Bitcoin: A Peer-to-Peer Electronic Cash System

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Bitcoin Cash: Peer-to-Peer Electronic Cash (BCH)

Bitcoin Cash (BCH) brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoin holders as of block 478558 are now owners of Bitcoin Cash. All Bitcoiners are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.
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Make Money Trading Bitcoin Peer-to-Peer

Make Money Trading Bitcoin Peer-to-Peer submitted by Gingerbreadfork to LocalCoinSwap [link] [comments]

[ CryptoCurrency ] India’s crypto trade volumes have soared since the Supreme Court lifted banking restrictions in March, with bitcoin peer-to-peer trade volume reaching an all-time high of $13.7 million in July.

[ 🔴 DELETED 🔴 ] Topic originally posted in CryptoCurrency by iamthakurabhishek [link]
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submitted by anticensor_bot to u/anticensor_bot [link] [comments]

India’s crypto trade volumes have soared since the Supreme Court lifted banking restrictions in March, with bitcoin peer-to-peer trade volume reaching an all-time high of $13.7 million in July.

India’s crypto trade volumes have soared since the Supreme Court lifted banking restrictions in March, with bitcoin peer-to-peer trade volume reaching an all-time high of $13.7 million in July. submitted by scgco to GGCrypto [link] [comments]

India’s crypto trade volumes have soared since the Supreme Court lifted banking restrictions in March, with bitcoin peer-to-peer trade volume reaching an all-time high of $13.7 million in July. (x-post from /r/cryptocurrency)

India’s crypto trade volumes have soared since the Supreme Court lifted banking restrictions in March, with bitcoin peer-to-peer trade volume reaching an all-time high of $13.7 million in July. (x-post from /cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

India’s crypto trade volumes have soared since the Supreme Court lifted banking restrictions in March, with bitcoin peer-to-peer trade volume reaching an all-time high of $13.7 million in July. (x-post from /r/Bitcoin)

India’s crypto trade volumes have soared since the Supreme Court lifted banking restrictions in March, with bitcoin peer-to-peer trade volume reaching an all-time high of $13.7 million in July. (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

BitQ&A: How to broadcast a transaction to the Bitcoin Peer-to-peer network?

submitted by slashrsm to bitcoinsv [link] [comments]

BitQ&A: How to broadcast a transaction to the Bitcoin Peer-to-peer network?

submitted by slashrsm to bitcoincashSV [link] [comments]

How Bitcoin's Peer-to-Peer Cash System Was Revealed 11 Years Ago

How Bitcoin's Peer-to-Peer Cash System Was Revealed 11 Years Ago submitted by JonyRotten to btc [link] [comments]

You mean, Bitcoin (Peer-to-Peer) Cash?

The opensource project known as, Bitcoin (Peer-to-Peer) Cash goes by the ticker BCH, as opposed to Bitcoin Core, who had their GitHub Repo hijacked with the help of Adam Back and Greg Maxwell's company Blockstream.
submitted by FuckShitCuntFaggot to btc [link] [comments]

How Bitcoin's Peer-to-Peer Cash System Was Revealed 11 Years Ago

How Bitcoin's Peer-to-Peer Cash System Was Revealed 11 Years Ago submitted by koinsbook to CryptoCurrencyTrading [link] [comments]

What Makes Bitcoin Peer-to-Peer? (Essay)

Core developers and many in the "blockchain" space try to say P2P means everyone needs to run a node in the network. It should be noted first of all that P2P is used in only two senses in the Bitcoin whitepaper:
1) The Bitcoin network. The whitepaper is very clear that the Bitcoin network is a mining network:
We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work...
If you don't hash transactions into blocks (i.e., mine), you are not part of the network. You are not a node. You are a Sybil attack on the mining network because miners cannot tell you are not mining except after a long time when you turn out to never produce any blocks of your own. As miners benefit greatly from being tightly interconnected, they expend some effort connecting to you until they figure out you aren't a real node. Increasing the number of these fake nodes as Core wants to do is the very definition of a Sybil attack.
What Core, Ethereum and most others call "decentralizing the network" is actually Sybil-attacking the network. Let that sink in.
2) As the very first sentence of the whitepaper indicates, Bitcoin is also P2P in the basic sense that "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." In other words there is no central clearinghouse standing ready to block or impose unilateral fees on your transactions.
This requirement is met by two facts: 1. that miners compete with one another so they cannot unilaterally block transactions or impose fees above the market rate, and 2. that you and you alone control your private keys. Unlike the Core idea that decentralization arises through having many redundant altruistic "nodes," it actually arises from a free market of miners (actual nodes) playing a fiercely competitive game called Nakamoto consensus. It is decentralized into a system where users can all transact as perrs, but this is effected not by charity but by greed.
Running fake nodes (hashless software) has nothing to do with what makes Bitcoin peer to peer!
This is true not only as a matter of design but as a matter of practicality, since hashless software creates no blocks and even with help from minority hashpower these fake nodes are powerless to stop majority miners from ensuring all the blocks in the minority chain are empty (or worse), if the majority hashpower owners are so inclined. Short of a PoW algorithm change, that is.
By both intent and by necessary consequence of Bitcoin's construction, its rules are determined and enforced not by democracy or community sentiment as such but by investment, particularly investment in hashpower, and this investment enjoys greatly amplified voting ability if it is willing to accept short-term losses for a long-term goal.
In summary, users are peers with each other because there is no central privileged "boss" who can censor their transactions, and decentralized property arises from the inherently competitive nature of the mining game that is itself peer to peer. In all cases there is no trusted party and the rules are refined and solidified, ensuring sound money for the users, by the dynamic wherein one's voting power is purely a function of one's level of investment times degree of long-term orientation.
Bitcoin is P2P e-cash for its users because the network is built of relentless P2P competition, and it will be secure and intelligently maintained in perpetuity because the long-term oriented have a leg up.
submitted by ForkiusMaximus to btc [link] [comments]

Bitcoin peer-to-peer trading is on the rise says new report

Bitcoin peer-to-peer trading is on the rise says new report submitted by erezson to Bitcoin [link] [comments]

The Two Different Bitcoin Peer-to-Peer Networks

submitted by thacypha to bitcoincashSV [link] [comments]

Bitcoin peer-to-peer trading is on the rise says new report | Yahoo Finance

Bitcoin peer-to-peer trading is on the rise says new report | Yahoo Finance submitted by Martha_Paxful to paxful [link] [comments]

Bitcoin peer-to-peer trading is on the rise says new report

Bitcoin peer-to-peer trading is on the rise says new report submitted by leftok to atbitcoin [link] [comments]

Do you want to use Bitcoin through some permissioned side-chain controlled by a corporation or do you want to use Bitcoin peer-to-peer on-chain? That is the choice. Core supports a corporate takeover. BitcoinCash, BitcoinABC, BitcoinUnlimited and other on-chain versions support regular users.

The choice is pretty clear.
submitted by Annapurna317 to btc [link] [comments]

The first bitcoin peer-to-peer anti-casino with true odds is live now.

Dear community, we have prepared something special for you. We have created a fair game zone for people to come together and experience social gambling face-to-face and with true odds. That is why there is no house edge or rake in https://SocialBet.io
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submitted by socialbet-io to BitcoinGambling [link] [comments]

Bitcoin peer-to-peer exchange Paxful sees 70 percent surge in bank transfers

Bitcoin peer-to-peer exchange Paxful sees 70 percent surge in bank transfers submitted by bitnewsbot to bitnewsbot [link] [comments]

Bitcoin peer-to-peer usability can be improved easily

Bitcoin needs to move into all aspects of consumer currency use in order for max adoption. I've been trying to target one market specifically recently: the peer-to-peer model that venmo, cash-app, etc are using. When I split a check with friends, I want us to send money between each other easily using Bitcoin, not fiat.
The missing piece to the puzzle that I'm working on? Aliases. Bitcoin addresses change over time (if you are concerned with best privacy/security practices). They are also hard to share amongst friends. We need an alias protocol so that is easy to use, easy to integrate (so more wallets and services will support it), and is flexible to cover most all use-cases.

An alias looks like an email address with the "@" symbol replaced with a "$" (to avoid confusion between emails and aliases)

The protocol is here: https://github.com/opencap/protocol
A working server implementation where you can snatch up an alias is here https://ogdolo.com

There is a Pull Request (code ready to be added) to the electrum wallet that can support sending to an OpenCAP address. The code is there, it is just awaiting approval: https://github.com/spesmilo/electrum/pull/4779

If this is a feature that you like reach out to your favorite wallets and let them know that its easy to integrate!
submitted by kvothe1956 to Bitcoin [link] [comments]

Paxful Buy and sell Bitcoin Peer to Peer | Paxful Buy and Sell Bitcoin Instantly. Paxful is a Peer to Peer Bitcoin marketplace connecting buyers with sellers. Simply select your preferred payment method

Paxful Buy and sell Bitcoin Peer to Peer | Paxful Buy and Sell Bitcoin Instantly. Paxful is a Peer to Peer Bitcoin marketplace connecting buyers with sellers. Simply select your preferred payment method submitted by BitcoinGlobeVip to u/BitcoinGlobeVip [link] [comments]

Bitcoin peer-to-peer trading is on the rise says new report

Bitcoin peer-to-peer trading is on the rise says new report submitted by bitnewsbot to bitnewsbot [link] [comments]

Bitcoin peer-to-peer trading is on the rise says new report

Bitcoin peer-to-peer trading is on the rise says new report submitted by euphemized to Bitcoin [link] [comments]

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Alle Bitcoin-Nutzer sind demnach untereinander zu einem organisierten Kollektiv zusammengeschlossen, das nicht abschaltbar ist. Jeder Peer baut mehrere Verbindungen zu anderen Peers auf, deshalb P2P. Das dezentrale Netzwerk entsteht in einem Peer-to-Peer-Netzwerk dadurch, dass Informationen an alle „Peer-Nachbarn“ weitergeleitet werden. November 2008 ein Whitepaper mit dem schlichten Titel "Bitcoin: A Peer-to-Peer Electronic Cash System" veröffentlicht. Auf gerade mal 8 Seiten beschreibt Satoshi Nakamoto in diesem Whitepaper die technische Grundlage für Bitcoin, Kryptowährungen und die Blockchain-Technologie. Das Whitepaper gilt zurecht als Gründungsdokument der virtuellen Währungen. Es verbindet mehrere kryptographische ... Ratgeber: Diese Steuern fallen bei Kryptowährungen an - wie Sie EOS, Ripple, NEO und Bitcoin steuerlich geltend machen, Tipps zur Bitcoin-Steuererklärung. Bitcoin.org is a community funded project, donations are appreciated and used to improve the website. ... Bitcoin: A Peer-to-Peer Electronic Cash System. The paper that first introduced Bitcoin. Satoshi Nakamoto's original paper is still recommended reading for anyone studying how Bitcoin works. Choose which translation of the paper you want to read: English (Original) Bahasa Indonesia ... Bitcoin: Ein elektronisches Peer­to­Peer­Bezahlsystem Satoshi Nakamoto [email protected] www.bitcoin.org übersetzt durch Bitcoin.de Überblick. Eine reine Peer-to-Peer-Version eines elektronischen Zahlungsverfahrens würde es ermöglichen, dass Online-Zahlungen von einer Partei direkt an eine andere gesendet werden, ohne über ein Finanzinstitut zu gehen. Digitale Signaturen bilden einen ...

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