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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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Telegram is not for sale, founder says
07 Aug 2020 12:00 Founder and CEO Pavel Durov has denied reports that he’s in talks with a Russian tech company to offload the embattled Telegram. [...]
The CoinGeek Pulse: Episode 7 This week saw Russia making moves to back digital currency, bringing further developments in the legal position in the country. [...]
Antminer shipping faces delay as Bitmain founders’ row continues The Antminer Sales Team confirmed all shipments are delayed by three months over “external interference over the company’s management.” [...]
TAAL files second patent for Layer 1 token technology to enable smart contracts built on Bitcoin SV and in direct competition to Ethereum ERC-20 tokens TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB: OTC:TAALF) (“TAAL” or the “Company”) announces that its operating subsidiary has filed a second patent application (the “Patent Application”) with the United Kingdom patent office with respect to its newly acquired Layer 1 token blockchain technology for the BSV (Bitcoin SV) network. [...] Bitcoin Ownership Steadily Shifts From Whales to Small Investors, Data Shows The amount of bitcoin held by small investors has more than doubled in the past five years as so-called whale holdings declined by an almost similar margin during the same period. ...
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily Bitcoin averaged over a million daily active addresses ...
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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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