Sentences with phrase «peer electronic currency»
MoneroV website claims that this coin will «fulfill the long overdue desire for a truly anonymous, decentralized, finite peer - to - peer electronic currency», thus making it the «Best Private Digital Currency in the World».
https://captainaltcoin.com/ Not exact matches
Another question found that many users now view bitcoin as less of a «digital currency» (like its creator Satoshi Nakamoto seemingly described in the «Bitcoin: A Peer - to - Peer Electronic Cash System» white paper), and more of a «digital gold» (seemingly used more for value storage and investment).
• the advantages of Bitcoin over traditional fiat currency and payment methods • why the newer Bitcoin Cash presents the better path to being «peer - to - peer electronic cash» • what steps need to be taken to achieve global adoption
In a nod to the white paper that started it all, BCH's website describes the currency as «Peer - to - Peer Electronic Cash.»
Perhaps propitiously, the pseudonymous Satoshi Nakamoto — who may or may not be an Australian entrepreneur named Craig Wright — outlined a new protocol for a peer - to - peer electronic cash system using a cryptocurrency, or digital currency, called Bitcoin.
While there are many joke currencies and memes out there surrounding cryptocurrency, Bitcoin and the idea to create a peer - to - peer electronic payment system was for a very real purpose, to revolutionize the way the world uses currency.
Simply put, cryptocurrencies are electronic peer - to - peer currencies.
Technically, the idea of an electronic peer - to - peer currency was being tinkered with decades ago, but it wasn't truly successful until 2008, when bitcoin was conceived.
The header of the Bitcoin white paper defines the digital currency as «A Peer - to - Peer Electronic Cash System.»
Nakamoto published a paper about virtual currency in 2008, and he said that he developed «A Peer - to - Peer Electronic Cash System.