28 Aug '13, 10pm

Virtual currency: Following the Bitcoin trail | The Economist

A bit of review, first. Unlike other currencies, Bitcoin is not based on sovereign fiat or piles of metal. Rather, it relies on a cryptographic process that requires ever-increasing amounts of computational power to produce new units of the currency. The entire thing is based on public-key cryptography, in which a combination of a freely-available “public key” and a secret “private key” allow each owner to keep his funds secure while enabling payments that are irreversible. In the parlance, new bitcoins are “mined” by individuals and consortiums that use computers to rifle through an enormous mathematical space looking for numbers that fit the algorithm’s requirements. The researchers bought some Bitcoins and then went on a spending spree. They bought and sold items, participated in mining pools, deposited and withdrew money from exchanges, stored Bitcoins in wallet servic...

Full article: http://www.economist.com/blogs/babbage/2013/08/virtual-cu...

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Following the Bitcoin trail

economist.com 28 Aug '13, 10pm

A bit of review, first. Unlike other currencies, Bitcoin is not based on sovereign fiat or piles of metal. Rather, it reli...

#Bitcoin

economist.com 28 Aug '13, 9pm

A bit of review, first. Unlike other currencies, Bitcoin is not based on sovereign fiat or piles of metal. Rather, it reli...

A paper due to be presented next month argues that #Bitcoin may not be quite as private as had been assumed

A paper due to be presented next month argues t...

economist.com 29 Aug '13, 11pm

ONE of the advantages of Bitcoin—a cryptographic currency popular on the internet—is its anonymity. That means that, altho...

RoboCoin’s Bitcoin ATM lets you buy Bitcoin with cash, makes virtual currency ‘grandma friendly’

RoboCoin’s Bitcoin ATM lets you buy Bitcoin wit...

venturebeat.com 27 Aug '13, 11pm

RoboCoin is a full ATM with optional biometric security that store owners, technology conferences, and financial service c...

U.S. regulators, Bitcoin group to discuss digit...

reuters.com 26 Aug '13, 5pm

WASHINGTON | Mon Aug 26, 2013 1:50pm EDT WASHINGTON (Reuters) - U.S. regulators and law enforcement agencies are expected ...

U.S. regulators, Bitcoin group to discuss digit...

reuters.com 26 Aug '13, 5pm

WASHINGTON | Mon Aug 26, 2013 1:50pm EDT WASHINGTON (Reuters) - U.S. regulators and law enforcement agencies are expected ...

U.S. regulators, Bitcoin group to discuss digit...

reuters.com 26 Aug '13, 5pm

WASHINGTON | Mon Aug 26, 2013 1:50pm EDT WASHINGTON (Reuters) - U.S. regulators and law enforcement agencies are expected ...

U.S. regulators, Bitcoin group to discuss digit...

news.yahoo.com 26 Aug '13, 5pm

WASHINGTON (Reuters) - U.S. regulators and law enforcement agencies are expected to meet on Monday with an advocacy group ...

Is Bitcoin a currency? One Switch reader says n...

washingtonpost.com 01 Sep '13, 3pm

Internet comments are often somewhat Hobbesian: nasty, brutish and short. So every week we make a point of highlighting so...

U.S. regulators, Bitcoin group to discuss digit...

foxbusiness.com 26 Aug '13, 5pm

WASHINGTON – U.S. regulators and law enforcement agencies are expected to meet on Monday with an advocacy group for Bitcoi...

Bitcoin Foundation to meet with Dept. of Homeland Security, the FBI, the Federal Reserve, and the IRS

Bitcoin Foundation to meet with Dept. of Homela...

cir.ca 26 Aug '13, 4pm

1 Source: www.flickr.com The Bitcoin Foundation, an organization that seeks to promote the digital currency, is scheduled ...

New theoretical attack on Bitcoin. #bitcoin

reddit.com 31 Aug '13, 2pm

This hypothetical scenario is inspired by http://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_fut...

Virtual dirty money - why the feds are circling around bitcoin

Virtual dirty money - why the feds are circling...

coindesk.com 22 Aug '13, 12pm

Very recently, it has become painfully clear that the US government wants a lot more information on decentralized virtual ...

Bitcoin wins over Germany amid US digital curre...

youtube.com 24 Aug '13, 11am

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Bitcoin wins over Germany amid US ...