Friday, December 7, 2012

introduction to bitcoins the new age of banking

the new buzzword in the geeks world are bit coins , bitcoins are the official currency of the geeks!!! and the nightmare of the banking industry. a bitcoin is a p2p open source digital currency which was invented by a mysterious Japanese mathematician . the currency is created by a network of computers connected with peer to peer connection like emule e.g. and that are all solving an encryption. each successful attempt will make a computer win a fixed amount of bitcoins.