Tag Archives: bitcoin transactions

Bitcoin FIBRE Network The Bitcoin FIBRE network stands for Fast Internet Bitcoin Relay Engine. It is an upgrade to the ‘Bitcoin Relay Network’. When a block is mined on the Bitcoin network it has to be sent and received by all the others users (nodes) on the network. As the Bitcoin network has grown it […]

The first Bitcoin ATM has hit the streets of Johannesburg. Rolf Deppe and business partner, Monre Botes, are the geniuses who decided to run the Lamassu Bitcoin vending machine from the new Metroman salon situated in Kyalami, Midrand. This will be the next step to tweak the interests of all hipsters for a face to face experience of Bitcoin currencies.

Bitcoin transactions are sent from and to electronic bitcoin wallets, and are digitally signed for security. Everyone on the network knows about a transaction, and the history of a transaction can be traced back to the point where the bitcoins were produced. Holding onto bitcoins is great if you’re a speculator waiting for the price […]