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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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Nigeria launches eNSC; Lagos puts up digital fight vs malaria
06 Mar 2025 16:00 Known as eNSC, the new stablecoin is pegged 1:1 with the naira and the eNaira, but issuer ProsperaVest says that the token has not been approved by the SEC.
Public blockchains can create ‘unprecedented efficiency’: ECB European Central Bank's Ulrich Bindseil is correct: scalable public blockchains are superior, and CBDCs could be minted on them.
Tether v Circle: The knife fight for stablecoin supremacy Tether struggles to fight for its dominance in the stablecoin market as Circle gathers steam with help from high-powered allies in the United States.
SEC announces ‘Crypto Task Force’ staff, roundtable series The U.S. SEC recently announced the members of its Crypto Task Force, who will host a series of roundtables to discuss digital assets regulations.
US Dollar Reserve Dominance Slipping—Expert Warns Trump’s Policies Fuel the Drop
Bitcoin Tumbles Below $85K as Trump’s Crypto Reserve Order Sparks Sell-Off
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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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