Bitcoin
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.
Bitcoin News / Google News Bitcoin - 5 hours ago
Bitcoin Halving Executes, Defying Era of Money Printing and Currency Debasement With βQuantitative Tighteningβ& & The Daily Hodl
Bitcoin News / Bitcoin Magazine - 7 hours ago
Today, on the day of the fourth Bitcoin halving, the Human Rights Foundation (HRF) announced the Finney Freedom Prize, commemorating the work of Hal Finney, one of the earliest public champions of Bitcoin.Today HRF launches the Finney Freedom Prize t...
Bitcoin News / Google News Bitcoin - 7 hours ago
Bitcoin (BTC) Faces Uncertain Rally, Ethereum (ETH) Dips Amid Whale Moves, Furrever Token (FURR) Offers Up to ...& & Yahoo Finance
Bitcoin News / Bitcoin Magazine - 8 hours ago
The Final Countdown to the Bitcoin Halving Has BegunJoin Bitcoin Magazine and top voices in the industry as we countdown to block 840,000 and ring in a new era in Bitcoin. The Bitcoin Halving Livestream powered by Kraken will reveal the Top 21 Moment...
Bitcoin News / Bitcoinist - 10 hours ago
The air crackles with anticipation as the Bitcoin network hurtles towards its fourth halving event, expected within the next few hours.
This pre-programmed phenomenon cuts the block reward for miners β the number of new Bitcoins generated for verifyi...
Bitcoin News / Bitcoin.com - 11 hours ago
Foundry, a digital assets mining and staking company, has announced that it plans to monetize what it has called the “epic satoshi,” the first satoshi of the halving block, via Ordinals. If the company mines it through its mining pool, it...
More / Bitcoin Reddit - 11 hours ago
Answer: it was sold. It's now producing shitcoin content and is no longer a learning resource for new Bitcoiners entering the space. The previous presenter of 99Bitcoins, Nate Martin, is now pushing forward with a new channel to continue to edu...