Bitcoin

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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'').
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The smallest possible unit in a Bitcoin transaction is .00000001 bitcoins, also known as a satoshi.
  
 
== Data format info ==
 
== Data format info ==

Revision as of 06:02, 17 December 2013

File Format
Name Bitcoin
Ontology
Released 2009

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).

The smallest possible unit in a Bitcoin transaction is .00000001 bitcoins, also known as a satoshi.

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