Descriptiondietbitcoin is a faster, lighter alternative to bitcoin. dietbitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of dietbitcoins is carried out collectively by the network. dietbitcoin is open-source; its design is public, nobody owns or controls dietbitcoin and everyone can take part. Through many of its unique properties, dietbitcoin allows exciting uses that could not be covered by any previous payment system. dietbitcoin uses a blockchain which is not controlled by any third party nor government agency. It is open source which allows for increased security. All transactions are recorded on the blockchain, which is decentralized and spread across a global network of computers.