Bitcoin
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Dan Tobias (Talk | contribs) (→Other links and references) |
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* [http://www.theverge.com/2013/2/28/4039042/bitcoin-value-reaches-new-high-against-us-dollar Bitcoin value reaches new high against US dollar] | * [http://www.theverge.com/2013/2/28/4039042/bitcoin-value-reaches-new-high-against-us-dollar Bitcoin value reaches new high against US dollar] | ||
* [http://www.theverge.com/2013/3/8/4080160/hackers-steal-over-12000-of-bitcoins-from-bitinstant Hackers steal over $12,000 in bitcoins] | * [http://www.theverge.com/2013/3/8/4080160/hackers-steal-over-12000-of-bitcoins-from-bitinstant Hackers steal over $12,000 in bitcoins] | ||
| + | * [http://www.huffingtonpost.com/2013/04/10/bitcoin-video-virtual-cash_n_3055644.html?ncid=edlinkusaolp00000003 Video explains Bitcoin] | ||
Revision as of 22:16, 14 April 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).
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