The Future of Money is Digital – Part 2

The Future of Money is Digital – Part 2
by Sam Beal on 02-23-2014 at 11:30 am

BitCoin Algorithm
Invented by a mystery person/group with the alias “Satoshi Nakamoto”. [You can read a consolidation of the paper here]. The essential elements are:

· Peer to Peer Network with self-validation
· Exponentially increasing compute cost
· Finite supply with exponential conversion
· Hidden in plain… Read More