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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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Swedish man involved in digital currency fraud faces 40 years in jail after guilty plea
08 Mar 2021 13:00 Roger Nils-Jones Karlsson is the founder of Eastern Metal Securities, a company that authorities said targeted no less than 3,577 investors. [...]
Ripple executive chairman joins motion to dismiss US regulator’s case In a move that echoes the approach of CEO Brad Garlinghouse, also implicated in the court action, Chris Larsen’s representatives set out four arguments for dismissal in a letter to the court. [...]
Nvidia win $1 billion mining hardware legal fight A California district judge ruled in favor of the GPU manufacturer in the case, finding that Nvidia did not mislead investors as alleged over the nature of demand for its GPU products. [...]
Haste introduces ILP Arcade, platform, SDK and $HST token With the arcade and HST token distribution, incentives are laid out for developers to build games that implement this concept, Joshua Henslee writes. [...]
Indian Government Open to Exploring Cryptocurrencies — Finance Minister Offers New Clues About Crypto Regulation
YIELD App Launches Ethereum Fund, Gives Users up to 20% APY
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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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