NewsCovid-19CollegeTown
Features
OpinionEditorialsColumnsOp-EdsLetters to the Editor
Arts & LivingCampusFilm & TVMusicTheater
SportsFallWinterSpring
PodcastsThe Student Sums It UpTusk TalksTerras Irradient
AmusementsCrosswordCartoonsSatire
SubmitLetter to the EditorNews TipOp-EdArt or Essay
AboutMastheadJoin Our StaffContact
AboutMastheadSubscribeAdvertiseContactFeedbackLetters to the EditorNews TipsJoin Our Staff
NewsFeaturesOpinionArts & LivingSportsPodcastsSearch

The Amherst Student

Volume 152 • Issue 1

The Amherst Student

The Newspaper of Amherst College Since 1868

Sunday, January 29, 2023

Will Friedrichs ’20

Contributing Writer

Number of Articles: 1

First Article: April 3, 2018

Latest Article: April 3, 2018

What Are Bitcoins, and How do They Really Work on the Internet?

By Will Friedrichs ’20

•

April 3, 2018

Over the past year, words like “Bitcoin” and “cryptocurrency” have gone from being obscure tech jargon to finding their way into the vernacular. You probably know that Bitcoin is an online form of money, but what actually is it, and how does it work? Bitcoin is the most well-known of many forms of online money, called “cryptocurrencies.” Cryptocurrencies are virtual, meaning that transactions and trading take place online. They use what’s called decentralized control; there is no central mecha

The Amherst Student

Established 1868

Donate[email protected]
AboutMastheadSubscribeAdvertiseContactFeedbackLetters to the EditorNews TipsJoin Our Staff
  • News
  • Covid-19
  • College
  • Features
  • Town
  • Opinion
  • Editorials
  • Columns
  • Op-Eds
  • Letters to the Editor
  • Arts & Living
  • Campus Life
  • Film & TV
  • Music
  • Theater
  • Sports
  • Fall
  • Winter
  • Spring
  • Podcasts
  • The Student Sums It Up
  • Tusk Talks
  • Terras Irradient
  • Amusements
  • Crossword
  • Cartoons
  • Satire

© 2023 The Amherst Student. All Rights Reserved.