Bitcoin define

Bitcoin is a worldwide cryptocurrency and digital payment system:3 called the first decentralized digital currency, since the system works without a central.Bitcoin was invented as a peer-to-peer system for online payments that does not require a trusted central authority.Bitcoin Definition - Bitcoin is a digital cryptocurrency made up of processed data blocks used for online and brick-and-mortar purchases. Because.Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new.

Bitcoin - The Internet of Money

Thereafter you can buy the Bitcoins on a Bitcoin exchange using regular currency.

Bitcoin is a decentralized electronic cryptocurrency created in 2008 by Satoshi Nakamoto.Bitcoin Mining is a peer-to-peer computer process used to secure and verify bitcoin transactions—payments from one user to another on a decentralized network.Information and translations of Bitcoin in the most comprehensive.Bitcoin Dictionary Definitions of all Bitcoin-related terms View on GitHub Download.tar.gz Bitcoin Dictionary.Become the best Bitcoin miner and learn how to mine Bitcoins with the best Bitcoin mining hardware, software,.

Specifically, it measures the number of times a hash function can be computed per sec.A peer to peer electronic cash with minimal fees allowing you to send money across the globe in minutes for less than a penny.Find out information about Bitcoin mining. See Bitcoin Explanation of Bitcoin mining.West Virginia bureaucrats are moving forward to define bitcoin and other digital currencies with an anti-money laundering (AML) bill.Definition of bitcoin - a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the.Bitcoin is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.

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Bitcoin mining dictionary definition | Bitcoin mining defined

Create your free digital asset wallet today at 14,000 terms and phrases, Bitcoin has been added to the Merriam-Webster Unabridged.This coding breakthrough—which consists of concatenated blocks of transactions—allows competitors to share a digital ledger across a network of computers without need for a central authority.

Bitcoin Definition | Leading Safe & Secure Cryptocurrency

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money.

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Bitcoin (noun) meaning, pronunciation and more by Macmillan Dictionary.

The Bitcoin Dictionary is a collection of definitions of Bitcoin-related terms for the community of Bitcoin users, developers, businesses as well as anyone interested in Bitcoin.Definition of Bitcoin: a digital currency created for use in peer-to-peer online transactions Introduced in 2008 by a person or group using the name Satoshi.The definition of bitcoin is a publicly-owned, digital form of currency that uses cryptography (information security algorithms) to securely send and receive payments.

PC Magazine Tech Encyclopedia Index - Definitions on common technical and computer related terms.Unlike traditional currencies such as dollars, bitcoins are issued and.If you know a bit about bitcoin, blockchain will blow you away.

Bitcoin Dictionary - Android Apps on Google Play

Bitcoin miner synonyms, Bitcoin miner pronunciation, Bitcoin miner translation, English dictionary definition of Bitcoin miner. n 1. a system.Casascius Bitcoins are physical coins you can hold - and each one is worth real digital bitcoins.They get stuck on details and lose track of the bigger picture.

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Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts.Address A Bitcoin address is a unique string of 27-34 alphanumeric characters.An example of bitcoin is the digital money that can be allocated using a cell phone to donate to an Internet site such as Wikileaks.No single party has the power to tamper with the records: the math keeps everyone honest.

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Facilitates payments by using peer-to-peer technology and can be used on the internet or in brick and mortar stores.

An industry group of developers, researchers and security professionals have come up with a set of proposed best practices for Bitcoin and cryptocurrency businesses.Overview Recent Changes Your Watchlist Search Widget Search Definition of Bitcoin Bitcoin is a digital currency.A wallet stores the digital credentials for your bitcoin holdings and allows you to.