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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
10-18-2018 4:18:37
1JdesaHL9hNfJdcva-53qzcbw9SNk8PeuYJ
19 satoshi
10-18-2018 4:18:22
1PFd16Yb26T1Nv4gx-P55WDNPszBeGsiPJd
19 satoshi
10-18-2018 4:18:20
17D6fE4VwAfGLowbv-6rBftQRVaYmVNcBUP
19 satoshi
10-18-2018 4:17:22
1Em5NSdAUpQmCZ9dq-egHu2dH8UiNFMUxWi
19 satoshi
10-18-2018 4:16:55
32fayH6rv2xVHJgoF-qUKUpR8Px3TzJtusv
19 satoshi
10-18-2018 4:16:51
176K7ZTDpgEF1XHjM-xUpScqeXGzh7t9Tst
19 satoshi
10-18-2018 4:16:14
1NAf1Cz44oazKMUrh-pbk6A2i6F1sBdaQD5
19 satoshi
10-18-2018 4:15:43
18n4jFyeFcWX2Nmic-H58sdZhUuWrsisA9k
19 satoshi
10-18-2018 4:15:10
3Bq7z3QeA7Ay3WiyA-gdJadpgeB3qeWzU25
19 satoshi
10-18-2018 4:15:06
32AmgRavy9JqUdLCk-qnVXoVvrVT7J5839W
19 satoshi