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What is Bitcoin?

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, since the system works without a central repository or single administrator. It was invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.

Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

Recent Payouts

17fJjdoswmm6WqD4FKDECfffYz6NWXyXmC6 satoshi
17dgfJCREbffkcKvr5TUYVdH9RF26Z8WvZ7 satoshi
1MdvBPQNsLh1ekdPuegDcuMPT67Fcs8YYp7 satoshi
1BrKnJFtGh6sCjk6RbkHe3a425UVvHjN9d7 satoshi
19J5kDgpjmDj4bqXiqTpvX91Rw9RaZiapL6 satoshi


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