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BIP

An acronym for “Bitcoin Improvement Proposals” which can be submitted by anyone who wants to improve the Bitcoin network. It should be noted that while anyone can submit a BIP,…

Bit

A bit is 1 millionth of a Bitcoin. So, there are 1,000,000 bits in 1 Bitcoin. This should not be confused with a Satoshi, which is the smallest unit of…

Bitcoin

Bitcoin is the oldest and first cryptocurrency, which was created in 2008 and went live in 2009. It was created by a fictional person or persons known as Satoshi Nakamoto.…

Bitcoin Addresses

A bitcoin address is a string of digits and characters that can be shared with anyone who wants to send you money. It looks like this: 1L4af42d28Ph9jth2RtYE8GDqLZt3RuT6V (Feel free to…

Bitcoin ATM

like a regular ATM, Bitcoin ATMs provide people with Bitcoins after depositing regular currencies.

Bitcoin Cash (BCH)

Bitcoin Cash (BCH) is a controversial fork of the original Bitcoin blockchain which occurred in August 2017 at block 478558. It is now its own coin and the blockchain prior…

Bitcoin Core

New name of BitcoinQT since release of version 0.9 on March 19, 2014. Not to confuse with CoreBitcoin, an Objective-C implementation published in August 2013. See also Bitcore, a JavaScript…

Bitcoin Price Index (BPI)

In the early days of Bitcoin it was difficult, if not nearly impossible, for holders of the coin to determine how much their coins were worth. The value of Bitcoin…

Bitcoin Protocol

The open source cryptographic protocol which operates on the Bitcoin network, setting the “rules” for how the network runs. These rules are numerous and detailed, spelling out each instance of…

Bitcoin-Ruby

A Bitcoin utilities library in Ruby by Julian Langschaedel. Used in production on Coinbase.com.

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