Tag: public dispersed ledger called

Where Did Bitcoin Start

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]

How Bitcoin Can Immunize Culture

Bitcoin has been in the news a lot lately. The cryptocurrency has been experiencing a massive rally, with its price reaching new all-time highs. Bitcoin’s popularity is down to a number of factors. Firstly, it is a deflationary currency, which means that there is a finite number of bitcoins that can be mined. This makes […]