For those of you who keep track of the value of Bitcoin, you no doubt see all the fluctuations that are connected to this digital currency. Some people wonder if this means that there is a threat to the entire Bitcoin currency or not? Right now experts agree that these fluctuations are based on users…
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In this article we will discuss the complex issue of a Bitcoin transaction. Bitcoins are exchanged and transferred digitally through a computer generated code. To ensure that these transactions are completed safely and securely users use keys. Two keys are always required for any transaction: Public Key Private Key The public key is the one…
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There is a lot of noise in the market place these days about the digital currency Bitcoin. This is a relatively new type of currency that can be thought of as a code. It is mined on computers by users called Bitcoin Miners around the world. One of the most loved aspect of this currency…
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Trying to come up with alternative currencies is not a new concept at all. Many countries and people have tried but none have gained the popularity that Bitcoin has. The Bitcoin genesis began back in 2009 and by the middle of 2013 it was estimated that the value of bitcoins in existence was 400 Million…
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The beginning or Genesis of Bitcoin dates back to October of 2008. This was when the developer, Satoshi Nakamoto wrote the code for Bitcoin. Actually the true identity is not known, as the name Satoshi is just a pseudonym. The actual operation of this software was started on January 3, 2009. It was developed as…
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