Archive for October 29th, 2012

Bitcoin Foundation Aims to Standardize and Protect Digital Currency

First released in 2009, Bitcoins are a decentralized peer-to-peer digital currency. They are not issued by a central bank, like most other currencies, nor are transactions routed through a central processor. Instead, payments are routed through a global network of encrypted communications which makes sure that Bitcoins are not being created out of thin air. Decentralization has...
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