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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.

Recent Payouts

Date Address Reward
2019-10-20 01:19:33
1Nq5RzqETFLSCraEn-j4XG9JfKQbD3NFRL4
17 satoshi
2019-10-20 01:17:33
14Qv2eQeYHGVnrg3H-9neG5h8moevyYr3AL
17 satoshi
2019-10-20 01:17:10
1PN64rcC8iR9zBm14-PNSuAw7SAzVyST3CH
17 satoshi
2019-10-20 01:13:25
18tw2cwpwHVhw8nZe-ib63N1HpBwZ5dMrMW
17 satoshi
2019-10-20 01:13:24
1K9ACy9QdKhuoyKe4-WtW17qNDUUq9VKCnB
17 satoshi
2019-10-20 01:11:25
1Mk6b1N7vXCaUhLgR-pTfWQfxu7UNJXtfZz
17 satoshi
2019-10-20 01:09:51
14Qv2eQeYHGVnrg3H-9neG5h8moevyYr3AL
17 satoshi
2019-10-20 01:09:15
1Cs3yv37xqD7JAJfU-ontVJHtVjhp3QHCKd
17 satoshi
2019-10-20 01:08:46
162CRpPXA82F5Hvd9-zF2t4EprX4etP7AUY
17 satoshi
2019-10-20 01:07:57
1K9ACy9QdKhuoyKe4-WtW17qNDUUq9VKCnB
17 satoshi