News tagged with transactions

Bitcoin lets users avoid censorship

In his graduation research, computer science student Krzysztof Okupski has developed software to encrypt messages with the Bitcoin network. Using his software, it costs around 50 cents to send an A4 page ...

Dec 01, 2014
4 / 5 (3) 1

Virtual money and user's identity

Bitcoin is the new money: minted and exchanged on the Internet. Faster and cheaper than a bank, the service is attracting attention from all over the world. But a big question remains: are the transactions ...

Nov 25, 2014
4.3 / 5 (3) 0

Bitcoin 'mining pool' promises to stay small

The largest group of bitcoin miners, which maintains and processes transactions in the digital currency, is promising to avoid majority control of the currency as a temporary measure to maintain the payment system's credibility.

Jul 17, 2014
5 / 5 (1) 0

Probing Question: What is Bitcoin?

In 1729, when he was 23 years old, Benjamin Franklin authored a pamphlet titled "A Modest Inquiry into the Nature and Necessity of a Paper Currency." The revolutionary idea he advocated? Paper money printed ...

Jul 10, 2014
3.4 / 5 (5) 3

Quantum cryptography for mobile phones

Secure mobile communications underpin our society and through mobile phones, tablets and laptops we have become online consumers. The security of mobile transactions is obscure to most people but is absolutely essential if ...

Apr 03, 2014
4 / 5 (7) 0

Probing Bitcoins

(Phys.org) —Bitcoin transactions may be anonymous, but they're also completely transparent. This makes stealing easier, but cashing in on the theft without getting caught a lot more difficult. That's one ...

Jan 16, 2014
4.7 / 5 (7) 0 | with audio podcast