Sentences with phrase «basic idea of bitcoin»
The basic idea of bitcoin is simple: Instead of a financial institution holding a bank ledger, a chain of computers linked through the internet are all using the same software to record and verify every transaction.
https://www.pbs.org/ Not exact matches
For a good idea of how much Bitcoin you'll make in a day use this basic Bitcoin mining calculator.
The most basic problem in this entire space is that a lot of people love the idea of using bitcoin but can't find enough places to spend it.
The basic idea behind Litecoin was to overcome some of the failings of Bitcoin.
The basic idea is that no central regulatory authority may get involved in defining the price of bitcoin.