Tag: decentralized currency meaning

What Is Bitcoin Selling At

Bitcoins are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Bitcoin is a decentralized currency, meaning it is not subject to government or financial institution control. Bitcoins are created through a process called “mining.” Miners are rewarded with bitcoins for verifying and committing transactions […]

Why Computers Won End Bitcoin Wallets

Bitcoin wallets are used to store bitcoins, and are often encrypted to protect your money. However, there have been cases where computer viruses have infected wallets, causing the bitcoins within them to be stolen. As a result, some people believe that computers will eventually end up winning the battle against Bitcoin wallets, meaning that wallets […]