Bitcoin is a decentralized P2P electronic cash system without a central server or trusted parties. Users hold the crypto keys to their own money and transact directly with each other, with the help of the network to check for double-spending.
Help please. my bitcoin-qt suddenly stops updating from the network with up to several weeks of updates missing. i can cure it by deleting everything except my wallet and letting it reload every bit of the history. I have no idea how to fix it.
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This is a bogus currency the only people who can win are those who already have coins. Don't waste energy leaving your computer switched on to mine for only the benefit of others. Go lookup what a PONZI scheme is on Wikipedia.