Category: Bitcoin News

Bitcoin is an open-source, peer-to-peer, digital decentralized cryptocurrency. Powered by the Blockchain technology, its defining characteristic is its decentralization, i.e. the lack of central governing authority, such as a central bank or a ministry of finance. Bitcoin's issuance and circulation are ensured by regular users via a process known as "Bitcoin mining". Bitcoin can be sent anywhere, anytime, (almost) for free, and with little regard for national borders or government/bank-imposed restrictions.

Coin AIO - 13 hours ago (UTC)

Why Does Bitcoin Fail As a Payment System?

Right back from when Satoshi Nakamoto wrote the white paper on Bitcoin, he envisaged it as a payment system and a currency that would operate totally online. However, since its early days, a lot has happened,...