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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
08-18-2018 11:58:10
1CKuACqAfVgGF8yY7-ZCxZbUMM7a9aYE8GV
20 satoshi
08-18-2018 11:58:09
18i6gwgAhXMY7t952-By2cwfoVB4oL48aaa
20 satoshi
08-18-2018 11:57:59
3KofCMt92jafBbe9Q-niyLf1vHCEX51vizb
20 satoshi
08-18-2018 11:57:37
13dWFH4TzcLC1xwC3-PyfPrV8J35fVLYiZq
20 satoshi
08-18-2018 11:57:31
3JnfcYK31tuGqEbTj-gC6nDH78XquUmWPtf
20 satoshi
08-18-2018 11:57:28
1GTyKXufGwjWLxHu6-6uuE4bVaZvYuT6RMq
20 satoshi
08-18-2018 11:57:27
12fnHgC57tfcntakD-ACiGZULBsM8d6Q4Xs
20 satoshi
08-18-2018 11:57:17
1PUkrxE4RKBjmrrBk-CYVyYMNmhf13ua2Vi
20 satoshi
08-18-2018 11:57:08
1Cj5GtHhzEj9NJFB9-tpK2B2ziBxA1VcP5X
20 satoshi
08-18-2018 11:56:40
1NPGs12CvFZPjq5A9-NL5U53qewkUJWLPVr
20 satoshi