|
|
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.
|
|
|
Will the last BTC miner please remember to switch off the ASICs?
27 Feb 2026 12:00 BTC mining difficulty rate jumps 14.7%, pushing costs above price as firms like Cipher and others accelerate AI data center pivots to offset losses.
Rise in wrench attacks tied to foreign networks: French police Police say crypto-linked “wrench attacks” have become an organized crime, with SIRASCO noting a surge in ransomware tied to digital assets since 2023.
Philippines may fall short of 2028 digital payments target: BSP The Philippines faces challenges in meeting its 2028 digital payment target, as it aims for a cash-lite society and enhanced cybersecurity measures.
Nigeria, South Africa power Africa’s stablecoin surge: poll Stablecoins are surging in Africa as digitalization and global tensions rise, with Nigeria and South Africa leading regional growth, a new survey finds.
Sam Bankman-Fried’s Pardon Campaign Fails to Sway Trump
Bitcoin’s 2026 Slide Deepens: BTC Drops to $65K as $70K Level Becomes ‘Demand Vacuum’
|
|
"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 |
||||