enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Bitcoin - Wikipedia

    en.wikipedia.org/wiki/Bitcoin

    Wallets. Bitcoin wallets were the first cryptocurrency wallets, enabling users to store the information necessary to transact bitcoins. [87][8]: ch. 1, glossary The first wallet program, simply named Bitcoin, and sometimes referred to as the Satoshi client, was released in 2009 by Nakamoto as open-source software. [7]

  3. Bitcoin price history: 2009 to 2024 - AOL

    www.aol.com/finance/bitcoin-price-history-2009...

    The price of $7,000 was breached on Nov. 2, and then Bitcoin spent the rest of the year melting up: A couple of weeks later Bitcoin passed $8,000, then $10,000, surging to $13,000 days later ...

  4. Metcalfe's law - Wikipedia

    en.wikipedia.org/wiki/Metcalfe's_law

    Metcalfe's law. Two telephones can make only one connection, five can make 10 connections, and twelve can make 66 connections. Metcalfe's law states that the financial value or influence of a telecommunications network is proportional to the square of the number of connected users of the system (n 2). The law is named after Robert Metcalfe and ...

  5. History of bitcoin - Wikipedia

    en.wikipedia.org/wiki/History_of_bitcoin

    History of bitcoin. Bitcoin is a cryptocurrency, a digital asset that uses cryptography to control its creation and management rather than relying on central authorities. [1] Originally designed as a medium of exchange, Bitcoin is now primarily regarded as a store of value.

  6. Satoshi Nakamoto - Wikipedia

    en.wikipedia.org/wiki/Satoshi_Nakamoto

    Satoshi Nakamoto is the name used by the presumed pseudonymous [1][2][3][4] person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. [5] As part of the implementation, Nakamoto also devised the first blockchain database. [6]

  7. List of cryptocurrencies - Wikipedia

    en.wikipedia.org/wiki/List_of_cryptocurrencies

    A bitcoin -based currency featuring instant transactions, decentralized governance and budgeting, and private transactions. China based cryptocurrency, formerly ANT Shares and ANT Coins. The names were changed in 2017 to NEO and GAS. The underlying software is derived from that of another cryptocurrency, ZetaCoin.

  8. Cryptocurrency - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency

    The current value, not the long-term value, of the cryptocurrency supports the reward scheme to incentivize miners to engage in costly mining activities. [92] In 2018, bitcoin's design caused a 1.4% welfare loss compared to an efficient cash system, while a cash system with 2% money growth has a minor 0.003% welfare cost.

  9. Economics of bitcoin - Wikipedia

    en.wikipedia.org/wiki/Economics_of_bitcoin

    Economics of bitcoin. For broader coverage of this topic, see Bitcoin and Cryptocurrency. Bitcoin was designed by its pseudonymous inventor, Satoshi Nakamoto, to work as a currency, but its status as a currency is disputed. [1] Economists define money as a store of value, a medium of exchange and a unit of account, and agree that bitcoin does ...