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  2. Bitcoin - Wikipedia

    en.wikipedia.org/wiki/Bitcoin

    Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight.

  3. Cryptocurrency - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto [a] is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it [2]. It has, in a financial point of view, grown to be its own asset class.

  4. History of bitcoin - Wikipedia

    en.wikipedia.org/wiki/History_of_bitcoin

    Number of bitcoin transactions per month (logarithmic scale) Bitcoin is a cryptocurrency, a digital asset that uses cryptography to control its creation and management rather than relying on central authorities. [1] Originally designed as a medium of exchange, Bitcoin is now primarily regarded as a store of value.

  5. What is Bitcoin? - AOL

    www.aol.com/finance/bitcoin-155903136.html

    Bitcoin suffers from some significant drawbacks that are intrinsic to its design, notably its limit on the number of coins in circulation and its general volatility. 1. Bitcoin is an energy hog

  6. What Is the Bitcoin White Paper? - AOL

    www.aol.com/finance/bitcoin-white-paper...

    Simplified Payment Verification. ... But Bitcoin remains as the cryptocurrency that started it all, and the white paper is an important historical and technical document detailing this currency.

  7. 1 reason for new bitcoin mania: 'Simply not enough' supply - AOL

    www.aol.com/finance/one-reason-bitcoin-mania...

    A simple equation helps explain the heated rally in bitcoin: More coins are being bought each day than new ones are being created. 1 reason for new bitcoin mania: 'Simply not enough' supply [Video ...

  8. Bitcoin protocol - Wikipedia

    en.wikipedia.org/wiki/Bitcoin_protocol

    The Bitcoin protocol is the set of rules that govern the functioning of Bitcoin. Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all Bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify ...

  9. Economics of bitcoin - Wikipedia

    en.wikipedia.org/wiki/Economics_of_bitcoin

    Economics of bitcoin. Bitcoin was designed by its pseudonymous inventor, Satoshi Nakamoto, to work as a currency, but its status as a currency is disputed. [1] Economists define money as a store of value, a medium of exchange and a unit of account, and agree that bitcoin does not currently meet all these criteria.

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