Apple making plans towards accepting cryptocurrency?
Apple is looking for lead negotiators to find a deal to bring aboard “alternative payment” partners, according to a job ...
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Tag: bitcoin
Bitcoin is a decentralized digital currency that may be sent from one user to another on the peer-to-peer bitcoin network without the use of middlemen. It does not have a central bank or a single administrator. Network nodes use cryptography to verify transactions, which are then stored in a blockchain, which is a public distributed ledger.
Satoshi Nakamoto, a pseudonym for an unknown individual or group of persons, created the cryptocurrency in 2008. When the currency’s implementation was released as open-source software in 2009, it went into usage.
Bitcoins are created as a result of the mining process. Although the coins can be exchanged for other currencies, products, and services, their real-world value is extremely volatile. According to University of Cambridge research, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet in 2017, with the majority of them using bitcoin.