Arguably, the most interesting feature of the Bitcoin system is the way in which Bitcoin payments are processed. To make it clear why payments must be processed at all and how Bitcoin processes payments differently, I’ll look at processing payments with cash and banks before turning to bitcoin. Think about a cash transaction. Cash transactions […]
You may have heard a news report or two about Bitcoin. Your friends might have mentioned it in passing at the latest cocktail (read: frat) party, and you may even know someone who has invested in it. But what exactly is Bitcoin? And why is it important? In this program, you will learn the basics […]