Thread: Bitcoins
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Old 04-04-2013, 09:49 AM   #14
sclitheroe
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Join Date: Sep 2005
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Quote:
Originally Posted by Slava View Post
What's stopping someone from counterfeiting these though? Or producing more?
Every bitcoin, and every transaction involving an exchange of bitcoins, is cryptographically verified by the peer-to-peer network of people participating - it's not possible to counterfeit coins or transactions, since the peer-to-peer network calculates consensus on the validity of the transaction.
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