Video source: bitcoin.org What is a Bitcoin? Interested in new technology, I came across the Bitcoin topic some time ago. Bitcoins are a decentralized peer-to-peer (transferred from person to person) digital currency which means there is no central authority like banks or governments behind the currency and the transaction process is done by a network of private computers. The users of these computers, the “miners” get recompensed with transaction fees and newly created Bitcoins. But the systems of all the worldwide Bitcoin miners have to solve a complex math problem first and the algorithm leads over time to the case … Continue reading Bitcoin, the Decentralized peer-to-peer Digital Currency