{"product_id":"bitcoin-an-introduction-to-the-worlds-leading-cryptocurrency-2021-9789083134543","title":"Bitcoin: An introduction to the world's leading cryptocurrency - 2021","description":"\u003cp\u003e • Author(s): United Library\u003cbr\u003e • Publisher: United Library\u003cbr\u003e • Publisher Imprint: United Library\u003cbr\u003e • BISAC: Bitcoin \u0026amp; Cryptocurrencies\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eBitcoin \u003c\/strong\u003eis the world's leading cryptocurrency based on a decentrally organized booking system. Payments are legitimized cryptographically and processed via a network of computers with equal rights (\u003cem\u003epeer-to-peer\u003c\/em\u003e). Unlike the traditional banking system, no central clearing of money movements is necessary. Proofs of ownership of Bitcoin are stored in personal digital wallets. The exchange rate of a Bitcoin to legal tender follows the principle of pricing on the stock exchange.\u003c\/p\u003e\u003cp\u003eThe Bitcoin payment system was invented by \u003cem\u003eSatoshi Nakamoto, \u003c\/em\u003eappearing under a pseudonym, according to \u003cem\u003eNakamoto in \u003c\/em\u003e2007, who described it in a publication in November 2008 and released open-source reference software for it in January 2009. The Bitcoin network is based on a decentralized database shared by participants, the blockchain, in which all transactions are recorded. Cryptographic techniques are used to ensure that valid transactions with Bitcoins can only be made by the respective owner and that monetary units cannot be issued more than once.\u003c\/p\u003e\u003cp\u003e\u003cem\u003eNew Bitcoin units are created by solving cryptographic tasks called mining.\u003c\/em\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eThis is the descriptive, concise short introduction to Bitcoin.\u003c\/strong\u003e\u003c\/p\u003e","brand":"United Library","offers":[{"title":"Paperback","offer_id":45155705192599,"sku":"9789083134543","price":861.0,"currency_code":"INR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9789083134543.webp?v=1767662477","url":"https:\/\/atlanticbooks.com\/products\/bitcoin-an-introduction-to-the-worlds-leading-cryptocurrency-2021-9789083134543","provider":"Atlantic Books","version":"1.0","type":"link"}