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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
12-10-2017 9:06:40
1P4DJvWVESULipzSY-ByRwRBm5Jt56AsWYG
50 satoshi
12-10-2017 9:06:38
1CPHC6aqU5FP1WD9H-JP9mcRnraDD492XWZ
10 satoshi
12-10-2017 9:05:04
1P8nfLMs4jPURnmwp-eEFJVK9xjMvNwqYgC
60 satoshi
12-10-2017 9:01:42
332uvCYNVMFu9Ntjv-k3PydZuTQJzouiaN4
100 satoshi
12-10-2017 8:58:22
1GL3yDvALc9hAimR2-L893URih3CZB5oeL4
25 satoshi
12-10-2017 8:56:53
14QzzfEYFQZq7Bkv3-fGdWW7HYZdAHapkLf
35 satoshi
12-10-2017 8:55:09
1CPHC6aqU5FP1WD9H-JP9mcRnraDD492XWZ
10 satoshi
12-10-2017 8:52:15
1MyAA8KJyhJ2y8wRR-yxoJcqrxZ6cQUys7E
25 satoshi
12-10-2017 8:51:00
1AAK8gmUgw5FNrZrD-cfhePnzLX68TT239m
25 satoshi
12-10-2017 8:50:27
332uvCYNVMFu9Ntjv-k3PydZuTQJzouiaN4
50 satoshi