BitCoin Information ( BTC )

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Currency Name: BitCoin
Currency Code: BTC
Algorithm: SHA-256
Difficulty: 47427554950.64800000
Network Hashrate: 313.57Ebps
USD Value: $262.5200000000 each (Estimated)

BitCoin Description

 

Buy your Bitccoin for USD on the worlds premier Bitcoin Exchange.

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. 

You can follow the latest Bitcoin news with bitcoinfeeds.com either on the web or on your Android mobile device.

 

BitCoin Specifications

  • Bitcoins can be transferred between arbitrary nodes on the network.
  • Transactions are irreversible.
  • Double spending is prevented by using a block chain.
  • Transactions are broadcast within seconds and verified within 10 to 60 minutes.
  • Transaction processing and money issuance are carried out collectively through mining.
  • Transactions can be received at any time, regardless of whether your computer is turned on or off.


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