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.

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Cryptocoins News / NewsBTC - 3 years ago

“What is a Bitcoin Marketplace?”

In keeping with this era of evolving technology and how digitally dependent most of society has become, money has transformed in numerous ways. Traditional physical cash is no longer the only method of transaction. Our assets and savings have taken o...

More / Bitcoin Reddit - 3 years ago

Who TF would sell bitcoin at these levels???

I mean even if it were people trying to tank the market, they do realize that it’s simply giving cheaper Bitcoin to people that will buy it and never sell it, right? There’s been an avalanche of good news in recent weeks that the price simply does no...

More / Bitcoin Reddit - 3 years ago

No, Brazil is not adopting Bitcoin

There is misinformation on the bad and the good side. With the recent El Salvador making Bitcoin a legal tender, a lot of news saying that Brazil is also going to do it. I'm Brazilian and that's not true, we are very far from that actually do...