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.


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20.07.2018 04:40:08
39fomewzroMV3HshmtxmK9cRoSdpUVm77k30 satoshi
20.07.2018 04:28:02
13trfZjcHX4pA7Vac4SP2doumuShWFFCno30 satoshi
20.07.2018 04:00:54
14CTDZrLqXQuEyuGc8ffotpLZF92sYeFde30 satoshi
20.07.2018 03:45:59
35ZV5AxqtJsWuTRSW5QXQq2oqJaAesaH5W30 satoshi
20.07.2018 03:31:25
16cRSsi82iAAaMbUxcFnA7CuY97hzZTNXQ30 satoshi
20.07.2018 03:24:02
19WTofLXiHZAZejNxvqdjN8fxpRsqhrAJN30 satoshi
20.07.2018 02:37:49
1JHyYxPoejK3TuM3WuaV1wewocULYRrYfY30 satoshi
20.07.2018 01:11:44
3NFUaz1RhrsJMH2idKuTgcPdG18Saqy9q730 satoshi
20.07.2018 01:07:10
1ACV7ZykNKcTdUNSVHpfgTTEtUbDoghU6n30 satoshi
20.07.2018 00:51:20
16RuzaBSSJzszNFrcLfLb5pTjCPXQ8XYbe30 satoshi