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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
11-21-2017 2:58:25
18bAKY4RPKfsrkLGy-eiinWHnhc5oACRSrr
25 satoshi
11-21-2017 1:52:28
1JVraLPcJJfUT6TKM-NaRwdeRm4pernDExs
25 satoshi
11-21-2017 1:48:45
19Y7DPqAjHszi3Jyg-vaqttzpDoZLYbkBju
25 satoshi
11-21-2017 1:35:12
14DE9J1K9hH5XCEHM-MAKLdu8ZNPxyCFf7R
25 satoshi
11-21-2017 1:26:10
3LwQ87e4DqbyN5GuU-1qDut3jDqfetJosTx
25 satoshi
11-21-2017 1:08:02
1A39w34z8oyV5EH4k-AbwoGv5Ji5sS18hkh
25 satoshi
11-21-2017 12:53:08
33bzEjvT8pLEikoQ9-fC1nJvMzh7JBLwz3L
25 satoshi
11-21-2017 12:31:39
1BWDD5APUKZJf3VpN-Ls7RZtmUpjwvxVgvg
25 satoshi
11-21-2017 12:08:52
1D1kKEHsjphYqGnyA-27DMHk35WGNtgHfvU
25 satoshi
11-21-2017 12:00:03
16BUbucTuMZAcX1oa-yev8SPEDSBP3tGEkp
25 satoshi