Bitcoinguru FAQs
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When you get right down to it, success is all about value and trust.
Bitcoinguru is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoinguru is pretty much like cash for the Internet. Bitcoinguru can also be seen as the most prominent triple entry bookkeeping system in existence.
Nobody owns the Bitcoinguru network much like no one owns the technology behind email. Bitcoinguru is controlled by all Bitcoinguru users around the world. While developers are improving the software, they can't force a change in the Bitcoinguru protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoinguru can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.
From a user perspective, Bitcoinguru is nothing more than a mobile app or computer program that provides a personal Bitcoinguru wallet and allows a user to send and receive bitcoins with them. This is how Bitcoinguru works for most users.

 

 

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