Difference between revisions of "Bitcoin"
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| − | <b>Bitcoin</b> is a [[Cryptocurrency|cryptocurrency]] that was created in 2009. It was the first application to run in a computer based distributed and public ledger technology called [[Blockchain]]. | + | <b>Bitcoin</b> is a [[Cryptocurrency|cryptocurrency]] that was created in 2009. It was the first application to run in a computer based distributed and public ledger technology called [[Blockchain]]. Invented by Satoshi Nakamoto, an unknown programmer, or a group of programmers,<ref>[https://en.wikipedia.org/wiki/Bitcoin Wikipedia - Bicoin] : Retrieved in August 7th, 2017</ref> the Bitcoin White Paper published in October 31st, 2008 proposed: “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through afinancial institution”.<ref>[https://bitcoin.org/bitcoin.pdf Bitcoin: A Peer-to-Peer Electronic Cash System] Written by Satoshi Nakamoto in October 31st, 2008</ref> |
| − | According to the Bitcoin Wiki FAQ, bitcoin is "a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's like electronic cash that you can use to pay friends or merchants."<ref> [https://en.bitcoin.it/wiki/Help:FAQ Bitcoin Wiki FAQ] Retrieved in August 7th, 2017</ref> | + | According to the Bitcoin Wiki FAQ, bitcoin is "a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's like electronic cash that you can use to pay friends or merchants."<ref> [https://en.bitcoin.it/wiki/Help:FAQ Bitcoin Wiki FAQ] : Retrieved in August 7th, 2017</ref> |
[[STEEM Tokens|Steem]] and [[Steem Dollar (SBD)|steem-based dollars (SBD)]] can be traded for bitcoin on various [[Steem Exchanges|exchanges]], such as [[Bittrex]] and [[Poloniex]]. | [[STEEM Tokens|Steem]] and [[Steem Dollar (SBD)|steem-based dollars (SBD)]] can be traded for bitcoin on various [[Steem Exchanges|exchanges]], such as [[Bittrex]] and [[Poloniex]]. | ||
Revision as of 11:08, 7 August 2017
Bitcoin is a cryptocurrency that was created in 2009. It was the first application to run in a computer based distributed and public ledger technology called Blockchain. Invented by Satoshi Nakamoto, an unknown programmer, or a group of programmers,[1] the Bitcoin White Paper published in October 31st, 2008 proposed: “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through afinancial institution”.[2]
According to the Bitcoin Wiki FAQ, bitcoin is "a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's like electronic cash that you can use to pay friends or merchants."[3]
Steem and steem-based dollars (SBD) can be traded for bitcoin on various exchanges, such as Bittrex and Poloniex.
References
- Jump up ↑ Wikipedia - Bicoin : Retrieved in August 7th, 2017
- Jump up ↑ Bitcoin: A Peer-to-Peer Electronic Cash System Written by Satoshi Nakamoto in October 31st, 2008
- Jump up ↑ Bitcoin Wiki FAQ : Retrieved in August 7th, 2017
Related articles
External links
- The New York Times : Why Bitcoin Matters Written by Marc Andressen in 1/21/2014.
In other languages
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