Boiledbeans

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June 9, 2011

Newage Miners

devadutta @ 11:59 pm, GMT +0000 ( 1307663972 ) Play

Identify this “currency” and tell us what is special about it. Its been in news recently. A Lot.

Cracked by: Sumanth Patlolla , Akshay , Goyal , badideabear , raklodramA , shrey , KK , Ananth , Bharath , Urthstripe , Logik , Rogi , dineshk , Shwetha Maiya , Raghuvansh , Manish Achuth , jins , Sai Subramanian , rohanquizzer , D'Anconia , Dibyo , anurag , Siddarth Pai , Thejas V R , shrik , Nagendra U M , krudebox , Jayaprakash B R , dirty-i , Rahulk , sidsen , SV , Anjul , username , udupendra and shenoyvarun86

Answer:
Bitcoin – P2P currency

Points assigned by AutoRaja. Review by lazy humans pending.

37 Responses to “Newage Miners”

  1. Sumanth Patlolla
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    Bitcoin is a digital currency created in 2009 by Satoshi Nakamoto. The name also refers both to the open source software he designed to make use of the currency and to the peer-to-peer network formed by running that software.


  2. Akshay

    Bitcoin
    It’s a digital currency and involves p2p networks in it’s usage


  3. Goyal
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    Bitcoin


  4. badideabear
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    1

    BitCoin. It’s a digital currency created by Satoshi Nakamoto. It’s special because it’s a P2P (peer to peer) currency. “Peer-to-peer means that no central authority issues new money or tracks transactions. These tasks are managed collectively by the network.”


  5. Bitcoin
    Bitcoin is an open source, peer-to-peer electronic currency created by Satoshi Nakamoto and maintained by a small team of developers.


  6. shrey

    Bitcoin


  7. KK
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    5

    Bitcoin is an open source, peer-to-peer electronic currency created by Satoshi Nakamoto and maintained by a small team of developers.


  8. Ananth
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    Bitcoin p2p virtual currency


  9. Bharath
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    bitcoin


  10. Urthstripe

    Bitcoin. It’s an digital currency created to buy real world objects. Untraceable, no central authority, limited to only 21 million. Governments don’t likey.


  11. Logik
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    3

    Bitcoin :)
    Digital currency, P2P based. some arbit exchange rate.
    http://en.wikipedia.org/wiki/Bitcoin


  12. Rogi
    48
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    Botcoin.
    It’s the first P2P virtual currency.


  13. dineshk
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    Bitcoin – a digital currency that has earned the ire of the US government for its use in the black market for trading illegal drugs.


  14. Shwetha Maiya
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    1

    Bitcoin is an open source, peer-to-peer electronic currency created by Satoshi Nakamoto and maintained by a small team of developers.


  15. Raghuvansh
    1
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    4

    Bitcoin.


  16. Manish Achuth
    16
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    8

    Bitcoin currency


  17. jins

    BitCoins.
    US Senators call to shut down Bitcoins as they are being used to pay for drugs over the net


  18. Sai Subramanian

    Bitcoin. It is a digital currency that uses distributed database spread across nodes of a peer-to-peer network to journal transactions, and uses digital signatures and proof-of-work to provide basic security functions, such as ensuring that bitcoins can be spent only once per owner and only by the person who owns them.


  19. Bitcoin, online digital currency


  20. D'Anconia

    Bitcoin


  21. Dibyo
    11
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    10

    bitcoin


  22. anurag

    Bitcoin (virtual) digital currency which is designed to operate devoid of govt./bank control.


  23. bitcoin
    a peer to peer currency


  24. P2P Virtual Currency Bitcoin


  25. shrik
    10
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    9

    Bitcoin is a digital currency created in 2009 by Satoshi Nakamoto.

    Unlike other digital currencies, Bitcoin avoids central authorities and issuers. Bitcoin uses a distributed database spread across nodes of a peer-to-peer network to journal transactions, and uses digital signatures and proof-of-work to provide basic security functions, such as ensuring that bitcoins can be spent only once per owner and only by the person who owns them.

    (yes, wikipedia copypasta)


  26. Nagendra U M

    ‘Bitcoin’ – A digital currency created in 2009 by Satoshi Nakamoto.


  27. krudebox
    1

    Bitcoin, a digital currency that does not have a central issuing authority and uses a Peer-to-Peer network for transactions.


  28. Bitcoin


  29. bitcoin,the p2p virtual currency…


  30. Rahulk
    2
    5

    Bitcoin is a digital currency created in 2009 by Satoshi Nakamoto. The name also refers both to the open source software he designed to make use of the currency and to the peer-to-peer network formed by running that software.


  31. sidsen
    2

    bitcoin – future of online monetary transactions


  32. SV
    1

    Bitcoin


  33. Rogi
    48
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    5

    er, “Bitcoin”.
    (Fat Fingers)


  34. Anjul
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    1
    1

    bitcoin, a decentralized digital currency.


  35. username
    3
    3
    1

    bitcoin

    http://en.wikipedia.org/wiki/Bitcoin


  36. udupendra
    4
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    7

    Bitcoin, P2P virtual currency


  37. shenoyvarun86
    1
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    2

    bitcoin


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