Bitcoin
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− | + | '''[[Bitcoin]]''' is an "alternative currency" that is generated electronically with no central authority, with a loosely-connected set of network nodes engaged in "minting" coins by solving difficult mathematical computations, validating such newly-created "coins", and storing transactions involving them. This is all accomplished algorithmically. | |
− | '''Bitcoin''' is an "alternative currency" that is generated electronically with no central authority, with a loosely-connected set of network nodes engaged in "minting" coins by solving difficult mathematical computations, validating such newly-created "coins", and storing transactions involving them. This is all accomplished algorithmically. | + | |
A bitcoin, and its associated transactions, can be represented in various ways, even including actual physical metal coins if you can believe the picture in the Wikipedia article. A binary format is defined in the Bitcoin technical specs, but archived Bitcoin blocks in the "Block Explorer" site are displayed in a [[JSON]]-based format (served as ''text/plain''). | A bitcoin, and its associated transactions, can be represented in various ways, even including actual physical metal coins if you can believe the picture in the Wikipedia article. A binary format is defined in the Bitcoin technical specs, but archived Bitcoin blocks in the "Block Explorer" site are displayed in a [[JSON]]-based format (served as ''text/plain''). |
Revision as of 22:11, 3 November 2013
Bitcoin is an "alternative currency" that is generated electronically with no central authority, with a loosely-connected set of network nodes engaged in "minting" coins by solving difficult mathematical computations, validating such newly-created "coins", and storing transactions involving them. This is all accomplished algorithmically.
A bitcoin, and its associated transactions, can be represented in various ways, even including actual physical metal coins if you can believe the picture in the Wikipedia article. A binary format is defined in the Bitcoin technical specs, but archived Bitcoin blocks in the "Block Explorer" site are displayed in a JSON-based format (served as text/plain).
Contents |
Data format info
Other specs and definitions
Software
Sample files
Other links and references
- Wikipedia article
- My adventure in donating bitcoins to the Internet Archive
- Government Ban On Bitcoin Would Fail Miserably
- Bitcoin ATM
- Bitcoin value reaches new high against US dollar
- Hackers steal over $12,000 in bitcoins
- Video explains Bitcoin
- Paper criticizing Bitcoin (and the concept of decentralized currencies)
- Open source governance in Bitcoin
- Bitcoins Seized by DEA
- Bitcoin's vast ovvervaluation seems to be caused by usually-illegal price fixing
- Person gets windfall from Bitcoins he forgot he owned; bought for $24 and sold for around $1 million