Bitcoin, a new form of electronic money, nabbed global attention yesterday after a hack attack forced a dramatic fall in its value. After trading as high as $147 just a few days prior, the hack knocked an entire bitcoin service offline “indefinitely,” crippling others as the exchanges fought off hack-related trading lags. Wait – What Read more…
Bitcoin, developed in 2009 and based on the works of Satoshi Nakamoto, is a peer-to-peer (P2P) currency system created in open-source C++ programming code. Its inventor describes it as a purely peer-to-peer version of electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution. Read more…
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