Bitcoin.it Website Review


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Traffic and Value

Is bitcoin.it legit?
Website Value $24437
Alexa Rank 38232
Monthly Visits 271520
Daily Visits 9051
Monthly Earnings $1357.6
Daily Earnings $45.25
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Bitcoin.it Server Location

Country: United States
Metropolitan Area: Not defined
Postal Reference Code: Not defined
Latitude: 37.751
Longitude: -97.822




Summarized Content

client software, derived or from scratch, also use open source licensing. on the cypherpunks mailing list. Building upon the notion that money is any object, or any sort of record, accepted as payment for goods and services and repayment of debts in a given country or socio-economic context, Bitcoin is designed around the idea of using cryptography to control the creation and transfer of money, rather than relying on central authorities. Bitcoins have all the desirable properties of a money-like good. They are portable, durable, divisible, recognizable, fungible, scarce and Bitcoin is P2P electronic cash that is valuable over legacy systems because of the monetary autonomy it brings to its users. Bitcoin seeks to address the root problem with conventional currency: all the trust that's required to make it work -- Not that justified trust is a bad thing, but trust makes systems brittle, opaque, and costly to operate. Trust failures result in systemic collapses, trust curation creates inequality and monopoly lock-in, and naturally arising trust choke-points can be abused to deny access to due process. Through the use of cryptographic proof, decentralized networks and open source software Bitcoin minimizes and replaces these trust costs. A. Bitcoin is a peer-to-peer currency. Peer-to-peer means that no central authority issues new money or tracks transactions. These tasks to another with each user potentially having many, many addresses. Each payment transaction is broadcast to the network and included in the blockchain so that the included bitcoins cannot be spent twice. After an hour or two, each transaction is locked in time by the mas*ive amount of processing power that continues to extend the blockchain. Using these techniques, Bitcoin provides a fast and


Bitcoin Main Page Content

HTML Tag Content Informative?
Title: Bitcoin Could be improved
Description: Not set Empty
H1: Main PageIs it informative enough?
H2: BitcoinIs it informative enough?
H3: Personal toolsIs it informative enough?

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Internal Pages

/wiki/Bitcoin_Improvement_Proposals:
Title

Bitcoin Improvement Proposals - Bitcoin Wiki

Description

Not defined

H1

Bitcoin Improvement Proposals

H2

Contents

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Personal tools

All the information about bitcoin.it was collected from publicly available sources

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