Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments.
Definition Of Bitcoin And Its Usages | Cytopia
Many people new to Bitcoin are curious about how to get some.But Shavers challenged the authority of the U.S. District Court where he was being tried, on the grounds that Bitcoins do not actually meet the definition of money,.Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money.The definition of Bitcoin defined and explained in simple language.The legal definition of Bitcoin is An electronic form of currency.
As for a definition, Bitcoin does refer to itself as money or currency—issued, however, not by a government, but instead in a decentralized manner.Information and translations of Bitcoin in the most comprehensive.He’s using the old definition of what we’ve seen currencies do.Bitcoin Definition Bitcoin is a consensus-based peer-to-peer network that enables a new payment system and a completely decentralized digital currency.Bitcoin (noun) meaning, pronunciation and more by Macmillan Dictionary.Bitcoin is a digital currency that lets you make anonymous transactions online.
Bitcoin - Gartner IT Glossary
An address can be created freely with the use of a wallet and always starts with a 1 or.
Bitcoin is a decentralized digital currency created and held electronically.In order to stay compatible with each other, all users need to use software complying with the same rules.
Simple definition of bitcoin - Ethereum World News
If you are seeking a binding definition for future transfer, you can always include the bitcoin core source.Bitcoin faucets, places where bitcoins are given away for free, have been a part of spreading Bitcoin since the earliest days.Bitcoin is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.Bitcoin was the first practical implementation and is currently the most prominent triple entry bookkeeping system in existence.Bitcoin Dictionary Definitions of all Bitcoin-related terms View on GitHub Download.zip Download.tar.gz Bitcoin Dictionary.
A virtual currency in a physical world Bitcoin consultant James Hewson, from Barry, said the idea of installing the first Welsh Bitcoin ATM came to him after a friend installed one in Bristol six months ago.
English dictionary definition of Bitcoin miner. n 1. a system of open source peer-to-peer software for the creation and exchange of a.It is a consensus network that enables a new payment system and a completely digital money.Dictionary Thesaurus Medical Dictionary Legal Dictionary Financial Dictionary Acronyms Idioms Encyclopedia Wikipedia Encyclopedia.
What is the abbreviation for Bitcoin?
It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.
The Definition of Bitcoin - EzineArticles
A regulatory and economic perplexity: Bitcoin needs just a bit of regulation But bitcoin is now accepted as payment by a growing number of mainstream merchants and has been increasingly legitimised by governments such as that of the United States, which auctioned off 30,000 bitcoins in June.The definition of bitcoin is a publicly-owned, digital form of currency that uses cryptography (information security algorithms) to securely send and receive payments.Bitcoin.org is a community funded project, donations are appreciated and used to improve the website. This definition comes from the technical glossary.That is why we have figured out a sustainable way to give away free bitcoins with sponsors.
Bitcoin (noun) definition and synonyms | Macmillan Dictionary
What Does Bitcoin Mean? - Heavy.com