by Shermin Voshmgir | Sep 14, 2015
Bitcoin is a cryptocurrency that runs on a (1) global peer to peer network, is (2) decentralised (no single entity can control it), it’s (3) open source (wallet & transaction verification), (4) bypassing middlemen or central authority, with (5) no issuer or...
by Shermin Voshmgir | Sep 6, 2015
Bitcoin mining is a decentralized computational process that serves two purposes: confirms transactions and creates new bitcoins. The algorithm used for this task is called Proof of Work(PoW). Source: Dailyhostnews
