With the Bitcoin exchange rate going skyhigh (1 XBT = € 2232 at 4/7/17) one could easily forget about the underlying technology: the blockchain. The Bitcoin blockchain technology can be regarded as a distributed ledger system in which the transactions are permanently time-stamped and stored on many computers simultaneously and made secure by cryptographic means. […] Read more »
Bitcoin: Boom, Bust or The Beginning?
Let’s be honest: do you really know how Bitcoin works? What it is exactly? Probably not. 99.9% of the people do not really know how this new currency works. But then, should we? The money we know, the Euro, dollar or other currencies, derives its value from government regulation or law; it is called fiat […] Read more »