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What is Bitcoin?

Bitcoin is an innovative payment network and a new kind of money. 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. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

What is Bitcoin?

Bitcoin is an innovative payment network and a new kind of money. 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. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

How does Bitcoin work?

From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users. Behind the scenes, the Bitcoin network is sharing a public ledger called the "block chain". This ledger contains every transaction ever processed, allowing a user’s computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending bitcoins from their own Bitcoin addresses. In addition, anyone can process transactions using the computing power of specialized hardware and earn a reward in bitcoins for this service. This is often called "mining". To learn more about Bitcoin, you can consult the dedicated page and the original paper.

Recent Payouts

DateAddressReward
16.08.2022-09:44:43
1875qJLT6gbRNcxysraAE3TMmsGBASF3Mq3 satoshi
16.08.2022-09:44:43
12D2tQqRDsu7MoTn5we6LwQdzGEdPr8fTb3 satoshi
16.08.2022-09:44:32
1PnRvchebcZFpb6W2NSU1M7LjCYAzrK97Q3 satoshi
16.08.2022-09:44:25
1LYHkxMYNtAHBCngQbe61Ejxsb1T6zERCb3 satoshi
16.08.2022-09:43:46
1AqRD3GNEdmCuEFTMbgL6zu2KeXWpxYWim3 satoshi
16.08.2022-09:42:01
1S86AEJtd395jYAYLzLBJcmrDgwf7JSqZ3 satoshi
16.08.2022-09:39:14
14WyK4451SJ7DWhVYMS2XKF2XJfHSTesPQ3 satoshi
16.08.2022-09:39:05
1PnRvchebcZFpb6W2NSU1M7LjCYAzrK97Q3 satoshi
16.08.2022-09:36:00
1GG7UPioumnkVP7RYcWuhoqicGZKZ6C8313 satoshi
16.08.2022-09:35:39
12EpKCGsL9YZKkJnKj4Db6P5zLibLEzFmg3 satoshi

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