGeek Backstage: Haste’s Joe DePinto wants to get people to start using Bitcoin in real world
31 Jul 2021 11:00 On this episode of CoinGeek Backstage, Becky Liggero Fontana got the chance to catch up with Joe DePinto, CMO and co-founder of Haste, on the sidelines of the CoinGeek Conference in Zurich. [...]
Kazakhstan allows banks to serve digital currency exchanges The country’s pilot project seeks to make digital currency investment mainstream to attract investment from the global community as well as enhance protection for its local investors. [...]
CoinGeek Weekly Livestream’s AMA shines spotlight on nChain’s Kensei, CryptoFights and Amazon Kurt Wuckert Jr. is back on the CoinGeek Weekly Livestream with an Ask Me Anything episode, which touches on different topics beginning with the newly launched Kensei platform by nChain. [...]
The CoinGeek Pulse Episode 54: DoJ to probe Tether as Coinbase faces lawsuit, Amazon denies digital currency plans, and nChain launches Kensei In light of the U.S. government’s crackdown on digital currencies, the Department of Justice is reportedly pulling together a probe on Tether executives for bank fraud allegations. [...]
Digital Ticket Stubs: New York Knicks Launch Team’s First NFT Collection
Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts
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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 |
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