The first Bitcoin wallets were integrated with the distributed systems which talked to each other to reach a consensus on transactions which had taken place. This consensus is called the “block chain.” Each transaction is recorded in the block chain, showing whose authority was used to transfer that value in …

Now binary options trading brokers also allow you to fund your accounts by using Bitcoins. Bitcoin is a form of digital money, which defers quite remarkably from the other conventional currencies like the dollar and the pound. Some of the main highlights of Bitcoins are: It uses peer-to-peer technology, and …

Bitcoin is an online digital currency, just like a dollar or a pound but with a few exceptions. Introduced by Satoshi Nakamoto in 2009, Bitcoin engages in a peer-to-peer payment system where no intermediaries exist and goods can be securely transferred between any two people on the planet. It is …

It is hard to imagine a world where smart phone technology is ubiquitous, and there are still individuals who do not have access to adequate financial institutions. In these modern times there are roughly six billion people with limited or no access to banking facilities. Difficult to fathom, right? Sadly …

Bitcoin is a virtual currency that doesn’t rely on a central authority for bookkeeping but instead is completely open-source, peer-to-peer network for money, something unparalled in the history of human economics. But are the people, their representatives and businesses ready for this new form of currency? Bitcoin can take off …

Bitcoin has lead the crypto world for so long, and so dominantly that the terms crypto and Bitcoin are often used interchangeably. However, the truth is, the digital currency does not only comprise of Bitcoin. There are numerous other crypto currencies that are part of the crypto world. The purpose …

Bitcoin is a payment system invented by Satoshi Nakamoto who released it in 2009 as an open-source software. Claims to the identity of Nakamoto have never been verified, but the Bitcoin has progressed from obscurity to the largest of its kind, a digital asset now being called the ‘cryptocurrency’. The …

Bitcoin is a form of currency existing only in the digital world. The technology was created by an individual hiding under an identity named Satoshi Nakamoto. To this day, the creator/creators of the system never materialized, maintaining an anonymous status. Bitcoins are not printed like traditional currencies as there are …

Once upon a time in America, owning your own home was the holy grail of the American Dream. Houses were expensive, sure, but with a stable job and a fixed-rate loan from the bank, you could plan your future and expect to have a place to be in your retirement …

Bitcoin is a decentralized digital currency which is owned by none. Government has no control over it. It uses peer to peer networking and cryptographic proofs to operate the system. The system is controlled and made fraud free by recording transactions in block chain, a public history record, once they …