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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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  • 17999000
  • 21.000.000
  • # 1

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Latest news

Bitcoin Is Already at 40% of Average Fiat Currency Lifespan — 10 Years

Bitcoin Is Already at 40% of Average Fiat Currency Lifespan — 10 Years

18-10-2019 / 11:15
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Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures

Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures

18-10-2019 / 10:03
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Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7

Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7

18-10-2019 / 09:10
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Bitcoin Privacy Is the Only 'Big Question' for Devs, Says Poolin CEO

Bitcoin Privacy Is the Only 'Big Question' for Devs, Says Poolin CEO

18-10-2019 / 08:52
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Binance Raises Max Margin, Leverage on Bitcoin Futures to 125X

Binance Raises Max Margin, Leverage on Bitcoin Futures to 125X

18-10-2019 / 08:45
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What to Make of the SEC's Latest Bitcoin ETF Rejection

What to Make of the SEC's Latest Bitcoin ETF Rejection

18-10-2019 / 08:30
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Ex-CEO of Google Africa: Bitcoin a 'Gift' That Will Change Humanity

Ex-CEO of Google Africa: Bitcoin a 'Gift' That Will Change Humanity

18-10-2019 / 08:01
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Bitcoin Back Under $8K — Next Is $7.4K If Support Zone Breaks: Analyst

Bitcoin Back Under $8K — Next Is $7.4K If Support Zone Breaks: Analyst

18-10-2019 / 07:33
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Bitcoin's Irreversibility Challenges Int'l Private Law: Legal Scholar

Bitcoin's Irreversibility Challenges Int'l Private Law: Legal Scholar

18-10-2019 / 07:16
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Binance DEX Prepares to List a BCH-Pegged Token

Binance DEX Prepares to List a BCH-Pegged Token

18-10-2019 / 05:34
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Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey

Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey

18-10-2019 / 04:00
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Bitcoin Price Hovers Above $8,000 While XRP Jumps 5% on the Day

Bitcoin Price Hovers Above $8,000 While XRP Jumps 5% on the Day

17-10-2019 / 21:56
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Cameron Winklevoss: Buy BTC to Escape Negative Yield Bonds

Cameron Winklevoss: Buy BTC to Escape Negative Yield Bonds

17-10-2019 / 20:36
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Burj Khalifa Developer Emaar to Launch Tradeable Reward Token EMR

Burj Khalifa Developer Emaar to Launch Tradeable Reward Token EMR

17-10-2019 / 20:27
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Ethereum Futures: The Next Big Derivative to Hit the Market?

Ethereum Futures: The Next Big Derivative to Hit the Market?

17-10-2019 / 19:12
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Bitcoin Price Diary: Losing Small Is Key To Long Term Success

Bitcoin Price Diary: Losing Small Is Key To Long Term Success

17-10-2019 / 18:04
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Bloomberg Editor: BTC 'Is for Making Transactions The Man is Against'

Bloomberg Editor: BTC 'Is for Making Transactions The Man is Against'

17-10-2019 / 17:27
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Libra Shows Central Banks' Failure on Cross-Border Payments: Riksbank

Libra Shows Central Banks' Failure on Cross-Border Payments: Riksbank

17-10-2019 / 17:00
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