Difference between revisions of "Bitcoin"

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* '''@sfkls''' : [https://steemit.com/bitcoin/@sfkls/and-then-bitcoin-came-to-change-the-history And then Bitcoin came to change the history] ''April 14, 2018''
 
* '''@sfkls''' : [https://steemit.com/bitcoin/@sfkls/and-then-bitcoin-came-to-change-the-history And then Bitcoin came to change the history] ''April 14, 2018''
 
* '''@jerrybanfield''' : [https://steemit.com/dlive/@jerrybanfield/3ffc3520-426a-11e8-836a-b9befc1a6029 25 Reasons Steem Will Replace Bitcoin as #1 Cryptocurrency by 2021!] ''April 17, 2018''
 
* '''@jerrybanfield''' : [https://steemit.com/dlive/@jerrybanfield/3ffc3520-426a-11e8-836a-b9befc1a6029 25 Reasons Steem Will Replace Bitcoin as #1 Cryptocurrency by 2021!] ''April 17, 2018''
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* '''@anomadsoul''' : [https://steemit.com/hive-174578/@anomadsoul/the-state-of-steem-in-the-eyes-of-btc-maximalists-in-berlin-germany The state of Steem in the eyes of BTC Maximalists in Berlin, Germany] ''March 10, 2020''
  
 
==Related articles==
 
==Related articles==

Latest revision as of 08:47, 11 March 2020

Bitcoin is a cryptocurrency that was created in 2009. It was the first application to run in a computer based distributed and public ledger technology called Blockchain. Invented by Satoshi Nakamoto, an unknown programmer, or a group of programmers,[1] the Bitcoin White Paper published in October 31st, 2008 proposed: “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution”.[2]

According to the Bitcoin Wiki FAQ, bitcoin is "a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's like electronic cash that you can use to pay friends or merchants."[3]

The Bitcoin.org defines: "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."[4]

Steem and steem-based dollars (SBD) can be traded for bitcoin on various exchanges, such as Bittrex and Poloniex.

References

  1. Wikipedia - Bitcoin : Retrieved in August 7th, 2017
  2. Bitcoin: A Peer-to-Peer Electronic Cash System Written by Satoshi Nakamoto in October 31st, 2008
  3. Bitcoin Wiki FAQ : Retrieved in August 7th, 2017
  4. Bitcoin.org FAQ : Retrieved in February 6th, 2018

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