Category Archives: Basics

Bitcoin History

In November 2008, Satoshi Nakamoto published a 8-page white paper explaining the new electronic cash system “based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.”. This is how bitcoin was created. Satoshi himself disappeared off the grid in… Read More »

Bitcoin Basics

Bitcoin is a new kind of money and payment system. It uses peer-to-peer technology to operate without a central authority or banks. Transactions and the issuing of new bitcoins are carried out collectively by the network. Bitcoin is open-source, nobody owns or controls it and everyone can take part. Through many of its unique properties, Bitcoin… Read More »