The finite number of bitcoins is an issue. On one hand it makes them more valuable, but on the other it means that many businesses have less incentive to open themselves to trading so it will always be a niche market. The volatile pricing of coins makes them almost worthless to businesses too...
Briefly, this is a new generation of decentralized digital currency, created and operating only on the Internet. Any electronic payment system should store transactions somewhere. In Bitcoin, all information is stored in a chain of blocks. The blocks are transmitted in JSON format. Each block...
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