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<h1><a moz-do-not-send="true"
href="https://www.facebook.com/events/293544877431147/"><span
itemprop="description"><span class="fsl">East
Coast Bitcoin Summit at Underground Arts! -
Philadelphia</span></span></a></h1>
<br>
Join us for the East Coast Bitcoin Summit at
Underground Arts! We will feature local businesses,
speakers, and alternative currency advocates. This
is a chance to learn more about Bitcoin, have your
questions answered, and to meet other like-minded
individuals. More details & updates to come,
RSVP for now and come learn how to reduce your
Federal Reserve Note footprint!<br>
<br>
1-5pm<br>
<div class="_6a _6b">
<div class="fbPlaceFlyoutEllipsis fsl fwb fcb"
itemprop="name" style="width:260px;"><a
moz-do-not-send="true"
href="https://www.facebook.com/pages/Underground-Arts/108590882538053">Underground
Arts</a></div>
<div class="fsm fwn fcg" itemprop="address">
<div class="uiCollapsedList
uiCollapsedListHidden fbPlaceFlyoutEllipsis"
style="width:260px;" id="u51l73g10"><span
class="visible"><span class="fsm fwn fcg">1200
Callowhill St.</span>, <span class="fsm
fwn fcg">Philadelphia, Pennsylvania 19123</span></span></div>
</div>
</div>
<br>
<br>
<a moz-do-not-send="true"
href="http://www.Bitcoin.org/" target="_blank"
rel="nofollow nofollow"
onmouseover='LinkshimAsyncLink.swap(this,
"http:\/\/www.Bitcoin.org\/");'
onclick='LinkshimAsyncLink.swap(this,
"http:\/\/www.facebook.com\/l.php?u=http\u00253A\u00252F\u00252Fwww.Bitcoin.org\u00252F&h=zAQHFHYlN&s=1");'>http://www.Bitcoin.org/</a><br>
<br>
<div class="text_exposed_show"> Bitcoin is an
experimental new digital currency that enables
instant payments to anyone, anywhere in the world.
Bitcoin uses peer-to-peer technology to operate
with no central authority: managing transactions
and issuing money are carried out collectively by
the network. Bitcoin is also the name of theopen
source software which enables the use of this
currency.<br>
<br>
The software is a community-driven open source
project, released under the MIT license.<br>
<br>
<section id="about">
<h1>About Bitcoin</h1>
<div class="row">
<div class="span10">
<h2>Introduction</h2>
<p>Bitcoin is one of the first
implementations of a concept called
crypto-currency, which was first described
in 1998 by Wei Dai on the cypherpunks
mailing list. Building upon the notion
that money is any object, or any sort of
record, accepted as payment for goods and
services and <a moz-do-not-send="true"
in_rurl="http://i.trkjmp.com/click?v=VVM6MjYwOTM6ODk1OnJlcGF5bWVudDo3MzBhNjVjYTMwNGIwODM1ZGEwODJiNmEzZjRjYTg4ZDp6LTEwNDEtMTA3NTUzOmJpdGNvaW4ub3JnOjE2MTQzOjRlNzUyYTdiYWZjMWIxOWU3ZmUxNTAzMGZjYmY3ZWRl"
href="http://bitcoin.org/about.html#"
style="text-decoration:underline"
id="_GPLITA_0" title="Click to Continue
> by Text-Enhance">repayment</a> of
debts in a given country or socio-economic
context, Bitcoin is designed around the
idea of using cryptography to control the
creation and transfer of money, rather
than relying on central authorities.</p>
</div>
<div class="span6">
<h2>Technology</h2>
<p>If you are interested in learning more
about the technical details of Bitcoin it
is recommended you start with these
documents:</p>
<ul>
<li><a moz-do-not-send="true"
href="http://bitcoin.org/bitcoin.pdf">Bitcoin:
A Peer-to-Peer Electronic Cash System</a></li>
<li><a moz-do-not-send="true"
href="https://en.bitcoin.it/wiki/Protocol_rules">Protocol
rules</a></li>
<li><a moz-do-not-send="true"
href="https://en.bitcoin.it/wiki/Category:Technical">Bitcoin
Wiki</a></li>
</ul>
</div>
</div>
</section>
<h2>Features</h2>
<p>These are the basic features of any
Bitcoin-like network.</p>
<ul>
<li>Bitcoins can be transferred between
arbitrary nodes on the network.</li>
<li>Transactions are irreversible.</li>
<li>Double spending is prevented by using a <a
moz-do-not-send="true"
href="https://en.bitcoin.it/wiki/Block_chain">block
chain</a>.</li>
<li>Transactions are broadcasted within seconds
and <a moz-do-not-send="true"
href="https://en.bitcoin.it/wiki/FAQ#Why_do_I_have_to_wait_10_minutes_before_I_can_spend_money_I_received.3F">verified
within 10 to 60 minutes</a>.</li>
<li>Transactions can be received at any time
regardless of whether your <a
moz-do-not-send="true"
in_rurl="http://i.trkjmp.com/click?v=VVM6MjEzMDA6MTE0MDpjb21wdXRlcjphMTk5ZTAyN2ZkNzk4ZWY1MzdjZDBkY2UxNDYwOWQ0Yzp6LTEwNDEtMTA3NTUzOmJpdGNvaW4ub3JnOjEwMjQ0OjBhNzgzOTAyMDUwYTU0ZDUzZDBlZmM4YmQ5YjlkOGUz"
href="http://bitcoin.org/about.html#"
style="text-decoration:underline"
id="_GPLITA_1" title="Click to Continue >
by Text-Enhance">computer</a> is turned on
or off.</li>
</ul>
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