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.
More / Bitcoin Reddit - 3 years ago
It is not imagination, it is a warning. As soon as centralized cryptocurrencies based on the 2030 agenda are created, hyperinflation and surveillance will be the norm (for our benefit they will tell us) But they will use Bitcoin for everything, Bitco...
More / Bitcoin Reddit - 3 years ago
He wasnβt interested in investing or buying, he just wanted to know more about it. I told him what little I know, and pointed him in the direction of some good documentaries (the method I believe he personally will learn the most from). But I just c...
Cryptocoins News / NewsBTC - 3 years ago
This three-months-and-counting consolidation period Bitcoin is in has many investors with the finger on the trigger. Even though we’re in the middle of an Altseason of sorts, mainly caused by the lack of price fluctuation Bitcoin is exhibiting,...
Cryptocoins News / CoinJournal - 3 years ago
Bitcoin’s price has recovered above the 200EMA on the 4-hour chart, a key support zone likely to catalyse a fresh upside towards $60kBitcoin hit resistance around $59,982 on Coinbase on Tuesday, with the rejection resulting in a 10% decline tha...
More / Bitcoin Reddit - 3 years ago
Then: Man pays 10,000 BTC for 2 pizzas in 2010 Vs Now: Papa Johns gives us 24,863 SATS for FREE for buying a Pizza in 2021 THE WORLD IS CHANGING! https://news.bitcoin.com/free-bitcoin-papa-johns-giving-away-btc-pizza-purchases-uk/ Other links to news...
Bitcoin News / Bitcoin.com - 3 years ago
Papa John’s Pizza is giving away bitcoin with pizza purchases in the U.K. Customers who spend at least £30 will get £15 off their orders as well as £10 in free bitcoin. The bitcoin freebie is given through global cryptocurrenc...
Cryptocoins News / The Cointelegraph β - 3 years ago
New all-time highs for the largest altcoin combine with fresh bullishness across crypto after this weekβs sell-off. Bitcoin (BTC) gained 4.3% on Wednesday as cryptocur...
Cryptocoins News / The Cointelegraph β - 3 years ago
Liquidity provider fees for Uniswap have surpassed BTC network revenue on a seven-day average. Uniswap has surpassed Bitcoin in terms of daily fee generation for two...
Cryptocoins News / NewsBTC - 3 years ago
Bitcoin price recovered losses and surpassed the $56,550 resistance zone against the US Dollar. BTC is likely to rally if there is a close above $58,000 and the 100 hourly SMA.
Bitcoin remained strong above $54,000 and it climbed above $56,550
The p...
Cryptocoins News / The Cointelegraph β - 3 years ago
YFI, EOS and REV notched double-digit rallies as altcoins capitalized on the oversold bounce in Bitcoin and Ethereum price. The markets were mixed on May 11 as Bitcoi...
Bitcoin News / Bitcoin Stack Exchange - 3 years ago
Create a watch only wallet descriptor with bitcoin core - Bitcoin Stack Exchange
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