USD 29,131.00


EUR 24,478.00 • BTC 1.0000 • ETH 16.84

 Add to Watchlist    Add to Rewards    Create an Alert

 2    1,445  
1D 7D 14D 1M 200D 1Y 2Y 5Y 10Y

Rank: 1
Market Cap: $546,376,618,870
ATH: $64,805.00, 2021-04-14T11:54:46.763Z
Maximum supply: 21,000,000
Circulating supply: 18,740,581
Genesis Date: 2009-01-03
 White Paper
Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process. Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks. Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes. Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on. The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.


 New Topic

BTC halving 2020
By Jack Anderson on 2020-01-01 05:57:03 ET
Last post by Douglas Johnson
411 days ago


Bitcoin 2019 Looked a Lot Like Bitcoin 2018
 December 24, 2019

 0    3    698

© 2021 The Financer   Contact Us   Terms and Conditions   Privacy Policy