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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
10-18-2018 1:56:50
1Ljz8TWHzMtXJyJDx-S3AEkJwSKh6RpoPQn
10 satoshi
10-18-2018 1:56:31
1GfJ4x81cLA46Jprx-qGWhBbaA4YDDGNMGs
21 satoshi
10-18-2018 1:56:13
17MMXyfZRaJVjH7zN-2iALzNimxgviWvozW
13 satoshi
10-18-2018 1:56:10
1FA1bG55yx8rLeL2x-VvHMtEimZruqSLggn
28 satoshi
10-18-2018 1:56:09
1EBhw6iTiw1XNTJoB-w6WaBmVLMnjjYUEy1
10 satoshi
10-18-2018 1:56:07
16JeDvSxh3YZGyc2i-m5uCtCQxabbbsbadU
23 satoshi
10-18-2018 1:56:02
37Po2jhURxPYPaLEA-sC28hqDtXdYm5hyqL
24 satoshi
10-18-2018 1:55:59
1NCGFaTmJXnimpaTK-5tKTEfJsrAkJyMyAi
21 satoshi
10-18-2018 1:55:54
15hVBCwHtf41qvXGo-ejQzAcCcbTVhnTRUm
19 satoshi
10-18-2018 1:55:50
38aCSFxPgs6g75DPr-66dBaU3u8w73wHHp8
25 satoshi