Bitcoin
Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks.
Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.
Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on.
The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.
Bitcoin News / Bitcoin.com - 1 month ago
Last week bitcoin’s rally past $94,000 reignited a long-running debate: is one of the world’s most volatile assets finally behaving like a safe haven? This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekl...
Bitcoin News / Google News Bitcoin - 1 month ago
Bitcoin (BTC): Golden Cross Isn't Enough, Shiba Inu (SHIB) Volume Nears 0, XRP Risks Losing $2, but $3 is Possible& & U.Today
Bitcoin News / Bitcoin.com - 1 month ago
Bitcoin could be worth an infinite amount of U.S. dollars, says Tim Draper, sounding alarms over collapsing fiat trust, historic dollar weakness, and accelerating crypto dominance. Tim Draper Urges Bitcoin Readiness Amid Currency Collapse Fears Tim D...
Bitcoin News / Google News Bitcoin - 1 month ago
Bitcoin Holds Above $95K Despite Weak Blockchain Activity — Analytics Firm Explains Why | Bitcoinist.com& & Bitcoinist.com
Bitcoin News / Bitcoinist - 1 month ago
Historically, the Bitcoin price is an indicator of the blockchain’s health, with high activity often correlating with strong and positive price action. However, the largest cryptocurrency market seems to have witnessed a significant shift, with...
More / Bitcoin Reddit - 1 month ago
I've started a page to spread the idea of societal transformation through Bitcoin. The goal is to familiarize people with Bitcoin through street art and dialogue. Unfortunately, our country doesn't prioritize education or science as gui...
More / Bitcoin Reddit - 1 month ago
Did you see the post recently recommending us to allocate 5% of our net worth as a hedge against inflation? Bitcoin is NOT a hedge. It’s the solution. Inflation is the matrix, you are Neo and bitcoin is your orange pill. Choose the orange pill and yo...
Bitcoin News / Google News Bitcoin - 1 month ago
Crypto Analyst Hints at 6x Explosion for Bitcoin, Says Largest BTC Move in Five Years Has Begun& & The Daily Hodl
Bitcoin News / Google News Bitcoin - 1 month ago
BTC News Today: Bitcoin Traders’ Favorite Lottery Ticket for the First Half of the Year — The $300K BTC Call& & CoinDesk
Bitcoin News / Bitcoinist - 1 month ago
In a significant update to the protocol’s long-term roadmap, Ethereum co-founder Vitalik Buterin has called for the simplification of ETH’s base protocol to make the network more efficient and resilient.
How Can Ethereum Achieve Protocol Simpli...
Cryptocoins News / The Cointelegraph - 1 month ago
Strategy co-founder Michael Saylor posted the Bitcoin chart signaling an impending Bitcoin purchase by the company the following day....
More / Bitcoin Reddit - 1 month ago
back in the day i had seti at home running on two PC's i heard about bitcoin via sourceforge and started mining that was around 2010 or 11 then i got divorced in 14, stopped mining and sold off the bitcoin i had at the time. now its 2025. hindsig...
Bitcoin News / Bitcoinist - 1 month ago
Arizona State Governor Katie Hobbs has vetoed a legislative bill that would have allowed the creation of a Bitcoin reserve. The Grand Canyon state joins a growing list of other US states where legislative efforts to direct state investment to Bitcoin...