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Bitcoin operates using a decentralized, distributed network. This means that there is no central arbiter who controls when or how the money is used. In this manner, there is no way to print more Bitcoins out of thin air. Instead, Bitcoin is mined and released to the rest of the network. In this manner, there is a […]
When it comes to the world of Bitcoin, it has grown by leaps and bounds in a short amount of time. In the past, people used to look at Bitcoin and think that it was some fad that was going to fade into the past in a short amount of time. Bitcoin has instead exploded […]
During the past few years, there has been tremendous growth in the world of cryptocurrency. Without a doubt, the leader in this venture is Bitcoin. For those who might not have heard, Bitcoin is a digital currency that is traded across a decentralized, distributed network. This means that there is no central authority that governs […]
“Bitcoin” has likely become part of your normal vocabulary over the past several years. You read articles about individuals becoming wealthy overnight due to Bitcoin investments skyrocketing or see the symbol as accepted payment online or in a store. This conjures many questions about the system, including what is Bitcoin mining and what is a […]
The world of cryptocurrency has grown quickly and the leader is Bitcoin. For those who might not know, Bitcoin is a digital currency that operates using a distributed, decentralized network. There is no central power, which means there is nobody that controls it. While Bitcoin was invented by Satoshi Nakamoto, he is not the boss […]
