"Blockchain" and "distributed ledger technology". Many of us confuse these two terms and use them interchangeably. …
Bitcoin is a consensus network that makes possible a new payment system and a fully digital currency. …
Bitcoin has the mathematical characteristics of money (durability, portability, interchangeability, scarcity, separability and identifiability), but it does not rely on physical characteristics (such as gold and silver) or the trust of the central authority (such as fiat currency).…