17/02/2023
$23,820.85
โข 13:30
Vol
92
BTC
Buy Bitcoin
->
Market Cap
$466,439,631,563
Diluted Market Cap
$507,685,289,441
Vol 24h
$1,879,286,972
Vol / Market Cap
0.0040
24h Change
-2.91%
1h Change
0.18%
24h High
$25,031.04
24h Low
$23,355.65
Latest Block
777,025
Block Reward
6.25
BitcoinBTC
Bitcoin (BTC) is a decentralized currency that eliminates the need for central authorities such as banks or governments by using a peer-to-peer internet network to confirm transactions directly between users.
$23,820.85
โข 13:30
Vol
92
BTC
Buy Bitcoin
->
Market Cap
$466,439,631,563
Diluted Market Cap
$507,685,289,441
Vol 24h
$1,879,286,972
Vol / Market Cap
0.0040
24h Change
-2.91%
1h Change
0.18%
24h High
$25,031.04
24h Low
$23,355.65
Latest Block
777,025
Block Reward
6.25
Hashes Per Second
-
Circulating Supply
19,293,906
Max Supply
21,000,000
Consensus
Proof of Work
Algorithm
SHA-256
Genesis Block Date
2009-01-03
Data provided by CryptoCompare
A brief history
Bitcoin was created in 2009 by Satoshi Nakamoto, a pseudonymous developer. Bitcoin is designed to be completely decentralized and not controlled by any single authority. With a total supply of 21 million, its scarcity and decentralized nature make it almost impossible to inflate or manipulate. For this reason, many consider bitcoin to be the ultimate store of value or โDigital Goldโ. Bitcoin is fully open-source and operates on a proof-of-work blockchain, a shared public ledger and history of transactions organized into "blocks" that are "chained" together to prevent tampering. This technology creates a permanent record of each transaction. Users on the Bitcoin network verify transactions through a process known as mining, which is designed to confirm new transactions are consistent with older transactions that have been confirmed in the past, ensuring users can not spend a Bitcoin they donโt have or attempt to double-spend coins.
BTC in practice
New coins are created as part of the Bitcoin mining process. Bitcoins are rewarded to miners who operate computer systems that help to secure the network and validate incoming transactions. These Bitcoin miners run full nodes and use specialized hardware otherwise known as Application Specific Integrated Circuit Chips (ASICs) to find and gener