Showing posts with label BTC. Show all posts
Showing posts with label BTC. Show all posts

Tuesday, June 28, 2011

BitNews

If you follow BitTalk at all, then you know today was the convo between Atlas and Bruce Wagner of The Bitcoin Show. This was a total fail of a broadcast. The show was constantly on and off air. The finicky nature made the entire program exceedingly difficult to follow, and to top it all off, the chat was frenzied with complaints. This happened off and on for a halfhour until the difficulties were finally quelled. Learn from those who have fallen before you gentlemen, don't run a live broadcast unless you can handle it. This downtime and chat frenzy was only followed by more complaints about how Atlas' homepage uses a javascript miner forcing visitors to mint Bitcoins for him. Please comment with your thoughts, and in the mean time, enjoy the full episode as well as some other quality Bitcoin vids.



Friday, June 24, 2011

What Is Bitcoin?

Bitcoin is a revolutionary form of digital currency, invented by Satoshi Nakamoto. Bitcoin, or BTC, is genius in it's design, due to it's grass-roots distribution style, as well as it's advanced application of cryptography techniques. This mathematical backing and lack of central control makes the Bitcoin market a very fair playing field, and thus very attractive.
"Governments are good at cutting off the heads of a centrally
controlled networks like Napster, but pure P2P networks
like Gnutella and Tor seem to be holding their own.."
--Satoshi Nakamoto
Bitcoin is the future.