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24H VOLUME $29,903,429,959
MARKET CAP $175,895,641,107

Bitcoin Events

29 May 2020
Added: 08 Apr 2020
25 May 2020
Added: 23 Jul 2019
23 May 2020
Added: 30 Sep 2019
20 May 2020
Added: 27 Feb 2020
09 May 2020
Added: 26 Jan 2020
25 Apr 2020
Added: 13 Feb 2020
24 Apr 2020
Added: 16 Apr 2020
17 Apr 2020
Added: 16 Apr 2020
16 Apr 2020
Added: 20 Mar 2020
15 Apr 2020
Added: 23 Nov 2019
15 Apr 2020 (or earlier)
Added: 12 Apr 2020
30 Mar 2020
Added: 30 Sep 2019

What is Bitcoin (BTC)?

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 or banks. Bitcoin is design 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.

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