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    What are "Bitcoins"?

    Question #127839. Asked by houston1127. (Nov 16 12 10:54 PM)


    nautilator

    		A completely digital 'money' which is created by a program that runs on computers that generates hash strings.

    http://bitcoin.org
    http://en.wikipedia.org/wiki/Bitcoin

    Nov 16 12, 11:19 PM
    houston1127

    		"Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitcoin is also the name of the open source software which enables the use of this currency." From http//bitcoin.org

    Nov 16 12, 11:40 PM

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