Harney, Alexandra; Stecklow, Steve (16 November 2017). A b c d e f g h i j k l m n o p Andreas. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. 154 In 2011, the value of one bitcoin rapidly rose from about US0.30 to US32 before returning to US2.
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5 83 The PoW requires miners to find a number called a nonce, such that when the block content is hashed along with the nonce, the result is numerically smaller than the network's difficulty target. Archived from the original on Retrieved tross, Charles (2013). Prices remained low until late 2016. Retrieved 29 December 2017. Bitcoin uses public-key cryptography, in which two cryptographic keys, one public and one private, are generated. 144 Forbes named bitcoin the best investment of 2013. Retrieved 23 December 2013.
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