Bitcoin
From Just Solve the File Format Problem
Revision as of 02:15, 20 December 2012 by Dan Tobias (Talk | contribs)
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.
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