What is bitcoin ?
- TIMOTHY B. LEE - VOX
- 7 nov. 2015
- 1 min de lecture
What is Bitcoin?
Bitcoin is a new kind of global payment network. Like MasterCard or PayPal, it allows money to be transmitted electronically. But Bitcoin is different from these conventional payment networks in two important ways.
First, the Bitcoin network is fully decentralized. The MasterCard network is owned and operated by MasterCard Inc. But there is no Bitcoin Inc. Instead, thousands of computers around the world process Bitcoin transactions in a peer-to-peer fashion.
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