Bitcoin
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* [[Wikipedia:Bitcoin|Wikipedia article]] | * [[Wikipedia:Bitcoin|Wikipedia article]] | ||
* [http://blog.archive.org/2012/12/19/i-donated-bitcoins-to-the-internet-archive/ My adventure in donating bitcoins to the Internet Archive] | * [http://blog.archive.org/2012/12/19/i-donated-bitcoins-to-the-internet-archive/ My adventure in donating bitcoins to the Internet Archive] | ||
+ | * [http://www.forbes.com/sites/jonmatonis/2013/01/28/government-ban-on-bitcoin-would-fail-miserably/ Government Ban On Bitcoin Would Fail Miserably] |
Revision as of 12:37, 29 January 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 appear to be displayed in a JSON-based format.
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