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1. The bitcoin network is a peer-to-peer payment network that operates on a cryptographic protocol.
2. Users send and receive bitcoins, the units of currency, by broadcasting digitally signed messages to the network using bitcoin #cryptocurrency#wallet software. 
3. Transactions are recorded into a distributed, replicated public database known as the #blockchain, with consensus achieved by a proof-of-work system called "#mining".
4. The protocol was designed in 2008 and released in 2009 as open source software by Satoshi Nakamoto, the name or pseudonym of the original developer/developer group. 
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AuthorMawdud Choudhury - Investor and Entrepreneur ArchivesTopicsAll  RSS Feed
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