what is bitcoin?


SUBMITTED BY: shienso

DATE: June 2, 2016, 4:08 p.m.

FORMAT: Text only

SIZE: 393 Bytes

HITS: 3545

  1. Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.

comments powered by Disqus