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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

Date Address Reward
2019-06-17 06:11:25
DDMXas5h5EBiWjVBs-s5mz6mBQ4ovEvq7Aw
31375842 satoshi
2019-06-17 06:10:53
1GCp3J4DqaA9cu1JU-wReuUnLWTmhzCWrg6
232 satoshi
2019-06-17 06:10:34
0xe493ead1d1077734a29-4045e98a72cd1026132be
371 satoshi
2019-06-17 06:10:19
18N98YgcEYuftGVDq-8GCcPwegp3GFRgHeu
232 satoshi
2019-06-17 06:08:34
1MtrBknajGvwEXyrw-jKQC6XUtfxd2pBkhh
232 satoshi
2019-06-17 06:08:13
0xd8e1f452cc2606c7a81-f63757b1419dacb789cd1
372 satoshi
2019-06-17 06:08:03
1GCp3J4DqaA9cu1JU-wReuUnLWTmhzCWrg6
232 satoshi
2019-06-17 06:06:37
18iPy7FP4SKZai4M-p54yFVsnhdre3Krg-6
233 satoshi
2019-06-17 06:06:29
0xe493ead1d1077734a29-4045e98a72cd1026132be
372 satoshi
2019-06-17 06:06:26
1GCp3J4DqaA9cu1JU-wReuUnLWTmhzCWrg6
233 satoshi