ad

Showing posts with label what is bitcoin. Show all posts
Showing posts with label what is bitcoin. Show all posts

Sunday, March 27, 2016

what is bitcoin

Bitcoin is an innovative payment network and a new kind of money. 

What is Bitcoin?

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.