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Bitcoin is traded on exchanges. It was the first example of a cryptocurrency, a growing asset class that shares some characteristics of traditional currencies, but has verification based on cryptography. The idea for Bitcoin and blockchain was first published in an online cryptography forum in November , by an anonymous person or group called Satoshi Nakamoto.

It further described how a new type of database called a blockchain would keep track of the history of all Bitcoin transactions, and be maintained by everyone in the network. Bitcoin was first released as version 0. Anyone could download the source code and run it to join the network. Satoshi continued to write the Bitcoin code until and then handed it over to the open source community. The smallest unit of a Bitcoin is called a Satoshi after its founder s and represents one-hundred-millionth of a Bitcoin.

The first Bitcoin was created when Satoshi mined the first block of the chain, known as the genesis block. The supply is tightly controlled by an underlying algorithm. So, like gold, there is a limited and finite supply. Unlike the currencies issued by banks and governments, Bitcoin is not vulnerable to losing its value if the centralized issuing authority breaks down.

The decentralized system can continue to operate as long as there are members in the network. The managing of 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.

It is maintained by a group of volunteer coders and run by an open network of dedicated computers spread around the world. Bitcoins are created as a reward for a process known as mining, which comprises adding transaction records or blocks of code to Bitcoin's public ledger or chain of past transactions and keeping them in the queue. Blocks are chopped off as each transaction is finalized, codes deciphered, and Bitcoins passed or exchanged. Miners use special software to solve the math problems that keep the Bitcoin process secure and are issued a certain number of Bitcoins in return.

This provides a smart way to issue the currency and also creates an incentive for more people to mine. Terms Privacy. Advertise API Key. Select a Quote Currency. Home Bitcoin. Bitcoin BTC. Market Cap 24H. Volume 24H. Circulating Supply. Bitcoin Cash. Bitcoin SV. Database and Full Node dumps. Insert TSV-files into your database server and run your analysis. Get Full node dumps to speed up your node synchronization.

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Catch up with the latest news from 60 biggest crypto outlets. Available in 11 languages. Blockchair Donut. Donate to amazing nonprofits and open-source projects. Help crypto adoption and reduce tax payments. Compare crypto by size, fees, transactions per second, and more. Track upcoming hard forks and latest updates to cryptocurrency clients, like Bitcoin Core and Geth. Get Blockchair extension. Blockchair brings the search engine for 17 blockchains to your browser.

Learn about node accessibility, locations, consensus and more. This site is available in English, switch the language? No Yes. Request URI. Earn while you sleep. Earn now. Sponsored Advertise here Turn off ads. Show script. Op 0 d31f95feacd0d2af0dbaae Copy. TODO: Make payment request form [—] Choose amount select [—] Custom amount input [—] Payment amount text [—] Recomended fee text [—] Address: bc1q6v0etl4v6rf2gsflpkmxj64ztyecugpfkg.

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