About Bitcoin

Bitcoin is the first of many digital currencies that utilise blockchain technology.

First described by Satoshi Nakamoto in his whitepaper “A Peer-to-Peer Electronic Cash System” in 2008, Bitcoin allows the transfer of digital value among participants who do not know one another without the assistance of a central intermediary.

Useful resources to understand more about Bitcoin and Bitcoin mining include:

What is Bitcoin?
[1.43 minutes]

Andreas Antonopoulus
author of “The Internet of Money”
[37.16 minutes]

How Bitcoin Works Under the Hood
[22.24 minutes]

© Australian Digital Commerce Association 2017

ADCA