bitcoin RSS

bitcoin -

Understanding Bitcoin Bitcoin is a software-based online payment system that utilizes a shared public ledger of all transactions. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call Bitcoin a decentralized virtual currency. Bitcoins are essentially encryption keys and lines of code stored in a digital wallet. This wallet can either be kept on your own computer Bitcoin Wallet or a hosted Bitcoin Wallet company such as Coinbase or Bitcoin exchange such as Bitstamp These keys are exchanged between wallets in exchange for goods, services, or currency within a market value that follows supply and demand of the currency....

Read more