Bitcoin Basics

Category: What is Bitcoin?

Jun 27

“The proof-of-work chain forms the block chain, but also a time chain, because the work done is cumulative and the transactions timestamped.”— Satoshi Nakamoto
May 28

“Bitcoin is a bank in cyberspace, run by incorruptible software, offering a global, affordable, simple, & secure savings account to billions of people that don’t have the option or desire to run their own hedge fund.”— Michael Saylor