Bitcoin
From Just Solve the File Format Problem
(Difference between revisions)
Dan Tobias (Talk | contribs) m (→Other links and references) |
Dan Tobias (Talk | contribs) |
||
| Line 2: | Line 2: | ||
|formattype=electronic | |formattype=electronic | ||
|subcat=Currency | |subcat=Currency | ||
| + | |released=2009 | ||
}} | }} | ||
Revision as of 02:53, 20 December 2012
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 appear to be displayed in a JSON-based format.
Contents |
