Tag: distributed

Bitcoin – What Is It?Bitcoin – What Is It?

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Bitcoin is a digital currency that was introduced in 2009. It is a decentralized, peer-to-peer, virtual currency. The concept of bitcoin was introduced by Satoshi Nakamoto, who remains anonymous. Bitcoin can be used as an alternative to traditional currencies like the dollar or the euro. What is Bitcoin? Bitcoin is a decentralized, peer-topeer, virtual currency. […]

What Is Bitcoin?What Is Bitcoin?

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Bitcoin is a digital currency that can be exchanged for goods and services. It was invented by Satoshi Nakamoto, a Japanese computer scientist who has been identified as the creator of the bitcoin network. Bitcoin is a decentralized peer-to-peer network, meaning that it does not rely on any central authority to control its transactions. Bitcoin […]

What Is Ethereum?What Is Ethereum?

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Ethereum is an open source, public, blockchain based distributed computing platform. It’s primary focus is to provide a platform for decentralized applications (DApps) and smart contracts. The goal of the Ethereum community is to create a more secure, reliable and transparent financial system. Ethereum has its own cryptocurrency called ether. Ether is used to pay […]