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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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Craig Wright granted permission to serve Bitcoin developers in landmark suit
12 May 2021 12:13 Dr. Craig Wright, through Tulip Trading Limited, has been granted permission to serve 11 Bitcoin developers out of jurisdiction in order to recover £3.5bn worth of Bitcoin stolen in a hack on Dr. Wright’s network in 2020. [...]
No, BSV and BTC cannot be friends forever If one chain scales in price or transaction volume, miners will switch to that chain without hesitation—regardless of their political positioning, Joshua Henslee writes. [...]
Kleiman v Wright status call: mediation exhausted The parties reported to Judge Beth Bloom that the second attempt at mediation by the parties was unsuccessful, and both agreed that they considered that avenue of dispute resolution exhausted. [...]
NYAG asks court to stop spare change app Coinseed from trading user funds The New York Attorney General’s Office is accusing digital currency trading startup Coinseed of allegedly selling worthless tokens to investors. [...]
Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022
SEC to Scrutinize Funds Invested in Bitcoin Futures
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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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