Bitcoin
Definition, Meaning & Examples
Pronunciation /ˈbɪtkɔɪn/
Quick meaning: Bitcoin meaning (uncountable, computing, finance) A decentralized cryptocurrency using blockchain technology.
Meaning
(uncountable, computing, finance) A decentralized cryptocurrency using blockchain technology.
More Meanings
- (countable, computing, finance) A unit of the bitcoin (proper noun proper noun sense 1) cryptocurrency.
Example Sentences
This item costs one bitcoin.
We do not accept bitcoin at this store.
[A] man named Satoshi Nakamoto posted a research paper to an obscure cryptography listserv describing his design for a new digital currency that he called bitcoin.
[Bitcoins] do not depend on the state banks, but are created through mining. Mining is also called as hashing. It is a process of solving complex math problems using those computers which run bitcoin software.
Word Forms
- bitcoins
Related Words
Related dictionary entries include coin, coinage, change, cryptoasset, coinbase, bancor.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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