‘Bitcoin: How the Internet Created Its Own Currency’ – ‘Mashable’

The latest post on ‘Mashable’ is titled “Bitcoin: How the Internet Created Its Own Currency”.

Christina Warren says, “Bitcoin is a peer-to-peer decentralized digital currency. It differs from traditional, government-backed currencies in that there is no central issuer, and there are no middlemen involved for various transactions.

Back in 1998, the concept of crypto-currency was described by Wei Dai on a cypherpunks mailing list. Crypto-currency is an electronic currency that relies on cryptography to regulate functions such as value and counterfeit protection. Bitcoin is the first implementation of that idea”.

Bitcoin: How the Internet Created Its Own Currency

Mashable.com