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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

DateAddressReward
12-12-2017 5:38:33
36h7MHNJk54rmYEhY-znzXc3YBE97cfrAi4
13 satoshi
12-12-2017 5:37:21
3JnvmcyjGMebfBScX-Ld3amGzDqrhd3EF2U
13 satoshi
12-12-2017 3:22:28
36uMFdnxLveBYkW97-jXXUoRwaa7hHXHrRt
13 satoshi
12-11-2017 9:55:47
18X8QU6PaJK7qVh5f-HHbQGo3fqrbW5g1rW
13 satoshi
12-11-2017 7:26:58
1fhQRmzFGPTaeFDG-bALRabaGVqCNchbs-c
13 satoshi
12-11-2017 6:50:59
12k6jD9LgAt1aGxDg-jDhTcsyqMWym6fz4H
13 satoshi
12-11-2017 6:36:19
1MVWDzSHPZGfFPddW-JxtVgGUP7wthcvVR1
13 satoshi
12-11-2017 4:23:41
1JHbd3H7uPk1HxBs-Qzpd8DTg46jaofM8-i
13 satoshi
12-11-2017 3:33:16
1NKmuocaufFhu8nUp-gqCWT6cSNGabcuYVo
13 satoshi
12-11-2017 3:25:48
39fomewzroMV3Hshm-txmK9cRoSdpUVm77k
13 satoshi