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Bitcoin

Bitcoin is the largest, oldest and most well-known cryptocurrency. Bitcoin was created by an anonymous person who is known online as Satoshi Nakamoto. Satoshi Nakamoto published a white paper in 2008 with the subject "Bitcoin: a peer-to-peer electronic money system". A peer-to-peer electronic money system, what exactly is that? Bitcoin makes it possible to transact online from one party to another without needing a financial institution. As an example: You want to transfer € 100, - to a knowledge in Australia, through the traditional way of working your transaction would come through various financial institutions and take several days. And then we have not even mentioned the transaction costs involved. With Bitcoin, you do not have this problem, within a few minutes and at low transaction costs you can transfer value from party A to B. No bank that comes with it. Bitcoin makes use of blockchain technology. In 2009, Bitcoin will be used for the first time when Nakamoto will send ten Bitcoin to Hal Finney. Hal Finney became interested in the idea after reading the whitepaper. He approached Nakamoto online and the two decided to continue working together on the development of the project. Now in 2018, Bitcoin has grown into a cryptocurrency with more than 300,000 transactions per day. In total, 21 million Bitcoin will come into circulation. The top 100 richest wallets together have about 15% of all Bitcoins currently in circulation.

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  • 18006300
  • 21.000.000
  • # 1

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Latest news

Top-20 Coins Trade Sideways, Bitcoin Trades Around $8,200

Top-20 Coins Trade Sideways, Bitcoin Trades Around $8,200

22-10-2019 / 02:15
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WATCH: UNICEF's Crypto Fund Plans to Pay for Internet in Public Schools

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Former Fed Nominee Stephen Moore Backs Fractional Reserve Stablecoin

Former Fed Nominee Stephen Moore Backs Fractional Reserve Stablecoin

21-10-2019 / 22:30
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CFTC Chair Says Ether Futures 'Likely' in 2020

21-10-2019 / 21:45
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WATCH: Ecash Creator David Chaum On His New 'Quantum-Resistant' Cryptocurrency, Praxxis 

WATCH: Ecash Creator David Chaum On His New 'Quantum-Resistant' Cryptocurrency, Praxxis 

21-10-2019 / 21:30
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'Death Cross' Dampens $8.8K Hopes as Bitcoin Price Recovery Stalls

'Death Cross' Dampens $8.8K Hopes as Bitcoin Price Recovery Stalls

21-10-2019 / 19:49
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21-10-2019 / 18:51
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UNICEF Fund Manager: Cryptocurrency Could Revolutionize Humanitarian Aid

21-10-2019 / 15:30
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Binance Is Launching Fiat Trading Starting with Russian Ruble

Binance Is Launching Fiat Trading Starting with Russian Ruble

21-10-2019 / 12:56
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Binance CEO: Russian Ruble to Be First Fiat-Crypto Trading Option

21-10-2019 / 12:00
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Fortnite Meets Bitcoin Lightning Network in New 'Lightnite' Video Game

21-10-2019 / 11:23
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Bitcoin: 'Most Dramatic' 2020 Halving Could Cut Supply by $63M a Week

Bitcoin: 'Most Dramatic' 2020 Halving Could Cut Supply by $63M a Week

21-10-2019 / 11:01
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Bitcoin's 3% Price Rise Neutralizes Bearish Setup

Bitcoin's 3% Price Rise Neutralizes Bearish Setup

21-10-2019 / 11:00
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Bitcoin IRA to Launch Interest-Earning Crypto Accounts Next Month

Bitcoin IRA to Launch Interest-Earning Crypto Accounts Next Month

21-10-2019 / 10:37
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The Fed Just Printed More Money Than Bitcoin's Entire Market Cap

The Fed Just Printed More Money Than Bitcoin's Entire Market Cap

21-10-2019 / 08:24
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Researchers Uncover Bitcoin 'Attack' That Could Slow or Stop Lightning Payments

Researchers Uncover Bitcoin 'Attack' That Could Slow or Stop Lightning Payments

21-10-2019 / 08:00
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Bitmain Launches 'World's Largest' Bitcoin Mining Facility in Texas

Bitmain Launches 'World's Largest' Bitcoin Mining Facility in Texas

21-10-2019 / 07:32
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'Is That Still Bitcoin?' CoinShares CSO Questions Crypto Custody

'Is That Still Bitcoin?' CoinShares CSO Questions Crypto Custody

21-10-2019 / 07:24
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