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What is Bitcoin?

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, since the system works without a central repository or single administrator. It was invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.

Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

Sources: Wikipedia, DailyMotion


Recent Payouts

DateAddressReward
01-17-2019 7:04:36
3KgBjimewrTHNBsFe-SjTbT3UF5euKrSCYH
43 satoshi
01-17-2019 7:04:34
17dxyaWFSgjqGr7kP-P3cQEWLKiw7C2hjkz
43 satoshi
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3QEEFvJTyUEAECKxv-GbJMJ3ejB9kpSF7Pp
43 satoshi
01-17-2019 7:04:28
3FDhBGDj829bRZPKz-BJiqC7JKa7bgxocg1
43 satoshi
01-17-2019 7:04:15
3P8kA9hXGmv7vXRRv-M6nfsojFnfVHUhsWS
43 satoshi
01-17-2019 7:04:09
14DTJByPTQ3Q8rZup-mPkDmMpWXqk3Rh3JW
43 satoshi
01-17-2019 7:03:59
163P3VwTXhakqF6yk-fwVYwY15UydSFY4Um
43 satoshi
01-17-2019 7:03:51
1J888BJE1yYpCR16E-HrgTPAAQcSgfjydtz
43 satoshi
01-17-2019 7:03:16
1NzneUMhyFAK5r7Wf-LF6dEfKuZSVPRbfij
43 satoshi
01-17-2019 7:03:09
1ANSemkq67XZ4UfQA-cKhpdb3F4Hw6VTRjx
43 satoshi