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  2. Bitcoin - Wikipedia

    en.wikipedia.org/wiki/Bitcoin

    The Economist describes bitcoin as "a techno-anarchist project to create an online version of cash, a way for people to transact without the possibility of interference from malicious governments or banks". [ 97 ] These philosophical ideas initially attracted libertarians and anarchists. [ 98 ]

  3. Cryptocurrency - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency

    By November 2018, bitcoin was estimated to have an annual energy consumption of 45.8TWh, generating 22.0 to 22.9 million tons of CO 2, rivalling nations like Jordan and Sri Lanka. [254] By the end of 2021, bitcoin was estimated to produce 65.4 million tons of CO 2, as much as Greece, [255] and consume between 91 and 177 terawatt-hours annually ...

  4. Bitcoin protocol - Wikipedia

    en.wikipedia.org/wiki/Bitcoin_protocol

    A diagram of a bitcoin transfer. The bitcoin protocol is the set of rules that govern the functioning of bitcoin.Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and ...

  5. What Is the Bitcoin White Paper? - AOL

    www.aol.com/finance/bitcoin-white-paper...

    The Bitcoin white paper is a nine-page paper with 12 sections plus an abstract that details a new kind of digital currency or online payment system. At the time the paper was written, Bitcoin did ...

  6. Blockchain - Wikipedia

    en.wikipedia.org/wiki/Blockchain

    Bitcoin and other cryptocurrencies currently secure their blockchain by requiring new entries to include proof of work. To prolong the blockchain, bitcoin uses Hashcash puzzles. While Hashcash was designed in 1997 by Adam Back , the original idea was first proposed by Cynthia Dwork and Moni Naor and Eli Ponyatovski in their 1992 paper "Pricing ...

  7. History of bitcoin - Wikipedia

    en.wikipedia.org/wiki/History_of_bitcoin

    One of the first supporters, adopters, contributors to bitcoin and receiver of the first bitcoin transaction was programmer Hal Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world's first bitcoin transaction on 12 January 2009 (block 170).

  8. Cryptoeconomics - Wikipedia

    en.wikipedia.org/wiki/Cryptoeconomics

    Cryptoeconomics. Cryptoeconomics is an evolving economic paradigm for a cross-disciplinary approach to the study of digital economies and decentralized finance (DeFi) applications. [ 1 ][ 2 ][ 3 ] Cryptoeconomics integrates concepts and principles from traditional economics, cryptography, computer science, and game theory disciplines. [ 4 ]

  9. Digital currency - Wikipedia

    en.wikipedia.org/wiki/Digital_currency

    Digital currency. Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency.

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