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Your Bitcoin Private Key is a unique secret number that only you know. It can be encoded in a number of different formats. Below we show the Bitcoin Address and Public Key that corresponds to your Private Key as well as your Private Key in the most popular encoding formats (WIF, HEX, [...]

Why Programmers Are Excited About Bitcoin

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forbes.com / By Timothy B. Lee / 4/17/2013 @ 8:21PM

I’ve noticed a contrast in the way programmers and non-programmers react when they first hear about Bitcoin. And I think an analogy to cryptography helps explain it.

Cryptography has been around for centuries, but until recently all the practical encryption systems people knew about were [...]