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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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  • 17993100
  • 21.000.000
  • # 1

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Latest news

Bitcoin Price Touches $8,400 While 0x Jumps 16%

Bitcoin Price Touches $8,400 While 0x Jumps 16%

15-10-2019 / 01:05
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CME: Despite Pullback in Bitcoin Prices, Investor Interest Is Strong

CME: Despite Pullback in Bitcoin Prices, Investor Interest Is Strong

15-10-2019 / 00:35
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CME Says Bitcoin Futures Gaining Interest From Big Investors

CME Says Bitcoin Futures Gaining Interest From Big Investors

14-10-2019 / 22:20
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Price Analysis 14/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Price Analysis 14/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

14-10-2019 / 20:15
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Grayscale Wins Approval for First Public Digital Currency Index Fund

Grayscale Wins Approval for First Public Digital Currency Index Fund

14-10-2019 / 20:00
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Booking Holdings Leaves Facebook's Libra Association

Booking Holdings Leaves Facebook's Libra Association

14-10-2019 / 18:31
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FINRA Approves Grayscale's Public Quote for Crypto Fund Shares

FINRA Approves Grayscale's Public Quote for Crypto Fund Shares

14-10-2019 / 18:07
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Bitcoin Price: 2 Key Indicators Suggest Accumulation Underway Below $10K

Bitcoin Price: 2 Key Indicators Suggest Accumulation Underway Below $10K

14-10-2019 / 17:51
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UK Real Estate Firm Accepts Bitcoin for Sale of 150-Year-Old Church

UK Real Estate Firm Accepts Bitcoin for Sale of 150-Year-Old Church

14-10-2019 / 16:38
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Electrum Bitcoin Wallet to Support Lightning Network in Next Release

Electrum Bitcoin Wallet to Support Lightning Network in Next Release

14-10-2019 / 15:01
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Gold and Blockchain: A Budding Financial Romance at the Perfect Time

Gold and Blockchain: A Budding Financial Romance at the Perfect Time

14-10-2019 / 14:48
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Ripple, Coinbase Invest in Mexico's Biggest Crypto Exchange Bitso

Ripple, Coinbase Invest in Mexico's Biggest Crypto Exchange Bitso

14-10-2019 / 14:45
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Thrill-Seeking Drives Investors to Trade Crypto, Study Finds

Thrill-Seeking Drives Investors to Trade Crypto, Study Finds

14-10-2019 / 14:15
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Forex Broker FXCM Launches Basket of 5 Cryptos for Retail Investors

Forex Broker FXCM Launches Basket of 5 Cryptos for Retail Investors

14-10-2019 / 12:45
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Bitcoin Faces Drop Below $8,000 Despite Beating Price Resistance

Bitcoin Faces Drop Below $8,000 Despite Beating Price Resistance

14-10-2019 / 11:01
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Bitcoin Price: Sudden Sunday Drop Has Analysts Eyeing $7.8K Support

Bitcoin Price: Sudden Sunday Drop Has Analysts Eyeing $7.8K Support

14-10-2019 / 10:17
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Litecoin Turns 8 — Charlie Lee Says Foundation Not Near Bankruptcy

Litecoin Turns 8 — Charlie Lee Says Foundation Not Near Bankruptcy

14-10-2019 / 09:11
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Zcash's Halo Breakthrough Is a Big Deal – Not Just For Cryptocurrencies

Zcash's Halo Breakthrough Is a Big Deal – Not Just For Cryptocurrencies

14-10-2019 / 08:00
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