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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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Alphabet, BlackRock lead public firms investing $6B in blockchain startups
19 Aug 2022 11:00 Samsung has invested in the most blockchain firms of all the top 40 public companies at 13, with Alphabet participating in funding rounds that raised $1.5 billion. [...]
Ethereum’s Merge already causing more problems than it’s solving Ethereum’s long-awaited transition to a proof-of-stake (PoS) blockchain has a new launch date but the shift may actually create more problems than it solves. [...]
Galaxy Digital BitGo deal falls through According to Galaxy Digital, the deal was broken off because BitGo failed to deliver an audited financial statement for the 2021 business year by the required date, July 31, 2022. [...]
TonicPow now features campaign metrics and NFTs, Luke Rohenaz says In an interview with Women of BSV, Luke Rohenaz says TonicPow is currently focusing on form development, adding that it is exciting that the product is so mature and does so much. [...]
Qatari National Blockchain Blueprint Spotlights Benefits of the Technology to Country’s Economy
Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores
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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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