Template:MainPage Intro: Difference between revisions
correcting wording so we don't slight chaum et al as earlier originators of digital cash in general. |
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Most client software, derived or "from scratch", also use open source licensing. | Most client software, derived or "from scratch", also use open source licensing. | ||
Bitcoin is one of the first implementations of a | Bitcoin is one of the first successful implementations of a ''distributed crypto-currency'', described in part in 1998 by Wei Dai on the cypherpunks mailing list. Building upon the notion that money is any object, or any sort of record, accepted as payment for goods and services and repayment of debts in a given country or socio-economic context, Bitcoin is designed around the idea of using cryptography to control the creation and transfer of money, rather than relying on central authorities. | ||
:''Sourced from [http://bitcoin.org Bitcoin.org] and [[wikipedia:Bitcoin|Wikipedia]].'' | :''Sourced from [http://bitcoin.org Bitcoin.org] and [[wikipedia:Bitcoin|Wikipedia]].'' | ||
Revision as of 21:50, 16 October 2013
Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.
The original Bitcoin software by Satoshi Nakamoto was released under the MIT license. Most client software, derived or "from scratch", also use open source licensing.
Bitcoin is one of the first successful implementations of a distributed crypto-currency, described in part in 1998 by Wei Dai on the cypherpunks mailing list. Building upon the notion that money is any object, or any sort of record, accepted as payment for goods and services and repayment of debts in a given country or socio-economic context, Bitcoin is designed around the idea of using cryptography to control the creation and transfer of money, rather than relying on central authorities.
- Sourced from Bitcoin.org and Wikipedia.
Bitcoin-Qt:
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