Cryptocurrencies: 24151
Markets: 92278
Market Cap: $3,597,361,398,400     
24h Vol: $316,655,814,603
1 Bitcoin (BTC) Rank 3772
$0.00116
Bitcoin (BTC) Rank 3772
Website Reddit
0 BTC

Bitcoin (BTC)

Bitcoin (BTC)

BTC

Bitcoin (BTC) Price
$0.00

Bitcoin (BTC) 24h Vol
$211,914

Bitcoin (BTC) Market Cap
$0

Bitcoin (BTC) Circulating
0

Full Name
Bitcoin (BTC)
Symbol
BTC
Algorithm
SHA-256
BTC Price
1.00 BTC
BTC Market
0 BTC
BTC 24h Vol
182,684,483 BTC
Total Coins Mined
0 BTC
1h
-7.87 %
24h
43.35 %
7d
1.63 %
Charts

Bitcoin (BTC)
Bitcoin (BTC)

Description

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Although other cryptocurrencies have come before, Bitcoin is the first decentralized cryptocurrency - Its reputation has spawned copies and evolution in the space.

With the largest variety of markets and the biggest value - having reached a peak of 18 billion USD - Bitcoin is here to stay. As with any new invention, there can be improvements or flaws in the initial model however the community and a team of dedicated developers are pushing to overcome any obstacle they come across. It is also the most traded cryptocurrency and one of the main entry points for all the other cryptocurrencies. The price is as unstable as always and it can go up or down by 10%-20% in a single day.

Bitcoin is an SHA-256 POW coin with almost 21,000,000 total minable coins. The block time is 10 minutes. See below for a full range of Bitcoin markets where you can trade US Dollars for Bitcoin, crypto to Bitcoin and many other fiat currencies too.

Learn about the history of Bitcoin here and check out 50 crazy-fun facts about Bitcoin here!

Full Name Bitcoin (BTC)
Start Date 2009-03-01
Algorithm SHA-256
Proof Type PoW
Website bitcoin.org/en/
Twitter N/A
Facebook www.facebook.com/bitcoins/
Reddit www.reddit.com/r/bitcoin/
Block Number 589554
Block Time 600
Block Reward 12
Total Coins Mined N/A
Previous Total Coins Mined N/A
Net Hashes Per Second 71,478,995,905.91 H/s
Technology

Balances - block chain The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography.

Transactions - private keys A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet. The signature also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and usually begin to be confirmed by the network in the following 10 minutes, through a process called mining.

Processing - mining Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends.

Features

Mobile payments made easy Bitcoin on mobiles allows you to pay with a simple two step scan-and-pay. No need to sign up, swipe your card, type a PIN, or sign anything. All you need to receive Bitcoin payments is to display the QR code in your Bitcoin wallet app and let your friend scan your mobile, or touch the two phones together (using NFC radio technology).

Security and control over your money Bitcoin transactions are secured by military grade cryptography. Nobody can charge you money or make a payment on your behalf. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud.

Works everywhere, anytime Just like with email, you don't need to ask your family to use the same software or the same service providers. Just let them stick to their own favorites. No problem there; they are all compatible as they use the same open technology. The Bitcoin network never sleeps, even on holidays!

Fast international payments Sending bitcoins across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.

Choose your own fees There is no fee to receive bitcoins, and many wallets let you control how large a fee to pay when spending. Most wallets have reasonable default fees, and higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it's possible to send 100,000 bitcoins for the same fee it costs to send 1 bitcoin.

Protect your identity With Bitcoin, there is no credit card number that some malicious actor can collect in order to impersonate you. In fact, it is even possible to send a payment without revealing your identity, almost just like with physical money. You should however take note that some effort can be required to protect your privacy.

Bitcoin (BTC) News
Market Dynamics Influence Bitcoin’s Year-End Performance

Market Dynamics Influence Bitcoin’s Year-End Performance

The Bitcoin market disappoints with a lackluster year-end rally. MicroStrategy continues to buy Bitcoin, raising questions about its acquisition strategy. Continue Reading:Market Dynamics Influence Bitcoin’s Year-End Performance The post Market Dynamics Influence Bitcoin’s Year-End Performance appeared first on COINTURK NEWS.

access time image 12-24-2024 15:14

Market Predictions Show Increased Bitcoin Adoption Among Major Tech Companies

Market Predictions Show Increased Bitcoin Adoption Among Major Tech Companies

Prediction markets show a 77% chance of Bitcoin adoption by 2025. Michael Saylor emphasizes the importance of Bitcoin for tech companies. Continue Reading:Market Predictions Show Increased Bitcoin Adoption Among Major Tech Companies The post Market Predictions Show Increased Bitcoin Adoption Among Major Tech Companies appeared first on COINTURK NEWS.

access time image 12-24-2024 14:14

Analyst Highlights Critical Support Levels for Bitcoin and Positive Outlook for Cardano

Analyst Highlights Critical Support Levels for Bitcoin and Positive Outlook for Cardano

Martinez warns of Bitcoin's critical support level risks leading to price drops. He predicts a significant upside for Cardano, suggesting a possible 597% increase. Continue Reading:Analyst Highlights Critical Support Levels for Bitcoin and Positive Outlook for Cardano The post Analyst Highlights Critical Support Levels for Bitcoin and Positive Outlook for Cardano appeared first on COINTURK NEWS.

access time image 12-24-2024 11:44

Bitcoin and Ethereum Face Significant Options Expiry

Bitcoin and Ethereum Face Significant Options Expiry

Bitcoin and Ethereum face major options expiries this December. Market volatility is expected to rise due to upcoming large transactions. Continue Reading:Bitcoin and Ethereum Face Significant Options Expiry The post Bitcoin and Ethereum Face Significant Options Expiry appeared first on COINTURK NEWS.

access time image 12-24-2024 10:14

MicroStrategy Expands Board with New Members to Strengthen Bitcoin Strategy

MicroStrategy Expands Board with New Members to Strengthen Bitcoin Strategy

MicroStrategy adds three new members to its board of directors. The company continues to purchase Bitcoin, increasing its total holdings. Continue Reading:MicroStrategy Expands Board with New Members to Strengthen Bitcoin Strategy The post MicroStrategy Expands Board with New Members to Strengthen Bitcoin Strategy appeared first on COINTURK NEWS.

access time image 12-24-2024 02:14

Our Partners


Get Crypto Newsletter

Our monthly newsletter contains news, updates and exclusive bonus opportunities. You may unsubscribe at any time.