ferybae avatar

Bitcoin

ferybae

Published: 16 Feb 2019 › Updated: 16 Feb 2019Bitcoin

Bitcoin

image
Bitcoin is an electronic money created in 2009 by Satoshi Nakamoto. The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency. Unlike most currencies, bitcoin does not depend on trusting the main publisher. Bitcoin uses a database that is distributed and spreads to nodes from a P2P network to transaction journals, and uses cryptography to provide basic security functions, such as ensuring that bitcoin-bitcoin can only be spent by people owning it, and should never be done more from one time.

Leave Bitcoin to:

Written by

Read more #esteem posts


Best Posts From ferybae

We have not curated any of ferybae's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From ferybae