Bitcoins – Another Key Component in the Ariel System

In case you’ve never heard of them, Bitcoins are a decentralized digital currency based on peer-to-peer Internet connections. The Bitcoin system relies heavily on cryptography and has a nifty feature where the transaction log is stored by everyone so that transactions can be verified by a safety-in-numbers approach. Also, it takes computational “work” to update [...]
 •  0 comments  •  flag
Share on Twitter
Published on April 11, 2013 11:15
No comments have been added yet.