Bitcoin

Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person

Markets

CPI Report Tuesday Could Provide Next Bitcoin Catalyst

The U.S. government tomorrow will report on October inflation data.

By Stephen AlpherNov 13, 2023

The April inflation report was released Wednesday morning (JLGutierrez/Getty Images)

Tech

Bitcoin Researcher Behind 'BitVM' Ignites Fresh Buzz With New Paper on File Hosting

The proposal by Robin Linus, a core contributor to ZeroSync, a developer of zero-knowledge proofs for use on the Bitcoin blockchain, sets out how an open market for content hosting could be created by "an atomic swap of coins for files."

By Jamie CrawleyNov 13, 2023