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Ce este Bitcoin?

Bitcoin este o valuta peer-to-peer. Peer-to-peer inseamna ca nu exista o autoritata centrala care emite bani noi sau urmareste tranzactiile. Aceste sarcini sunt administrate colectiv de catre retea

Cum functioneaza Bitcoin?

A. Bitcoin uses public-key cryptography, peer-to-peer networking, and proof-of-work to process and verify payments. Bitcoins are sent (or signed over) from one address to another with each user potentially having many, many addresses. Each payment transaction is broadcast to the network and included in the blockchain so that the included bitcoins cannot be spent twice. After an hour or two, each transaction is locked in time by the massive amount of processing power that continues to extend the blockchain. Using these techniques, Bitcoin provides a fast and extremely reliable payment network that anyone can use.