Definition of a bitcoin

Bitcoin | Definition of Bitcoin by Merriam-Webster

Bitcoin was invented as a peer-to-peer system for online payments that does not require a trusted central authority.The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order (1 ed.). New York: St.Besides software wallets, Internet services called online wallets offer similar functionality but may be easier to use.Merchants accepting bitcoin ordinarily use the services of bitcoin payment service providers such as BitPay or Coinbase.As in a cash transaction, the sum of inputs (coins used to pay) can exceed the intended sum of payments.

What Is Driving Bitcoin? - Wealth Daily

A malicious provider or a breach in server security may cause entrusted bitcoins to be stolen.

Bitcoin is a digital payment currency that utilizes crypto-currency and peer-to-peer technology to create and manage monetary transactions.An actual bitcoin transaction including the fee from a webbased cryptocurrency exchange to a hardware wallet.What links here Related changes Upload file Special pages Permanent link Page information Wikidata item Cite this page.

Bitcoin Denominations

They get stuck on details and lose track of the bigger picture.One of the most talked about issues with respect to Bitcoin and other cryptocurrencies is exactly how they are to be.English dictionary definition of Bitcoin miner. n 1. a system of open source peer-to-peer software for the creation and exchange of a.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.For a broader coverage related to this topic, see Blockchain.

Bitcoin mining is the processing of transactions in the digital currency system, in which the records of current Bitcoin transactions, known as a blocks, are added to.PC Magazine Tech Encyclopedia Index - Definitions on common technical and computer related terms.

Blockchain Definition from Financial Times Lexicon

Virtual currency: a primer on why Bitcoin matters to CPAs Coinfloor simplifies this process for bitcoin buyers by providing a direct and personal interface to a vetted Coinfloor Market Broker with local banking facilities.Bloomberg L.P. Archived from the original on 9 February 2014.Definition of Bitcoin. BTCManager website is offered to wide range of readers as a daily digest that focuses on issues and modern solutions in the practical.

Bitcoin is a digital currency that lets you make anonymous transactions online.In September 2015, the establishment of the peer-reviewed academic journal Ledger ( ISSN.

Bitcoin provides a new approach to payments and, as such, there are some new words that might become a part of your vocabulary.The Twelfth Workshop on the Economics of Information Security (WEIS 2013).BTCs versus...When using a lightweight client, the server can not steal bitcoins, but it can report faulty values back to the user.Bitcoin is a digital asset designed by its inventor, Satoshi Nakamoto, to work as a currency.

Understanding the definition of bitcoin, its founder, and

Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments.

What is Bitcoin? definition and meaning

The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them.The Chronicle of Higher Education ( Archived from the original on 16 April 2014.

proof of work - What exactly is Mining? - Bitcoin Stack

One of the first supporters, adopters, contributor to bitcoin and receiver of the first bitcoin transaction was programmer Hal Finney.Bitcoin Dictionary Definitions of all Bitcoin-related terms View on GitHub Download.tar.gz Bitcoin Dictionary.Owners of bitcoin addresses are not explicitly identified, but all transactions on the blockchain are public.The use of multiple inputs corresponds to the use of multiple coins in a cash transaction.While some countries have explicitly allowed its use and trade, others have banned or restricted it.

Wallets and similar software technically handle all bitcoins as equivalent, establishing the basic level of fungibility.The transaction must carry the digital signature of every input owner.The legal definition of Bitcoin is An electronic form of currency.

Virtual Currency Bitcoin in the Scope of Money Definition

Address A Bitcoin address is a unique string of 27-34 alphanumeric characters.IT Glossary. Bitcoin. Bitcoin is a digital currency that is the most prominent of the family of cryptocurrencies.

Notice: Bitcoin & Bitcoin Cash, Definition of The "Real" Bitcoin (BTC / BCH | BCC)

Since you can buy Bitcoin in any currency and then exchange them later for another one, it gives you maximum freedom as far as payments go.On 6 August 2010, a major vulnerability in the bitcoin protocol was spotted.

(U) Bitcoin Virtual Currency: Intelligence Unique Features

Bitcoin has emerged as the leading cryptocurrency of choice ever since it came into being.Information and translations of Bitcoin in the most comprehensive.

Bitcoin Obliterates 'The State Theory Of Money' - Forbes

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