Tag: Blockchain

What is Bitcoin?

Bitcoin is a digital currency, created and storaged electronically. There’s no central control like it is with any other currency which we use today. It means there’s less opportunities to abuse money for power, as we’ve all seen happening every day. Bitcoins aren’t printed like dollars or euros. Bitcoins are produced/mined by ordinary people and…

FAQs about Bitcoin

What is Bitcoin? Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. How does Bitcoin…