
First appeared on 31 October 2008, Bitcoin is an innovative payment network and a new kind of money, an open source P2P money.
Developered by Satoshi Nakamoto and Martti Malmi, Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.
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