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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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  • 21.000.000
  • # 1

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Latest news

The 18 Millionth Bitcoin To Be Mined this Friday, Only 3 Million Left

The 18 Millionth Bitcoin To Be Mined this Friday, Only 3 Million Left

17-10-2019 / 15:04
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French Finance Minister Warns He 'Cannot Countenance' Facebook's Libra

17-10-2019 / 14:42
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Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

17-10-2019 / 13:00
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Can Political Fundraising Through Crypto Find Mainstream Acceptance?

17-10-2019 / 12:07
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Bitcoin 'Maybe Is a Partial Store of Value,' Concedes Nouriel Roubini

17-10-2019 / 11:41
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Bitcoin Price Back Above $8K as Pound Sterling Rises on Brexit Deal

Bitcoin Price Back Above $8K as Pound Sterling Rises on Brexit Deal

17-10-2019 / 11:30
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Bitcoin Price May Test $7,750 as Selling Pressure Grows

Bitcoin Price May Test $7,750 as Selling Pressure Grows

17-10-2019 / 11:08
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Binance CEO Confused by BNB Price Decline Despite 'Very Productive' Q3

Binance CEO Confused by BNB Price Decline Despite 'Very Productive' Q3

17-10-2019 / 11:01
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Venezuelan Migrants Are Using Bitcoin for Remittances, But There's a Catch

17-10-2019 / 09:00
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UN Partners With NGO to Tokenize Chocolate Bars for Equitable Trade

UN Partners With NGO to Tokenize Chocolate Bars for Equitable Trade

17-10-2019 / 07:59
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Here's How Much Bitcoin Is Locked Up in Sidechains Right Now

Here's How Much Bitcoin Is Locked Up in Sidechains Right Now

17-10-2019 / 07:28
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Sacramento Kings Pro Basketball Team Launches Crypto Collectibles

Sacramento Kings Pro Basketball Team Launches Crypto Collectibles

17-10-2019 / 01:35
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CFTC File Lawsuit Against $11M Ponzi-Like Cryptocurrency Scam

CFTC File Lawsuit Against $11M Ponzi-Like Cryptocurrency Scam

16-10-2019 / 21:48
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Price Analysis 16/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Price Analysis 16/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

16-10-2019 / 21:20
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Bitcoin Is Totally Different Than Libra: Calibra Head David Marcus

Bitcoin Is Totally Different Than Libra: Calibra Head David Marcus

16-10-2019 / 19:25
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US Authorities Analyze Bitcoin Transactions to Shut Down Child Porn Ring

US Authorities Analyze Bitcoin Transactions to Shut Down Child Porn Ring

16-10-2019 / 17:50
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Bitcoin Back Below $8K — Is the Macro Bullish Trend Finally Broken?

Bitcoin Back Below $8K — Is the Macro Bullish Trend Finally Broken?

16-10-2019 / 17:37
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Luxury Car Manufacturer Begins Accepting Bitcoin for Vehicle Sales

Luxury Car Manufacturer Begins Accepting Bitcoin for Vehicle Sales

16-10-2019 / 16:06
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