Bitcoin News: Bitcoin (BTC) is the first ever cryptocurrency, developed and released by an unknown programmer or programmers named Satoshi Nakamoto. The Bitcoin whitepaper introduced the concept of cryptocurrencies to the world in 2008 and since then a digital currency revolution has started. That’s why Bitcoin news became so important. Cryptocurrencies are peer-to-peer and open-source digital currencies or tokens that use blockchain technology or other distributed ledger technology, thus eliminating third party involvement. The Bitcoin whitepaper introduced the concept of blockchain technology and added a Proof-of-Work (PoW) consensus protocol for increased security.
Bitcoin has proven many times that it’s the most valuable cryptocurrency from the whole digital currency economy. Bitcoin gradually became the digital gold for the whole economy, acting as a store of value in Bear markets. The maximum Bitcoins that will be mined is 21 million BTC and in time the digital currency will become scarce, increasing in value with time. Scalability is the biggest problem that Bitcoin is facing, but with the introduction of more and more technology improvements, only time will show the true potential of Bitcoin.
Bitcoin’s creator Satoshi Nakamoto’s identity has always been the biggest mystery around cryptocurrencies. Another Bitcoin Secret is about to be revealed
Korea has experience with cyber attacks on it’s crypto platforms. Despite the rough two weeks, support for cryptocurrencies remains strong.
The ownership some players feel after the hours and or money they have spent in online games is a delicate question. Blockchain provides an easy answer.
Attacks on cryptocurrencies are increasing. The hit on the South Korean Crypto exchange was the second in a little over a week and a half.
Seminole County Tax Collector’s office in Florida is the very first US Government Agency to accept Bitcoin as a form of payment for services. . This is a huge step in the adoption of cryptocurrency