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  1. en.wikipedia.org › wiki › BitcoinBitcoin - Wikipedia

    Bitcoin (abbreviation: BTC; sign: ) is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that guarantees the ...

  2. A logo for Bitcoin, the first decentralized cryptocurrency The genesis block of Bitcoin's blockchain, with a note containing The Times newspaper headline. This note has been interpreted as a comment on the instability caused by fractional-reserve banking.[1]: 18 A cryptocurrency, crypto-currency, or crypto [a] is a digital currency designed to work as a medium of exchange through a computer ...

    • Transactions
    • Security
    • Payment Verification
    • Data in The Blockchain
    • Alleged Criminal Activity
    • See Also

    A bitcoin is defined by a sequence of digitally signed transactions that began with the bitcoin's creation, as a block reward. The owner of a bitcoin transfers it by digitally signing it over to the next owner using a bitcoin transaction, much like endorsing a traditional bank check. A payee can examine each previous transaction to verify the chain...

    Various potential attacks on the bitcoin network and its use as a payment system, real or theoretical, have been considered. The bitcoin protocol includes several features that protect it against some of those attacks, such as unauthorized spending, double spending, forging bitcoins, and tampering with the blockchain. Other attacks, such as theft o...

    Each miner can choose which transactions are included in or exempted from a block.A greater number of transactions in a block does not equate to greater computational power required to solve that block. Upon receiving a new transaction a node must validate it: in particular, verify that none of the transaction's inputs have been previously spent. T...

    While it is possible to store any digital file in the blockchain, the larger the transaction size, the larger any associated fees become. Various items have been embedded, including URLs to websites, an ASCII art image of Ben Bernanke, material from the Wikileaks cables, prayers from bitcoin miners, and the original bitcoin whitepaper.

    The use of bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, law enforcement, and the media. The FBI prepared an intelligence assessment, the SEC has issued a pointed warning about investment schemes using virtual currencies,and the U.S. Senate held a hearing on virtual currencies in November 2013. Severa...

  3. en.wikipedia.org › wiki › TaiwanTaiwan - Wikipedia

    Taiwan, [II] [j] officially the Republic of China (ROC), [I] [k] is a country [27] in East Asia. [n] The main island of Taiwan, also known as Formosa, lies between the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south.

  4. Satoshi Nakamoto is the name used by the presumed pseudonymous [1][2][3][4] person or persons who developed Bitcoin, authored the Bitcoin white paper, and created and deployed Bitcoin's original reference implementation. [5] As part of the implementation, Nakamoto also devised the first blockchain database. [6]

  5. en.wikipedia.org › wiki › BlockchainBlockchain - Wikipedia

    A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. [1][2][3][4] Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves).

  6. The Hobbit is a series of three fantasy adventure films directed by Peter Jackson. The films are subtitled An Unexpected Journey (2012), The Desolation of Smaug (2013), and The Battle of the Five Armies (2014). [5] .

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