Bitcoin
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
- Blockchain.com : Support Team Tips: Bitcoin Transactions and Chargebacks Written by Alyson in 6/16/2016 (Updated in 5/25/2017).
- The New York Times : Why Bitcoin Matters Written by Marc Andressen in 1/21/2014.
- Quartz : By reading this article, you’re mining bitcoins Written by Ritchie S. King, Sam Williams and David Yanofsky in 12/17/2013.
In other languages
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