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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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AnkerPay co-founder: ‘Popular demand’ prompts BSV listing on digital wallet
02 Jun 2020 14:00 Les Vorster, co-founder of AnkerPay, talks about the company’s products and its future plans for Bitcoin SV. [...]
More developers abandon work on BTC—this week it’s ElectrumX Jameson Lopp, lead developer of ElectrumX, announced the software would in future versions support only BSV. [...]
Craig Wright on why empty metrics don’t equal greater security A rogue block reward miner could recreate the entire hash rate of Bitcoin from its birth until the end of 2017 with 50% of the current BTC hash rate in only a matter of weeks. [...]
CoinMarketCap updated system appears to rank trading pairs in Binance favor CoinMarketCap recent update to its ranking system provides a comprehensive picture of each market pair. [...]
Travala Sees 205% Jump in Booking Revenue as Travel Demand Returns — 60% Paid With Cryptocurrencies Crypto-friendly travel booking platform Travala has reported booking growth as demand for ...
US Law Enforcement Promises $5M for the Capture of Venezuela’s Superintendent of Cryptocurrencies U.S. Immigration and Customs Enforcement’s (ICE) and Homeland Security Investigations (HSI), has put out a bounty for ...
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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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