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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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Donald Trump’s role in the ‘crypto’ boom
21 Nov 2024 12:00 Donald Trump pledged to make the United States the "crypto capital of the world." For the first time in nearly four years, the future of blockchain and digital assets seems bright.
India Web3 space sees Trump influencing ‘crypto’ regulation The Indian Web3 industry is celebrating Donald Trump's re-election, acknowledging that his pro-digital currency outlook could influence global sentiment and investor behavior.
Dirty Pop—How blockchain tech can help prevent Ponzi scams Tech is evolving, but so are the tactics of bad actors looking for a quick payday by administering Ponzi schemes, which could be mitigated if institutions recognize what scalable blockchains can do.
Philippines aviation rebrands identity with UltraPass solution The Philippines is set to elevate its aviation sector to global standards with a digital ID verification system, an initiative promoting seamless travel and advances the country's digitalization.
Bitcoin Hits $98,367 Lifetime High, Nears $2 Trillion Market Cap
Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation
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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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