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Bitcoin price today, BTC to USD live price, marketcap and chart | CoinMarketCap
oin price today, BTC to USD live price, marketcap and chart | CoinMarketCapCryptos: 2.2M+Exchanges: 721Market Cap: $2.52T0.15%24h Vol: $158.86B37.40%Dominance: BTC: 52.2% ETH: 18.1% ETH Gas: 51 Gwei Fear & Greed: 88/100CryptocurrenciesCryptocurrenciesRankingCategoriesGlobal ChartsHistorical SnapshotsBitcoin ETFsLeaderboardsTrendingRecently AddedGainers & LosersMost VisitedNFTOverall NFT StatsTop CollectionsUpcoming SalesOn Chain DataDex PairsChain RankingHot DEX PairsExchangesSpotDerivativesDEXCommunityFeedsTopicsLivesArticlesProductsPRODUCTSConverterCMC LabsTelegram BotCrypto APISite WidgetsCAMPAIGNSAirdropsDiamond RewardsLearn & EarnCALENDARSICO CalendarEvents CalendarLearnNewsAcademyResearchVideosGlossaryHalving: 43DWatchlistPortfolioSearch/Bitcoin price BTC$66,823.62 0.29% (1d)Bitcoin to USD ChartLoading DataPlease wait a moment. Add to watchlist Bitcoin statisticsMarket cap 0.34%$1,313,471,789,468#1Volume (24h) 42.81%$57,935,427,905#2Volume/Market cap (24h) 4.41%Circulating supply 19,647,137 BTC93.56%Total supply 19,647,137 BTCMax. supply 21,000,000 BTCFully diluted market cap $1,403,914,859,393Official linksWebsiteWhitepaperGitHubSocialsRedditRating · Based on 2 institutional ratings4.9 Network informationChain explorersSupported walletsUCID1 BTC to USD ConverterBTCUSDPrice performance24h Low$64,855.81High$67,572.23All-time highMar 05, 2024 (2 days ago)$69,170.63-3.35%All-time lowJul 14, 2010 (14 years ago)$0.04865+137426094.22%See historical dataPopularityIn watchlists4,619,470x28th / 8.9KTagsMineablePoWSHA-256Show allMore informationDo you own this project? Update Token Info Loading DataPlease wait a moment. Bitcoin community Bitcoin marketsALLCEXDEXSpotPerpetualFuturesAll pairsLoading data...Show full widthDisclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate DisclosureBitcoin news About BitcoinWhat Is Bitcoin (BTC)?Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.Who Are the Founders of Bitcoin?Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time.However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features.Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.What Makes Bitcoin Unique?Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.How Much Bitcoin Is in Circulation?Bitcoin’s total supply is limited by its software and will never exceed 21,000,000 coins. New coins are created during the process known as “mining”: as transactions are relayed across the network, they get picked up by miners and packaged into blocks, which are in turn protected by complex cryptographic calculations.As compensation for spending their computational resources, the miners receive rewards for every block that they successfully add to the blockchain. At the moment of Bitcoin’s launch, the reward was 50 bitcoins per block: this number gets halved with every 210,000 new blocks mined — which takes the network roughly four years. As of 2020, the block reward has been halved three times and comprises 6.25 bitcoins.Bitcoin has not been premined, meaning that no coins have been mined and/or distributed between the founders before it became available to the public. However, during the first few years of BTC’s existence, the competition between miners was relatively low, allowing the earliest network participants to accumulate significant amounts of coins via regular mining: Satoshi Nakamoto alone is believed to own over a million Bitcoin.Mining Bitcoins can be very profitable for miners, depending on the current hash rate and the price of Bitcoin. While the process of mining Bitcoins is complex, we discuss how long it takes to mine one Bitcoin on CoinMarketCap Alexandria — as we wrote above, mining Bitcoin is best understood as how long it takes to mine one block, as opposed to one Bitcoin. As of mid-September 2021, the Bitcoin mining reward is capped to 6.25 BTC after the 2020 halving, which is roughly $299,200 in Bitcoin price today.How Is the Bitcoin Network Secured?Bitcoin is secured with the SHA-256 algorithm, which belongs to the SHA-2 family of hashing algorithms, which is also used by its fork Bitcoin Cash (BCH), as well as several other cryptocurrencies.What Is Bitcoin’s Role as a Store of Value?Bitcoin is the first decentralized, peer-to-peer digital currency. One of its most important functions is that it is used as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. However, the latter store-of-value function has been debated. Many crypto enthusiasts and economists believe that high-scale adoption of the top currency will lead us to a new modern financial world where transaction amounts will be denominated in smaller units.The smallest units of Bitcoin, 0.00000001 BTC, are called Satoshis (or Sats in short), in a nod to the pseudonymous creator. At Bitcoin price now, 1 Satoshi is equivalent to roughly $0.00048.The top crypto is considered a store of value, like gold, for many — rather than a currency. This idea of the first cryptocurrency as a store of value, instead of a payment method, means that many people buy the crypto and hold onto it long-term (or HODL) rather than spending it on items like you would typically spend a dollar — treating it as digital gold.How Is Bitcoin’s Technology Upgraded?A hard fork is a radical change to the protocol that makes previously invalid blocks/transactions valid, and therefore requires all users to upgrade. For example, if users A and B are disagreeing on whether an incoming transaction is valid, a hard fork could make the transaction valid to users A and B, but not to user C.A hard fork is a protocol upgrade that is not backward compatible. This means every node (computer connected to the Bitcoin network using a client that performs the task of validating and relaying transactions) needs to upgrade before the new blockchain with the hard fork activates and rejects any blocks or transactions from the old blockchain. The old blockchain will continue to exist and will continue to accept transactions, although it may be incompatible with other newer Bitcoin clients.A soft fork is a change to the Bitcoin protocol wherein only previously valid blocks/transactions are made invalid. Since old nodes will recognise the new blocks as valid, a soft fork is backward-compatible. This kind of fork requires only a majority of the miners upgrading to enforce the new rules.Some examples of prominent cryptocurrencies that have undergone hard forks are the following: Bitcoin’s hard fork that resulted in Bitcoin Cash, Ethereum’s hard fork that resulted in Ethereum Classic.Bitcoin Cash has been hard forked since its original forking, with the creation of Bitcoin SV. Read more about the difference between Bitcoin, Bitcoin Cash and Bitcoin SV here.What Is Taproot?Taproot is a soft fork that bundles together BIP 340, 341 and 342 and aims to improve the scalability, efficiency, and privacy of the blockchain by introducing several new features.The two major changes are the introduction of the Merkelized Abstract Syntax Tree (MAST) and Schnorr Signature. MAST introduces a condition allowing the sender and recipient of a transaction to sign off on its settlement together. Schnorr Signature allows users to aggregate several signatures into one for a single transaction. This results in multi-signature transactions looking the same as regular transactions or more complex ones. By introducing this new address type, users can also save on transaction fees, as even complex transactions look like simple, single-signature ones.Although HODLers will probably not notice a big impact, Taproot could become a key milestone to equipping the network with smart contract functionality. In particular, Schnorr Signatures would lay the foundation for more complex applications to be built on top of the existing blockchain, as users start switching to Taproot addresses primarily. If adopted by users, Taproot could, in the long run, result in the network developing its own DeFi ecosystem that rivals those on alternative blockchains like Ethereum.What Is the Lightning Network?The Lightning Network is an off-chain, layered payment protocol that operates bidirectional payment channels which allows instantaneous transfer with instant reconciliation. It enables private, high volume and trustless transactions between any two parties. The Lightning Network scales transaction capacity without incurring the costs associated with transactions and interventions on the underlying blockchain.Who Are the Largest Corporate Holders of Bitcoin?A few years ago, the idea that a publicly traded company might hold Bitcoin on its balance sheets seemed highly laughable. The flagship cryptocurrency was considered to be too volatile to be adopted by any serious business. Many top investors, including Warren Buffett, labeled the asset a “bubble waiting to pop.”This negative sentiment appears to have been broken, with a number of corporate behemoths buying up Bitcoin since 2020. In particular, business intelligence firm MicroStrategy set the pace after it bought $425 million worth of Bitcoin in August and September 2020. Since then, many others have followed suit, including EV manufacturer Tesla.MicroStrategy has by far the largest Bitcoin portfolio held by any publicly-traded company. The business analytics platform has adopted Bitcoin as its primary reserve asset, aggressively buying the cryptocurrency through 2021 and 2022. As of August 30, 2022, the company had 129,699 Bitcoin in its reserve, equivalent to just over $2.5 billion.Other top corporate holders include Marathon Digital Holdings, with 10,054 BTC, Coinbase (9,000), Square Inc. (8,027), and Hut 8 Mining Corp. (7,078).Is Bitcoin Political?Bitcoin is becoming more political by the day, particularly after El Salvador began accepting the currency as legal tender. The country's president, Nayib Bukele, announced and implemented the decision almost unilaterally, dismissing criticism from his citizens, the Bank of England, the IMF, Vitalik Buterin and many others. Since the Bitcoin legal tender law was passed in September 2021, Bukele has also announced plans to build Bitcoin City, a city fully based on mining Bitcoin with geothermal energy from volcanoes.Countries like Mexico, Russia and others have been rumored to be candidates also to accept Bitcoin as legal tender, but thus far, El Salvador stands alone.On the flip side, countries like China have moved to heavily clamp down on Bitcoin mining and trading activities. In May 2021, the Chinese government declared that all crypto-related transactions are illegal. This was followed by a heavy crackdown on Bitcoin mining operations, forcing many crypto-related businesses to flee to friendlier regions.Surprisingly, the anti-crypto stance of the Chinese government has done little to stop the industry. According to data by the University of Cambridge, China is now the second-biggest contributor to Bitcoin's global hash rate, only behind the United States.How Much Is Bitcoin?The current valuation of Bitcoin is constantly moving, all day every day. It is a truly global asset. From a start of under one cent per coin, BTC has risen in price by thousands of percent to the numbers you see above. The prices of all cryptocurrencies are quite volatile, meaning that anyone’s understanding of how much Bitcoin is will change by the minute. However, there are times when different countries and exchanges show different prices and understanding how much Bitcoin is will be a function of a person’s location.Where Can You Buy Bitcoin (BTC)?Bitcoin is, in many regards, almost synonymous with cryptocurrency, which means that you can buy Bitcoin on virtually every crypto exchange — both for fiat money and other cryptocurrencies. Some of the main markets where BTC trading is available are:BinanceCoinbase ProOKExKrakenHuobi GlobalBitfinexIf you are new to crypto, use CoinMarketCap’s own educational portal — Alexandria — to learn how to start buying Bitcoin and other cryptocurrencies.Related Pages:Looking for market and blockchain data for BTC? Visit our block explorer.Want to buy Bitcoin? Use CoinMarketCap’s guide.Want to keep track of Bitcoin prices live? Download the CoinMarketCap mobile app!Want to convert Bitcoin price today to your desired fiat currency? Check out CoinMarketCap exchange rate calculator.Should you buy Bitcoin with PayPal?What is wrapped Bitcoin?Will Bitcoin volatility ever reduce?How to use a Bitcoin ATMBitcoin Energy ConsumptionOver the past few decades, consumers have become more curious about their energy consumption and personal effects on climate change. When news stories started swirling regarding the possible negative effects of Bitcoin’s energy consumption, many became concerned about Bitcoin and criticized this energy usage. A report found that each Bitcoin transaction takes 1,173 KW hours of electricity, which can “power the typical American home for six weeks.” Another report calculates that the energy required by Bitcoin annually is more than the annual hourly energy usage of Finland, a country with a population of 5.5 million.The news has produced commentary from tech entrepreneurs to environmental activists to political leaders alike. In May 2021, Tesla CEO Elon Musk even stated that Tesla would no longer accept the cryptocurrency as payment, due to his concern regarding its environmental footprint. Though many of these individuals have condemned this issue and move on, some have prompted solutions: how do we make Bitcoin more energy efficient? Others have simply taken the defensive position, stating that the Bitcoin energy problem may be exaggerated.At present, miners are heavily reliant on renewable energy sources, with estimates suggesting that Bitcoin’s use of renewable energy may span anywhere from 40-75%. However, to this point, critics claim that increasing Bitcoin’s renewable energy usage will take away from solar sources powering other sectors and industries like hospitals, factories or homes. The Bitcoin mining community also attests that the expansion of mining can help lead to the construction of new solar and wind farms in the future.Furthermore, some who defend Bitcoin argue that the gold and banking sector — individually — consume twice the amount of energy as Bitcoin, making the criticism of Bitcoin’s energy consumption a nonstarter. Moreover, the energy consumption of Bitcoin can easily be tracked and traced, which the same cannot be said of the other two sectors. Those who defend Bitcoin also note that the complex validation process creates a more secure transaction system, which justifies the energy usage.Another point that Bitcoin proponents make is that the energy usage required by Bitcoin is all-inclusive such that it encompasess the process of creating, securing, using and transporting Bitcoin. Whereas with other financial sectors, this is not the case. For example, when calculating the carbon footprint of a payment processing system like Visa, they fail to calculate the energy required to print money or power ATMs, or smartphones, bank branches, security vehicles, among other components in the payment processing and banking supply chain.What exactly are governments and nonprofits doing to reduce Bitcoin energy consumption? Earlier this year in the U.S., a congressional hearing was held on the topic where politicians and tech figures discussed the future of crypto mining in the U.S, specifically highlighting their concerns regarding fossil fuel consumption. Leaders also discussed the current debate surrounding the coal-to-crypto trend, particularly regarding the number of coal plants in New York and Pennsylvania that are in the process of being repurposed into mining farms.Aside from congressional hearings, there are private sector crypto initiatives dedicated to solving environmental issues such as the Crypto Climate Accord and Bitcoin Mining Council. In fact, the Crypto Climate Accord proposes a plan to eliminate all greenhouse gas emissions by 2040, And, due to the innovative potential of Bitcoin, it is reasonable to believe that such grand plans may be achieved.Crypto WalletsThe most popular wallets for cryptocurrency include both hot and cold wallets. Cryptocurrency wallets vary from hot wallets and cold wallets. Hot wallets are able to be connected to the web, while cold wallets are used for keeping large amounts of coins outside of the internet.Some of the top crypto cold wallets are Trezor, Ledger and CoolBitX. Some of the top crypto hot wallets include Exodus, Electrum and Mycelium.Still not sure of which wallet to use? Check out CoinMarketCap Alexandria’s guide on the top cold wallets of 2021 and top hot wallets of 2021. Bitcoin analyticsLoading...Most Visited CryptocurrenciesGlobal PricesBTC/USDUnited States Dollar$66,823.62BTC/EUREuro€61,341.34BTC/GBPPound Sterling£52,475.38BTC/CNYChinese Yuan¥481,029.82BTC/CADCanadian Dollar$90,295.41BTC/AUDAustralian Dollar$101,404.71BTC/JPYJapanese Yen¥9,881,141.66BTC/KRWSouth Korean Won₩88,829,868.21BTC/RUBRussian Ruble₽6,063,849.26BTC/INRIndian Rupee₹5,532,427.55BTC/BRLBrazilian RealR$330,449.48BTC/TRYTurkish Lira₺2,128,118.42BTC/PHPPhilippine Peso₱3,731,264.00People also watchEthereum$3,802.471.16%yearn.finance$9,572.551.04%Band Protocol$2.435.39%Gather$0.0030892.65%1irstcoin$0.000.00%GoldMint$0.0337560.27%Uniswap$14.990.28%Firo$2.010.55%Chainlink$19.992.08%Oasis Network$0.17036.88%TrendingPepe$0.00000682115.72%dogwifhat$1.7814.04%Meme Ai$0.00415665.48%Fetch.ai$2.7140.40%Shiba Inu$0.0000316416.59%Bitcoin Price Live DataThe live Bitcoin price today is $66,853.09 USD with a 24-hour trading volume of $57,935,427,905 USD. We update our BTC to USD price in real-time. Bitcoin is down 0.34% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $1,313,471,789,468 USD. It has a circulating supply of 19,647,137 BTC coins and a max. supply of 21,000,000 BTC coins.If you would like to know where to buy Bitcoin at the current rate, the top cryptocurrency exchanges for trading in Bitcoin stock are currently Binance, OKX, Bybit, UEEx, and DigiFinex. You can find others listed on our crypto exchanges page.CryptocurrenciesCoinsBitcoinProductsCMC LabsChatGPT PluginCrypto APICrypto IndicesDoodlesSitemapAdvertiseCompanyAbout usTerms of usePrivacy PolicyCookie preferencesCookie policyCommunity RulesDisclaimerMethodologyCareersWe’re hiring!SupportRequest FormContact SupportFAQGlossarySocialsX (Twitter)CommunityTelegramInstagramFacebookRedditLinkedIn© 2024 CoinMarketCap. All rights reservedBitcoin - Wikipedia
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1History
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1.1Background
1.22008–2009: Creation
1.32010–2012: Early growth
1.42013–2014: First regulatory actions
1.52015–2019
1.62020–present
2Design
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2.1Units and divisibility
2.2Blockchain
2.3Addresses and transactions
2.4Mining
2.5Privacy and fungibility
2.6Wallets
2.7Scalability and decentralization challenges
3Economics and usage
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3.1Bitcoin's theoretical roots and ideology
3.2Recognition as a currency and legal status
3.3Use for payments
3.4Use for investment and status as an economic bubble
4See also
5Notes
6References
7Further reading
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Bitcoin
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From Wikipedia, the free encyclopedia
Decentralized digital currency
For the colloquial expression for coinage, see Bit (money).
"₿" redirects here. Not to be confused with "฿" for Thai baht.
BitcoinLogo of BitcoinDenominationsPluralBitcoinsSymbol₿(Unicode: U+20BF ₿ BITCOIN SIGN)[1]CodeBTC[a]Precision10−8Subunits 1⁄1000Millibitcoin 1⁄1000000Microbitcoin 1⁄100000000Satoshi[b][2]DevelopmentOriginal author(s)Satoshi NakamotoWhite paper"Bitcoin: A Peer-to-Peer Electronic Cash System"Implementation(s)Bitcoin CoreInitial release0.1.0 / 9 January 2009 (15 years ago) (2009-01-09)Latest release25.1 / 19 October 2023 (4 months ago) (2023-10-19)[3]Code repositorygithub.com/bitcoin/bitcoinDevelopment statusActiveWritten inC++Source modelFree and open-source softwareLicenseMIT LicenseLedgerLedger start3 January 2009 (15 years ago) (2009-01-03)Timestamping schemeProof of work (partial hash inversion)Hash functionSHA-256 (two rounds)Issuance scheduleDecentralized (block reward)Initially ₿50 per block, halved every 210,000 blocksBlock reward₿6.25 (as of 2023[update])Block time10 minutesCirculating supply₿19,591,231 (as of 6 January 2024[update])Supply limit₿21,000,000[c]ValuationExchange rateFloatingDemographicsOfficial user(s)El Salvador[4]
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Bitcoin (abbreviation: BTC[a]; sign: ₿) is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that requires increasing quantities of electricity and guarantees the security of the bitcoin blockchain.[5]
Based on a free market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person.[6] Use of bitcoin as a currency began in 2009,[7] with the release of its open-source implementation.[8]: ch. 1 In 2021, El Salvador adopted it as legal tender.[4] Bitcoin is currently used more as a store of value and less as a medium of exchange or unit of account. It is mostly seen as an investment and has been described by many scholars as an economic bubble.[9] As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries as of 2021[update].[10]
History
Main article: History of bitcoin
Background
Before bitcoin, several digital cash technologies were released, starting with David Chaum's ecash in the 1980s.[11] The idea that solutions to computational puzzles could have some value was first proposed by cryptographers Cynthia Dwork and Moni Naor in 1992.[11] The concept was independently rediscovered by Adam Back who developed Hashcash, a proof-of-work scheme for spam control in 1997.[11] The first proposals for distributed digital scarcity-based cryptocurrencies came from cypherpunks Wei Dai (b-money) and Nick Szabo (bit gold) in 1998.[12] In 2004, Hal Finney developed the first currency based on reusable proof of work.[13] These various attempts were not successful:[11] Chaum's concept required centralized control and no banks wanted to sign on, Hashcash had no protection against double-spending, while b-money and bit gold were not resistant to Sybil attacks.[11]
2008–2009: Creation
External image Cover page of The Times 3 January 2009 showing the headline used in the genesis block
Bitcoin logos made by Satoshi Nakamoto in 2009 (left) and 2010 (right) depict bitcoins as gold tokens.
The domain name bitcoin.org was registered on 18 August 2008.[14] On 31 October 2008, a link to a white paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list.[15] Nakamoto implemented the bitcoin software as open-source code and released it in January 2009.[7] Nakamoto's identity remains unknown.[6] All individual components of bitcoin originated in earlier academic literature.[11] Nakamoto's innovation was their complex interplay resulting in the first decentralized, Sybil resistant, Byzantine fault tolerant digital cash system, that would eventually be referred to as the first blockchain.[11][16] Nakamoto's paper was not peer reviewed and was initially ignored by academics, who argued that it could not work, based on theoretical models, even though it was working in practice.[11]
On 3 January 2009, the bitcoin network was created when Nakamoto mined the starting block of the chain, known as the genesis block.[17] Embedded in this block was the text "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks", which is the date and headline of an issue of The Times newspaper.[7] Nine days later, Hal Finney received the first bitcoin transaction: ten bitcoins from Nakamoto.[18] Wei Dai and Nick Szabo were also early supporters.[17] In 2010, the first known commercial transaction using bitcoin occurred when programmer Laszlo Hanyecz bought two Papa John's pizzas for ₿10,000.[19]
2010–2012: Early growth
Blockchain analysts estimate that Nakamoto had mined about one million bitcoins[20] before disappearing in 2010 when he handed the network alert key and control of the code repository over to Gavin Andresen. Andresen later became lead developer at the Bitcoin Foundation,[21][22] an organization founded in September 2012 to promote bitcoin.[23]
After early "proof-of-concept" transactions, the first major users of bitcoin were black markets, such as the dark web Silk Road. During its 30 months of existence, beginning in February 2011, Silk Road exclusively accepted bitcoins as payment, transacting ₿9.9 million, worth about $214 million.[24]: 222
2013–2014: First regulatory actions
In March 2013, the US Financial Crimes Enforcement Network (FinCEN) established regulatory guidelines for "decentralized virtual currencies" such as bitcoin, classifying American bitcoin miners who sell their generated bitcoins as money services businesses, subject to registration and other legal obligations.[25] In May 2013, US authorities seized the unregistered exchange Mt. Gox.[26] In June 2013, the US Drug Enforcement Administration seized ₿11.02 from a man attempting to use them to buy illegal substances. This marked the first time a government agency had seized bitcoins.[27] The FBI seized about ₿30,000 in October 2013 from Silk Road, following the arrest of its founder Ross Ulbricht.[28]
In December 2013, the People's Bank of China prohibited Chinese financial institutions from using bitcoin.[29] After the announcement, the value of bitcoin dropped,[30] and Baidu no longer accepted bitcoins for certain services.[31] Buying real-world goods with any virtual currency had been illegal in China since at least 2009.[32]
2015–2019
Research produced by the University of Cambridge estimated that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.[33] In August 2017, the SegWit software upgrade was activated. Segwit was intended to support the Lightning Network as well as improve scalability.[34] SegWit opponents, who supported larger blocks as a scalability solution, forked to create Bitcoin Cash, one of many forks of bitcoin.[35]
In December 2017, the first futures on bitcoin was introduced by the CME.[36]
In February 2018, price crashed after China imposed a complete ban on Bitcoin trading.[37] The percentage of bitcoin trading in the Chinese renminbi fell from over 90% in September 2017 to less than 1% in June 2018.[38] During the same year, Bitcoin prices were negatively affected by several hacks or thefts from cryptocurrency exchanges.[39]
2020–present
Bitcoin price in US dollars
In 2020, some major companies and institutions started to acquire bitcoin: MicroStrategy invested $250 million in bitcoin as a treasury reserve asset,[40] Square, Inc., $50 million,[41] and MassMutual, $100 million.[42] In November 2020, PayPal added support for bitcoin in the US.[43]
In February 2021, Bitcoin's market capitalization reached $1 trillion for the first time.[44] In November 2021, the Taproot soft-fork upgrade was activated, adding support for Schnorr signatures, improved functionality of smart contracts and Lightning Network.[45] Before, Bitcoin only used a custom elliptic curve with the ECDSA algorithm to produce signatures.[46]: 101 In September 2021, Bitcoin became legal tender in El Salvador, alongside the US dollar.[4] In October 2021, the first bitcoin futures ETF, called BITO, from ProShares was approved by the SEC and listed on the Chicago Mercantile Exchange.[47]
In May and June 2022, the bitcoin price fell following the collapses of TerraUSD, a stablecoin,[48] and the Celsius Network, a cryptocurrency loan company.[49][50]
In 2023, ordinals, non-fungible tokens (NFTs) on Bitcoin, went live.[51] In January 2024, the first 11 US spot bitcoin exchange-traded funds (ETFs) began trading, offering direct exposure to bitcoin for the first time on American stock exchanges.[52][53]
Design
Main article: Bitcoin protocol
Units and divisibility
The unit of account of the bitcoin system is the bitcoin. It is most commonly represented with the currency code BTC[a] as well as the symbol ₿.[1] XBT, a code that conforms to ISO 4217 though not officially part of it, is used by Bloomberg L.P.[54]
No uniform capitalization convention exists; some sources use Bitcoin, capitalized, to refer to the technology and network, and bitcoin, lowercase, for the unit of account.[55] The Oxford English Dictionary advocates the use of lowercase bitcoin in all cases.[56]
One bitcoin is divisible to eight decimal places.[8]: ch. 5 Units for smaller amounts of bitcoin are the millibitcoin (mBTC), equal to 1⁄1000 bitcoin, and the satoshi[b] (sat), representing 1⁄100000000 (one hundred millionth) bitcoin, the smallest amount possible.[2] 100,000 satoshis are one mBTC.[57]
Blockchain
Further information: Blockchain § Structure and design
As a decentralized system, bitcoin operates without a central authority or single administrator,[58] so that anyone can create a new bitcoin address and transact without needing any approval.[8]: ch. 1 This is accomplished through a specialized distributed ledger called a blockchain that records bitcoin transactions.[59]
The blockchain is implemented as an ordered list of blocks. Each block contains a SHA-256 hash of the previous block,[59] "chaining" them in chronological order.[8]: ch. 7 [59] The blockchain is maintained by a peer-to-peer network.[24]: 215–219 Individual blocks, public addresses, and transactions within blocks are public information, and can be examined using a blockchain explorer.[60]
Nodes validate and broadcast transactions, each maintaining a copy of the blockchain for ownership verification.[61] A new block is created every 10 minutes on average, updating the blockchain across all nodes without central oversight. This process tracks bitcoin spending, ensuring each bitcoin is spent only once. Unlike a traditional ledger that tracks physical currency, bitcoins exist digitally as unspent outputs of transactions.[8]: ch. 5
Addresses and transactions
Simplified chain of ownership. In practice, a transaction can have more than one input and more than one output.[62]
In the blockchain, bitcoins are linked to specific addresses that are hashes of a public key. Creating an address involves generating a random private key and then computing the corresponding address. This process is almost instant, but the reverse (finding the private key for a given address) is nearly impossible.[8]: ch. 4 Publishing a bitcoin address does not risk its private key, and it is extremely unlikely to accidentally generate a used key with funds. To use bitcoins, owners need their private key to digitally sign transactions, which are verified by the network using the public key, keeping the private key secret.[8]: ch. 5
Bitcoin transactions use a Forth-like scripting language,[8]: ch. 5 involving one or more inputs and outputs. When sending bitcoins, a user specifies the recipients' addresses and the amount for each output. This allows sending bitcoins to several recipients in a single transaction. To prevent double-spending, each input must refer to a previous unspent output in the blockchain.[62] Using multiple inputs is similar to using multiple coins in a cash transaction. As in a cash transaction, the sum of inputs can exceed the intended sum of payments. In such a case, an additional output can return the change back to the payer.[62] Unallocated input satoshis in the transaction become the transaction fee.[62]
Losing a private key means losing access to the bitcoins, with no other proof of ownership accepted by the protocol.[24] For instance, in 2013, a user lost ₿7,500, valued at US$7.5 million, by accidentally discarding a hard drive with the private key.[63] It is estimated that around 20% of all bitcoins are lost.[64] The private key must also be kept secret as its exposure, such as through a data breach, can lead to theft of the associated bitcoins.[8]: ch. 10 [65] As of December 2017[update], approximately ₿980,000 had been stolen from cryptocurrency exchanges.[66]
Mining
See also: Bitcoin protocol § Mining
Bitcoin mining facility with large amounts of mining hardware
The mining process in Bitcoin involves maintaining the blockchain through computer processing power. Miners group and broadcast new transactions into blocks, which are then verified by the network.[59] Each block must contain a proof of work (PoW) to be accepted,[59] involving finding a nonce number that, combined with the block content, produces a hash numerically smaller than the network's difficulty target.[8]: ch. 8 This PoW is simple to verify but hard to generate, requiring many attempts.[8]: ch. 8 PoW forms the basis of Bitcoin's consensus mechanism.[67]
The difficulty of generating a block is deterministically adjusted based on the mining power on the network by changing the difficulty target, which is recalibrated every 2,016 blocks (approximately two weeks) to maintain an average time of ten minutes between new blocks. The process requires significant computational power and specialized hardware.[8]: ch. 8 [68]
Miners who successfully find a new block can collect transaction fees from the included transactions and a set reward in bitcoins.[69] To claim this reward, a special transaction called a coinbase is included in the block, with the miner as the payee. All bitcoins in existence have been created through this type of transaction.[8]: ch. 8 This reward is halved every 210,000 blocks until ₿21 million,[c] with new bitcoin issuance slated to end around 2140. Afterward, miners will only earn from transaction fees. These fees are determined by the transaction's size and the amount of data stored, measured in satoshis per byte.[70][62][8]: ch. 8
The proof of work system and the chaining of blocks make blockchain modifications very difficult, as altering one block requires changing all subsequent blocks. As more blocks are added, modifying older blocks becomes increasingly challenging.[71][59] In case of disagreement, nodes trust the longest chain, which required the greatest amount of effort to produce.[67] To tamper or censor the ledger, one needs to control the majority of the global hashrate.[67] The high cost required to reach this level of computational power guarantees the security of the bitcoin blockchain.[67]
Bitcoin mining's environmental impact is controversial and has attracted the attention of regulators, leading to restrictions or incentives in various jurisdictions.[72] As of 2022[update], a non-peer-reviewed study by the Cambridge Centre for Alternative Finance (CCAF) estimated that bitcoin mining represented 0.4% of global electricity consumption.[73] Another 2022 non-peer-reviewed commentary published in Joule estimated that bitcoin mining was responsible for 0.2% of world greenhouse gas emissions.[74] About half of the electricity used is generated through fossil fuels.[75] Moreover, mining hardware's short lifespan results in electronic waste.[76] The amount of electrical energy and e-waste generated by bitcoin mining is often compared with countries like Greece or the Netherlands.[76][74]
Privacy and fungibility
Bitcoin is pseudonymous, with funds linked to addresses, not real-world identities. While the owners of these addresses are not directly identified, all transactions are public on the blockchain. Patterns of use, like spending coins from multiple inputs, can hint at a common owner. Public data can sometimes be matched with known address owners.[77] Bitcoin exchanges might also need to collect personal data as per legal requirements.[78] For enhanced privacy, users can generate a new address for each transaction.[79]
In the Bitcoin network, each bitcoin is treated equally, ensuring basic fungibility. However, users and applications can choose to differentiate between bitcoins. While wallets and software treat all bitcoins the same, each bitcoin's transaction history is recorded on the blockchain. This public record allows for chain analysis, where users can identify and potentially reject bitcoins from controversial sources.[80] For example, in 2012, Mt. Gox froze accounts containing bitcoins identified as stolen.[81]
Wallets
For broader coverage of this topic, see Cryptocurrency wallet.
Screenshot of Bitcoin CoreA paper wallet with the address as a QR code while the private key is hiddenA hardware wallet which processes bitcoin transactions without exposing private keys
Bitcoin wallets were the first cryptocurrency wallets, enabling users to store the information necessary to transact bitcoins.[82][8]: ch. 1, glossary The first wallet program, simply named Bitcoin, and sometimes referred to as the Satoshi client, was released in 2009 by Nakamoto as open-source software.[7] Bitcoin Core is among the best known clients. Forks of Bitcoin Core exist such as Bitcoin Unlimited.[83] Wallets can be full clients, with a full copy of the blockchain to check the validity of mined blocks,[8]: ch. 1 or lightweight clients, just to send and receive transactions without a local copy of the entire blockchain.[84] Third-party internet services called online wallets store users' credentials on their servers, making them susceptible of hacks.[85] "Cold storage" protects bitcoins from such hacks by keeping private keys offline, either through specialized hardware wallets or paper printouts.[86][8]: ch. 4
Scalability and decentralization challenges
Nakamoto limited the block size to one megabyte.[87] The limited block size and frequency can lead to delayed processing of transactions, increased fees and a Bitcoin scalability problem.[88] The Lightning Network, second-layer routing network, is a potential scaling solution.[8]: ch. 8
Research shows a trend towards centralization in bitcoin as miners join pools for stable income.[24]: 215, 219–222 [89]: 3 If a single miner or pool controls more than 50% of the hashing power, it would allow them to censor transactions and double-spend coins.[58] In 2014, mining pool Ghash.io reached 51% mining power, causing safety concerns, but later voluntarily capped its power at 39.99% for the benefit of the whole network.[90] A few entities also dominate other parts of the ecosystem such as the client software, online wallets, and simplified payment verification (SPV) clients.[58]
Economics and usage
Main article: Economics of bitcoin
Bitcoin's theoretical roots and ideology
See also: Crypto-anarchism
External videos The Declaration Of Bitcoin's Independence, BraveTheWorld, 4:38According to the European Central Bank, the decentralization of money offered by bitcoin has its theoretical roots in the Austrian school of economics, especially with Friedrich von Hayek's book The Denationalization of Money, in which he advocates a complete free market in the production, distribution and management of money to end the monopoly of central banks.[91]: 22 Sociologist Nigel Dodd, citing the crypto-anarchist Declaration of Bitcoin's Independence, argues that the essence of the bitcoin ideology is to remove money from social, as well as governmental, control.[92] The Economist describes bitcoin as "a techno-anarchist project to create an online version of cash, a way for people to transact without the possibility of interference from malicious governments or banks".[93] These philosophical ideas initially attracted libertarians and anarchists.[94] Economist Paul Krugman argues that cryptocurrencies like bitcoin are only used by bank skeptics and criminals.[95]
Recognition as a currency and legal status
Legal status of bitcoin Legal tender (bitcoin is officially recognized as a medium of exchange) Permissive (legal to use bitcoin, with minimal or no restrictions) Restricted (some legal restrictions on the usage of bitcoin) Contentious (interpretation of old laws, but bitcoin is not directly prohibited) Prohibited (full or partial prohibition on the use of bitcoin) No data (no information available) vte
Money serves three purposes: a store of value, a medium of exchange, and a unit of account.[96] According to The Economist in 2014, bitcoin functions best as a medium of exchange.[96] In 2015, The Economist noted that bitcoins had three qualities useful in a currency: they are "hard to earn, limited in supply and easy to verify".[97] However, a 2018 assessment by The Economist stated that cryptocurrencies met none of these three criteria.[93] Per some researchers, as of 2015[update], bitcoin functions more as a payment system than as a currency.[24] In 2014, economist Robert J. Shiller wrote that bitcoin has potential as a unit of account for measuring the relative value of goods, as with Chile's Unidad de Fomento, but that "Bitcoin in its present form ... doesn't really solve any sensible economic problem".[98] François R. Velde, Senior Economist at the Chicago Fed, described bitcoin as "an elegant solution to the problem of creating a digital currency".[99] David Andolfatto, Vice President at the Federal Reserve Bank of St. Louis, stated that bitcoin is a threat to the establishment, which he argues is a good thing for the Federal Reserve System and other central banks, because it prompts these institutions to operate sound policies.[100]
The legal status of bitcoin varies substantially from one jurisdiction to another. Because of its decentralized nature and its global presence, regulating bitcoin is difficult. However, the use of bitcoin can be criminalized, and shutting down exchanges and the peer-to-peer economy in a given country would constitute a de facto ban.[101] The use of bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, and law enforcement.[102] Nobel-prize winning economist Joseph Stiglitz says that bitcoin's anonymity encourages money laundering and other crimes.[103] This is the main justification behind bitcoin bans.[10] As of November 2021[update], nine countries applied an absolute ban (Algeria, Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar, and Tunisia) while another 42 countries had an implicit ban.[104][needs update] Bitcoin is only legal tender in El Salvador.[4]
Use for payments
Café in Delft accepting Bitcoin
As of 2018[update], Bitcoin is rarely used in transactions with merchants,[105] but it is popular to purchase illegal goods online.[106][107] Prices are not usually quoted in bitcoin and trades involve conversions into fiat currencies.[24] Commonly cited reasons for not using Bitcoin include high costs, the inability to process chargebacks, high price volatility, long transaction times, transaction fees (especially for small purchases).[105][108] Bloomberg reported that bitcoin was being used for large-item purchases on the site Overstock.com and for cross-border payments to freelancers.[109] As of 2015[update], there was little sign of bitcoin use in international remittances despite high fees charged by banks and Western Union who compete in this market.[24][110]
In September 2021, the Bitcoin Law made bitcoin legal tender in El Salvador, alongside the US dollar.[4] The adoption has been criticized both internationally and within El Salvador.[4][111] In particular, in 2022, the International Monetary Fund (IMF) urged El Salvador to reverse its decision.[112] As of 2022[update], the use of Bitcoin in El Salvador remains low: 80% of businesses refused to accept it despite being legally required to.[113] In April 2022, the Central African Republic (CAR) adopted Bitcoin as legal tender alongside the CFA franc,[114] but repealed the reform one year later.[115]
Bitcoin is also used by some governments. For instance, the Iranian government initially opposed cryptocurrencies, but later saw them as an opportunity to circumvent sanctions.[116] Since 2020, Iran has required local bitcoin miners to sell bitcoin to the Central Bank of Iran, allowing the central bank to use it for imports.[117] Some constituent states also accept tax payments in bitcoin, including Colorado (US)[118] and Zug (Switzerland).[119] As of 2023, the US government owned more than $5 billion worth of seized bitcoin.[120][121]
Use for investment and status as an economic bubble
Further information: Cryptocurrency bubble
As of 2018[update], the overwhelming majority of bitcoin transactions took place on cryptocurrency exchanges.[105] Since 2014, regulated bitcoin funds also allow exposure to the asset or to futures as an investment.[122][123] Individuals and companies such as the Winklevoss twins[124] and Elon Musk's companies SpaceX and Tesla have massively invested in Bitcoin.[125][126] Bitcoin wealth is highly concentrated, with 0.01% holding 27% of in-circulation currency, as of 2021.[127] As of September 2023[update], El Salvador had $76.5 million worth of bitcoin in its international reserves.[128]
In 2018, research published in the Journal of Monetary Economics concluded that price manipulation occurred during the Mt. Gox bitcoin theft and that the market remained vulnerable to manipulation.[129] Research published in The Journal of Finance also suggested that trading associated with increases in the amount of the Tether cryptocurrency and associated trading at the Bitfinex exchange accounted for about half of the price increase in bitcoin in late 2017.[130][131]
Bitcoin, along with other cryptocurrencies, has been described as an economic bubble by several economists, including Nobel Prize in Economics laureates, such as Joseph Stiglitz,[132] James Heckman,[9] and Paul Krugman.[95] Another recipient of the prize, Robert Shiller, argues that bitcoin is rather a fad that may become an asset class. He describes its price growth as an "epidemic", driven by contagious narratives.[133]
According to research published in the International Review of Financial Analysis in 2018, Bitcoin as an asset is highly volatile and does not behave like any other conventional asset.[134] According to one 2022 analysis published in The Journal of Alternative Investments, bitcoin was less volatile than oil, silver, US Treasuries, and 190 stocks in the S&P 500 during and after the 2020 stock market crash.[135] The term "hodl" was created in December 2013 for holding Bitcoin rather than selling it during periods of volatility.[136][137]
Economists, investors, and the central bank of Estonia have described bitcoin as a potential Ponzi scheme.[138][139][140] Legal scholar Eric Posner disagrees, however, as "a real Ponzi scheme takes fraud; bitcoin, by contrast, seems more like a collective delusion."[141] A 2014 World Bank report also concluded that bitcoin was not a deliberate Ponzi scheme.[142]
See also
Alternative currency
Notes
^ a b c BTC is a commonly used code, but it does not conform to ISO 4217 as BT is the country code of Bhutan, and ISO 4217 requires the first letter used in global commodities to be 'X'.[citation needed]
^ a b Named after Satoshi Nakamoto.
^ a b The exact number is ₿20,999,999.9769.[8]: ch. 8
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Further reading
Nakamoto, Satoshi (31 October 2008). "Bitcoin: A Peer-to-Peer Electronic Cash System" (PDF). bitcoin.org. Archived from the original (PDF) on 20 March 2014. Retrieved 28 April 2014.
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BTC) 币价,图表,市值以及其他指标 | CoinMarketCap加密货币: 2.2M+交易所: 721市值: $2.52T0.15%24小时交易量: $158.86B37.40%占有率: 比特币: 52.2% 以太币: 18.1% ETH Gas费: 51 Gwei Fear & Greed: 88/100加密货币加密货币排名分类全球走势图历史记录Bitcoin ETFsLeaderboards热门Recently AddedGainers & LosersMost VisitedNFTNFT 总体统计数据热门收藏品即将进行的销售活动On Chain DataDEX 交易对Chain RankingHot DEX Pairs交易所现货衍生品DEX社区动态TopicsLives文章产品PRODUCTS转换器CMC LabsTelegram BotCrypto API网站小组件CAMPAIGNSAirdrops钻石奖励学习和赚取CALENDARSICO日历活动日历学习新闻AcademyResearch视频词汇表减半倒计时:43天自选列表投资组合搜索/Bitcoin 价格 BTC¥481,241.96 0.34% (1天)Bitcoin兑换为CNY的图表Loading Data请耐心等待,我们正在加载图表数据 加入自选列表 Bitcoin统计数据市值 0.40%¥9,452,643,855,719#1交易量(24小时) 42.72%¥417,538,976,435#2交易量/市值(24小时) 4.42%流通供应量 19,647,137 BTC93.56%总供应量 19,647,137 BTC最大供应量 21,000,000 BTC完全稀释的市值 ¥10,103,534,218,247官方链接网站白皮书GitHub社交媒体Reddit评分 · 基于2家机构的评分4.9 网络信息区块链浏览器支持的钱包UCID1 BTC兑换为CNY的转换器BTCCNY价格表现24小时 最低价¥466,864.55最高价¥486,418.67历史高点Mar 05, 2024 (2 days ago)¥497,924.77-3.37%历史低点Jul 14, 2010 (14 years ago)¥0.3502+137391460.58%查看历史数据热门程度加入自选列表的次数4,619,470x28th / 8.9K标签MineablePoWSHA-256显示全部更多信息您是该项目的所有者吗? 更新代币信息 Loading Data请耐心等待,我们正在加载图表数据 Bitcoin community Bitcoin markets全部CEXDEX现货永续合约期货所有交易对Loading data...Show full width免责声明:本页面可能包含联署营销链接。如果您访问任何此类联署营销链接,并且在这些联署营销平台上进行如注册或交易等操作,CoinMarketCap 将可获得报酬。请参阅《联署营销信息披露》。Bitcoin新闻 关于Bitcoin什么是比特币(BTC)?比特币是一种去中心化的加密货币。在2008年发布的白皮书中,由某个人或某个群体化名为中本聪(Satoshi Nakamoto) ,首度探讨了比特币的机制。2009年1月,比特币正式问世。比特币是一种基于点对点网络的货币,所有交易都是在平等独立的网络参与者之间直接进行,而无需任何中间方的许可或促成。用中本聪自己的话来说,创造比特币就是为了让“一方无需通过金融机构就能直接对另一方在线付款”。在比特币出现之前,出现过一些类似的去中心化电子货币概念,但比特币的独特之处在于,它是有史以来首个被应用于现实生活中的加密货币。谁创造了比特币?目前,大家公认的比特币创始人是一个化名为中本聪(Satoshi Nakamoto)的人。到今天为止,这个化名背后的人或组织的真实身份仍不得而知。2008年10月31日,中本聪发布了比特币白皮书,其中详细说明了如何使用这种点对点网络货币。他们/他提议使用一种分布式交易账本,将它们分批打包(称为“区块”),并通过加密算法进行保护——此后,整个系统被称为“区块链”。仅在2个月之后,也就是2009年1月3日,中本聪挖出了比特币网络上的第一个区块,也就是创世区块,由此诞生了世界第一个加密货币。不过,虽说中本聪是比特币的创始人,也是首个实现比特币应用的人,但是多年来,很多人都为加密货币的发展作出了贡献,包括不断修补其缺陷和增加新功能。在 GitHub 上比特币的源代码库中就列出了超过750名贡献者,其中包括一些关键人物,如Wladimir J. van der Laan,Marco Falke,Pieter Wuille,Gavin Andresen,Jonas Schnelli等。是什么造就了比特币的独特性?比特币最独特的优势是,它是市场上出现的第一种加密货币。它成功创造了一个全球社区,促成了一个全新行业的诞生,让数百万比特币狂热爱好者在他们的日常生活中创造、投资、交易和使用比特币以及其他加密货币。比特币的出现奠定了概念和技术的基础,激发了成千上万的竞争性项目百舸争流。现在,整个加密货币市场的市值已超过3千亿,而这正是基于比特币所实现的理想化概念——在这个世界任何地方的任何人都可以付款或收钱,而无需依赖任何银行或金融服务公司等可信赖的中间机构。得益于它的开拓性,比特币在其推出后十多年来始终处于这个活跃市场的头部地位。即使比特币失去了无法撼动的主导地位,但由于其交易平台的独特性(即提供了很多比特币的使用功能,如钱包、交易、支付服务、在线游戏等),它仍然是市值最高的加密货币,其2020年的市值在1-2千亿之间。流通中的比特币数量有多少?比特币的总供应量受限于其软件的特性,总量不会超过21,000,000枚。新的比特币可以通过“挖矿”产生:由于交易在全网进行,矿工可以找到它们,以区块的形式打包,并经由复杂的加密算法进行保护。作为对其花费计算资源的补偿,矿工成功将区块加入区块链即可获得报酬。在比特币刚推出时,每新增一个区块的奖励是50枚比特币:每挖出21万个新区块后,奖励就会减半,这个过程耗时大概四年左右。到2020年,区块奖励已减半三次,降至6.25个比特币。比特币并不能预先开采,即比特币在公开发行前,不存在创始人挖矿及分配的情况。然而,在比特币推出后的最初几年,矿工之间的竞争相对较小,使得比特币网络的一批早期参与者通过常规挖矿聚集了大量的比特币:据说,中本聪自己就拥有超过一百万枚比特币。比特币网络安全性如何保障?比特币是通过SHA-256算法来保护网络安全。这种SHA-256算法属于哈希算法中SHA-2家族的一种,从比特币分叉出来的比特币现金(BCH)和其他几种加密货币也都使用这种算法。在哪里购买[比特币]([BTC])?从各方面来看,比特币几乎是加密货币的代名词,您几乎可以在任何加密货币交易所使用法币和其他加密货币购买或出售比特币。以下是一些交易比特币的主流市场:币安网(Binance)Coinbase 交易所(Coinbase Pro)欧易交易所(OKEx)Kraken火币全球站(Huobi Global)巴比特(Bitfinex)如果您是加密货币方面的新手,则可以参考CoinMarketCap上的简易操作指南购买比特币。相关信息:您比特币的交易市场和区块链数据吗?请访问我们的区块资源管理器。您想购买比特币吗?请查阅CoinMarketCap指南。 Bitcoin分析加载中…最常浏览的加密货币全球 价格BTC/USDUnited States Dollar$66,853.09BTC/CNYChinese Yuan¥481,241.96大家还在看Ethereum$3,799.691.10%yearn.finance$9,583.440.86%Band Protocol$2.435.47%Gather$0.0031014.68%1irstcoin$0.000.00%GoldMint$0.0337360.29%Uniswap$15.040.55%Firo$2.010.96%Chainlink$202.32%Oasis Network$0.1717.57%热门Pepe$0.00000684614.47%dogwifhat$1.7912.40%Meme Ai$0.00426968.94%Fetch.ai$2.7239.46%Shiba Inu$0.0000316816.78%Bitcoin实时行情Bitcoin 今日价格 为 ¥481,121 CNY,其 24 小时的交易量为 ¥417,538,976,435 CNY。 我们会实时更新BTC兑换为CNY的价格。 Bitcoin 在过去 24 小时内下跌了 0.40。 目前的 CoinMarketCap 排名为第 #1 位,其市值为 ¥9,452,643,855,719 CNY。 其流通供给量为 19,647,137 BTC 个货币 此外,供给量上限为21,000,000 BTC 个货币。目前 Bitcoin 交易量最大的平台为 Binance, OKX, Bybit, UEEx, 和 。 您可以在我们的 查找其他上市资产。加密货币货币Bitcoin产品CMC LabsChatGPT PluginCrypto API加密货币指数网站涂鸦站点地图广告公司关于我们服务协议隐私政策Cookie preferencesCookie 政策社区规则免责声明方法论加入我们招聘中!支持申请表联系我们常见问题解答词汇表社交媒体X (Twitter)社区TelegramInstagramFacebookRedditTelegram© 2024 CoinMarketCap. All rights reservedBitcoin Price | BTC Price Index and Live Chart - CoinDesk
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It is the crypto market standard, benchmarking billions of dollars in registered financial products and pricing hundreds of millions in daily over-the-counter transactions. Built for replicability and reliability, in continuous operation since 2014, the XBX is relied upon by asset allocators, asset managers, market participants and exchanges. The XBX is the flagship in a portfolio of single- and multi-asset indices offered by CoinDesk.Learn more onCoinDesk Indices $66,850.54-0.56%$64,930.0824H Price$67,567.75Bitcoin Trend IndicatorLearn MoreSignificant DowntrendNeutralSignificant UptrendBuy / SellGet CryptoBitcoin Trend IndicatorLearn MoreSignificant DowntrendNeutralSignificant Uptrend Share ChartAbout Bitcoin The Bitcoin price is $66,850.54, a change of -0.56% over the past 24 hours as of 9:13 a.m. The recent price action in Bitcoin left the tokens market capitalization at $1.31T. So far this year, Bitcoin has a change of 57.82%. Bitcoin is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).Bitcoin is the world’s first decentralized cryptocurrency – a type of digital asset that uses public-key cryptography to record, sign and send transactions over the Bitcoin blockchain – all done without the oversight of a central authority.The Bitcoin network (with an upper-case “B”) was launched in January 2009 by an anonymous computer programmer or group of programmers under the pseudonym “Satoshi Nakamoto.” The network is a peer-to-peer electronic payment system that uses a cryptocurrency called bitcoin (lower case “b”) to transfer value over the internet or act as a store of value like gold and silver.Each bitcoin is made up of 100 million satoshis (the smallest units of bitcoin), making individual bitcoin divisible up to eight decimal places. That means anyone can purchase a fraction of a bitcoin with as little as one U.S. dollar.Bitcoin priceBitcoin’s price is renowned for being highly volatile, but despite that, it has become the top performing asset of any class (including stocks, commodities and bonds) over the past decade – climbing a staggering 9,000,000% between 2010 and 2020.When the cryptocurrency was launched at the beginning of 2009, as Satoshi Nakamoto mined the bitcoin genesis block (the first-ever block on the Bitcoin blockchain), 50 BTC entered circulation at a price of $0.00.Fifty bitcoin continued to enter circulation every block (created once every 10 minutes) until the first halving event took place in November 2012 (see below). Halvings refer to bitcoin’s issuance system, which was programmed into Bitcoin’s code by Satoshi Nakamoto. It essentially involves automatically halving the number of new BTC entering circulation every 210,000 blocks.In February 2011, BTC’s price reached parity with the U.S dollar for the first time. The milestone encouraged new investors into the market, and over the next four months, bitcoin’s price continued to rise – peaking at over $30.By early 2013, the leading cryptocurrency had recovered from a prolonged bearish episode and rose above $1,000, albeit only briefly. But with the infamous Mt Gox hack, China announcing its first ban on crypto and other situations, it took a further four years for the BTC price to return to above $1,000 again. Once that level was passed, however, bitcoin’s price continued to surge dramatically throughout 2017 until BTC peaked at its previous long-standing all-time high of $19,850.Over 2018, the entire crypto market plunged into what is now known as the “crypto winter” – a yearlong bear market. It wasn’t until December 2020, when bitcoin returned to test the previous all-time high, that it eventually surpassed that historical level and rose a further 239% over the next 119 days to a new all-time high of $64,799.What is Bitcoin?Bitcoin is the world’s first decentralized cryptocurrency – a type of digital asset that uses public-key cryptography to record, sign and send transactions over the Bitcoin blockchain – all done without the oversight of a central authority. It was launched in January 2009 by an anonymous computer programmer or group of programmers under the pseudonym 'Satoshi Nakamoto'.How does Bitcoin work?Bitcoin and other cryptocurrencies are like the email of the financial world. The currency doesn’t exist in a physical form, and the coin is transacted directly between the sender and the receiver without banking intermediaries to facilitate the transaction. Everything is done publicly through a transparent, immutable, distributed ledger technology called blockchain.Here are the main features of blockchain technology:Bitcoin transactions are recorded on a public, distributed ledger known as a “blockchain” that anyone can download and help maintain.Transactions are sent directly from the sender to the receiver without any intermediaries.Holders who store their own bitcoin have complete control over it. It cannot be accessed without the holder’s cryptographic key.Bitcoin doesn’t exist in a physical form.Bitcoin has a fixed supply of 21 million. No more bitcoin can be created and units of bitcoin cannot be destroyed.Bitcoin users send and receive coins over the network by inputting the public-key information attached to each person’s digital wallet.In order to incentivize the distributed network of people verifying bitcoin transactions (miners), a fee is attached to each transaction. The fee is awarded to whichever miner adds the transaction to a new block. Fees work on a first-price auction system, where the higher the fee attached to the transaction, the more likely a miner will process that transaction first.Every single bitcoin transaction that takes place has to be permanently committed to the Bitcoin blockchain ledger through a process called “mining.” Bitcoin mining refers to the process where miners compete using specialized computer equipment known as application-specific integrated circuit (ASIC) chips to unlock the next block in the chain.Unlocking blocks work as follows:Crypto mining uses a system called cryptographic hashing. This function simply takes any input (messages, words or data of any kind) and turns it into a fixed-length alphanumeric code known as a “hash.”Each input creates a completely unique hash, and it’s almost impossible to predict what inputs will create certain hashes. Even changing one character of the input will result in a totally different fixed-length code.Each new block has a value called a “target hash.” In order to win the right to fill the next block, miners need to produce a hash that is lower than or equal to the numeric value of the ‘target’ hash. Since hashes are completely random, it’s just a matter of trial and error until one miner is successful.This method of requiring miners to use machines and spend time and energy trying to achieve something is known as a proof-of-work system and is designed to deter malicious agents from spamming or disrupting the network.Whoever successfully unlocks the next block is rewarded with a set number of bitcoin known as “block rewards” and gets to add a number of transactions to the new block. They also earn any transaction fees attached to the transactions they add to the new block. A new block is discovered roughly once every 10 minutes.Bitcoin block rewards decrease over time. Every 210,000 blocks, or about once every four years, the number of bitcoin received from each block reward is halved to gradually reduce the number of bitcoin entering the space over time. As of 2021, miners receive 6.25 bitcoins each time they mine a new block. The next bitcoin halving is expected to occur in 2024 and will see bitcoin block rewards drop to 3.125 bitcoins per block. As the supply of new bitcoin entering the market gets smaller, it will make buying bitcoin more competitive – assuming demand for bitcoin remains high.Who created Bitcoin?The creator of Bitcoin, known only by the pseudonym "Satoshi Nakamoto," first proposed this revolutionary digital currency in a 2008 whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." Satoshi devised Bitcoin as a decentralized, peer-to-peer network, able to facilitate financial transactions without a central authority like a government or bank. In doing so, Satoshi solved a key issue, the double-spending problem, by creating a proof-of-work consensus mechanism within a blockchain structure. Bitcoin's network was activated in January 2009 when Satoshi mined the first block, or the "genesis block." Despite the transformative impact of Bitcoin, Satoshi Nakamoto's identity remains shrouded in mystery, a symbol of the privacy-oriented ethos at the heart of the cryptocurrency movement.Bitcoin’s energy consumptionThe process of requiring network contributors to dedicate time and resources to creating new blocks ensures the network remains secure. But that security comes at a price. As of 2021, the Bitcoin network consumes about 93 terawatt hours (TWh) of electricity per year – around the same energy consumed by the 34th-largest country in the world.This appetite for electricity has drawn widespread criticism from celebrities such as Tesla CEO Elon Musk to government bodies such as China’s State Council and the U.S. Senate over Bitcoin’s impact on climate change. But while the electricity figures are alarmingly high, it’s important to note that bitcoin mining at most accounts for 1.29% of any single country’s energy consumption. Not to mention, Bitcoin is a complete financial system whose energy consumption can be measured and tracked, unlike the fiat system, which cannot be accurately measured and requires a range of additional layers to function, including ATMs, card machines, bank branches, security vehicles, storage facilities and huge data centers.There are also a number of initiatives including the Crypto Climate Accord and the Bitcoin Mining Council that aim to improve Bitcoin’s carbon footprint by encouraging miners to use renewable sources of energy.ManagementAs already mentioned, the Bitcoin network was created by a pseudonymous programmer, or group of programmers, known only as “Satoshi Nakamoto.” During its early development, other developers joined to work on the protocol, including cypherpunk Hal Finney, cryptographers Wei Dai and Nick Szabo and software developer Gavin Andresen.There were also a range of other developers including Pieter Wuille and Peter Todd who contributed to the development of Bitcoin Core – the first client on the Bitcoin network. A client is a piece of software that enables a network participant to run a node and connect to the blockchain.An American nonprofit called the Bitcoin Foundation was founded in 2012 to support the development and adoption of the Bitcoin protocol. After three years, however, the foundation eventually ran out of cash and was dissolved.In 2014, Adam Back, another cypherpunk and the inventor of Hashcash – a cryptographic hashing algorithm created in 1997 which used the same proof-of-work mechanism that Bitcoin would later adopt – co-founded Blockstream. Blockstream is a for-profit tech company that develops new infrastructure on the Bitcoin network, including Lightning Network and sidechains.Read less...Buy crypto on a secure, trusted platform.Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don’t invest unless you’re prepared to lose all the money you invest.Latest About BitcoinView All MarketsTradingBitcoin Trade That Gave Bankman-Fried His Millions Returns in South KoreaLocal market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday.By Shaurya MalwaSponsoredMar 7, 2024 at 7:18 a.m. UTCMar 7, 2024TradingInvestingMarketsMarketsBitcoinBitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock The plunge from all-time highs turned the $60,000 area into a support level for prices, one observer noted.By Krisztian SandorSponsoredMar 6, 2024 at 9:07 p.m. UTCMar 6, 2024BitcoinMarketsSwissblock technologiesQCP CapitalMarketsBitcoin etfBitcoin Record High Would’ve Happened Without ETFs, Just Later, Say ExpertsThe world's largest crypto has risen about 60% in just the two months since the opening of the spot bitcoin ETFs.By Helene BraunSponsoredMar 6, 2024 at 6:14 p.m. UTCMar 6, 2024Bitcoin ETFBitcoin PriceBitcoinMarketsMicrostrategyMicroStrategy Upsizes Convertible Debt Offering to $700M to Buy Even More BitcoinThe company's convertible debt offering will have a conversion price at 42.5% premium to last close. 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Cryptoassets are largely unregulated and are not subject to protection.24H Low$64,930.0824H High$67,567.7524H Open$67,227.7624H Change$377.2152 Week Low$19,580.2052 Week High$69,208.79All Time High$69,208.79Returns (YTD)57.82%Bitcoin Market StatsMarket Cap$1.31T24H VolumeN/AMax Supply21.00MTotal Supply21.00M24H Value TransactedN/A30D Volatility0.5755330024H Transaction Count381,46724H Average Transaction Fee$11.55Show more statsTrending AssetsView All eToroSponsoredDiscover a friendly, trusted crypto investing platformEnjoy an easy-to-use experience as you trade over 70 top cryptoassets such as Bitcoin, Ethereum, Shiba and more. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. 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Cryptoassets are largely unregulated and are not subject to protection.Last Updated on 03/07/24 9:13 AM CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates. Go To Bitcoin CalculatorMarket AnalysisReturnsNumber of TransactionsPrice PerformanceAverage Time Token is HeldSocial AnalysisTwitter SentimentSearch TrendsResearch ReportsDiving in deeper on cryptocurrency.CoinDesk Research’s 2022 Annual Crypto Review Introducing Consensus Magazine: Putting Web3 in PerspectiveCoinDesk 2021 Annual Crypto ReviewAboutAboutMastheadCareersCoinDesk NewsStay UpdatedEventsCoinDesk StudiosNewslettersFollowGet In TouchContact UsAdvertiseAccessibility HelpSitemapThe Fine PrintEthics PolicyPrivacyTerms of UseUpdate My Cookie ConsentDo Not Sell My Personal InformationPlease note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.©2024 CoinDeskEnglishX iconFacebook iconLinkedin iconRSS L
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How does Bitcoin work? - Bitcoin
How does Bitcoin work? - Bitcoin
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How does Bitcoin work?
This is a question often surrounded by confusion, so here's a quick explanation!
The basics for a new user
As a new user, you can get started with Bitcoin without understanding the technical details. Once you've installed a Bitcoin wallet on your computer or mobile phone, it will generate your first Bitcoin address and you can create more whenever you need one. You can disclose your addresses to your friends so that they can pay you or vice versa. In fact, this is pretty similar to how email works, except that Bitcoin addresses should be used only once.
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. It allows Bitcoin wallets to calculate their spendable balance so that new transactions can be verified thereby ensuring they're 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 to the network and usually begin to be confirmed within 10-20 minutes, through a process called mining.
Processing - mining
Mining is a distributed consensus system that is used to confirm pending 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 the subsequent blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively to the block chain. In this way, no group or individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends.
Going down the rabbit hole
This is just a short summary of Bitcoin. If you want to learn more of the details, you can read the original paper that describes its design, the developer documentation, or explore the Bitcoin wiki.
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Bitcoin - BTC Price, Live Chart, and News | Blockchain.com
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Daily bonuses with Blockchain.com ->BitcoinBTCPrice History$0.00 • Vol0.00BTC1D1W1M1YMAXEURUSDCADGBPRUBCNYINRBRLTRYTrade Bitcoin with the world's most popular crypto wallet.Over 83 million wallets created to buy, sell, and earn crypto.Buy Bitcoin ->Blockchain#833553#833552#833551#833550#833549#833548#833547#833546#833545#833544#833543#833542#833541#833540#833539#833538#833537#833536#833535#833534#833533#833532#833531#833530#833529#833528#833527#833526#833525#833524#833523#833522#833521#833520#833519#833518#833517#833516#833515#833514#833513#833512#833511#833510#833509#833508#833507#833506#833505#833504Market InfoMarket Cap $1,311,555,932,955Diluted Market Cap 1,401,864,369,410Vol 24h $56,320,186,083Vol / Market Cap 0.0424h Change -0.67%1h Change -0.19%24h High $67,510.0024h Low $65,590.00Circulating Supply 19,647,175Max Supply 21,000,000Algorithm SHA-256Genesis Block Date 2009-01-03Data provided by CoinGeckoAboutA brief historyBitcoin 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 ‘Digital Gold’. 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 don’t 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 generate new blocks. Once a series of computationally demanding problems have been solved a completed "block" is added to the ever-growing "chain", this mining process can fluctuate and become easier or harder depending on network demand and value, this is known as the network difficulty. Besides block rewards, miners also collect transaction fees which further incentivizes them to secure the network and verify transactions. This independent network of miners also decreases the chance for fraud or false information to be recorded, as the majority of miners need to confirm the authenticity of each block of data before it's added to the blockchain, in a process known as "proof of work."Project LinksWebsiteBitcoin.orgDocumentsWhitepaper Please verify all project links, data may change over time. Be vigilant of scams interpreting official projects.ROIUSDETH6H1.43%0.87%1D0.21%1.21%1W9.00%-3.96%1M55.06%-3.16%6M158.07%11.02%1Y207.71%24.22%3Y27.68%-38.29%5Y1595.05%-38.79%Latest TransactionsBitcoin->a783c-edefe9:22:450.00 BTC$0.00d2c30-930e79:22:450.00 BTC$0.0088888-069dd9:22:450.00 BTC$0.0004e92-721d39:22:450.00 BTC$0.007a757-852c29:22:450.00 BTC$0.00ff09d-18ebe9:22:450.00 BTC$0.00c014e-301b99:22:450.00 BTC$0.00a8f8d-6a5af9:22:450.00 BTC$0.00a0039-d6cae9:22:450.00 BTC$0.0055077-d2eae9:22:450.00 BTC$0.00930b9-b87999:22:450.00 BTC$0.00389c9-1318c9:22:450.00 BTC$0.00ba81a-4b8799:22:450.00 BTC$0.00d5f64-81b779:22:450.00 BTC$0.003fabc-80e6b9:22:450.00 BTC$0.00581d2-cad699:22:450.00 BTC$0.00c4a38-a7a639:22:450.00 BTC$0.005d7b0-c095d9:22:450.00 BTC$0.007d63b-758589:22:450.00 BTC$0.0088888-39a379:22:450.00 BTC$0.00c3e9d-bc3309:22:450.00 BTC$0.002da7d-6111f9:22:450.00 BTC$0.00c5b9b-8241e9:22:450.00 BTC$0.0086bfe-dfd1c9:22:450.00 BTC$0.004fe50-c43079:22:450.00 BTC$0.0075a30-1d8fd9:22:410.00 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Mar 2024 • 05:52:25 GMT+0 1,834 Txs • 1.80 Mb833,523 • ViaBTC07 Mar 2024 • 05:49:42 GMT+0 3,320 Txs • 1.89 Mb833,52207 Mar 2024 • 05:40:49 GMT+0 268 Txs • 1.83 Mb833,52107 Mar 2024 • 05:40:40 GMT+0 2,846 Txs • 1.78 Mb833,52007 Mar 2024 • 05:40:05 GMT+0 1,837 Txs • 1.73 Mb833,51907 Mar 2024 • 05:33:01 GMT+0 2,479 Txs • 1.73 Mb833,518 • BTC.com07 Mar 2024 • 05:12:05 GMT+0 1,621 Txs • 1.99 Mb833,51707 Mar 2024 • 05:07:54 GMT+0 2,108 Txs • 1.88 Mb833,51607 Mar 2024 • 05:04:21 GMT+0 1,792 Txs • 1.83 Mb833,51507 Mar 2024 • 04:58:07 GMT+0 3,722 Txs • 1.85 Mb833,51407 Mar 2024 • 04:56:07 GMT+0 3,300 Txs • 1.68 Mb833,51307 Mar 2024 • 04:51:08 GMT+0 1,801 Txs • 1.35 Mb833,51207 Mar 2024 • 04:47:40 GMT+0 3,483 Txs • 1.56 Mb833,51107 Mar 2024 • 04:26:55 GMT+0 3,083 Txs • 1.58 Mb833,51007 Mar 2024 • 04:00:06 GMT+0 1,130 Txs • 1.90 Mb833,50907 Mar 2024 • 03:57:30 GMT+0 2,507 Txs • 1.83 Mb833,50807 Mar 2024 • 03:48:59 GMT+0 581 Txs • 1.75 Mb833,50707 Mar 2024 • 03:47:24 GMT+0 1,041 Txs • 1.88 Mb833,50607 Mar 2024 • 03:44:49 GMT+0 1,485 Txs • 1.75 Mb833,50507 Mar 2024 • 03:41:02 GMT+0 3,061 Txs • 1.90 Mb833,50407 Mar 2024 • 03:34:33 GMT+0 2,705 Txs • 1.75 MbConverter USD BTCAverage Confirmation Time->Mar 06 · 155 MinutesExplore more top crypto assetsBitcoin (BTC) Price, Real-time Quote & News - Google Finance
oin (BTC) Price, Real-time Quote & News - Google FinanceFinanceSign inFinanceFinancefinance_modeHomemanage_searchMarket trendsPortfoliosaddCreate portfolioWatchlistsaddCreate watchlistsettingsSettingsfeedbackSend feedbackMarketsUSEuropeAsiaCurrenciesCryptoFuturesNikkei 22539,598.71-1.23%-492.07Nikkei 22539,598.711.23%SSE3,027.40-0.41%-12.53SSE3,027.400.41%HSI16,229.78-1.27%-208.31HSI16,229.781.27%SENSEX74,138.36+0.071%+52.37SENSEX74,138.360.071%NIFTY 5022,497.85+0.11%+23.80NIFTY 5022,497.850.11%HomeBTC / USD • CryptocurrencyBitcoin to United States DollarFollowShare66,814.50Mar 7, 9:20:00 AM UTC · Disclaimer1D5D1M6MYTD1Y5YMAXinsightsKey eventsKey events shows relevant news articles on days with large price movementsKey eventsKey events shows relevant news articles on days with large price movementsKey eventsarrow_forward_iosKey events shows relevant news articles on days with large price movementsNo dataclosesearchCompare toEther (ETH / USD)3,799.55ETH0.58%Litecoin (LTC / USD)85.50LTC0.52%Dogecoin (DOGE / USD)0.1534DOGE2.79%Cardano (ADA / USD)0.7362ADA0.086%S&P 5005,104.76.INX0.51%Binance Coin (BNB / USD)432.7323BNB0.70%XRP (XRP / USD)0.6247XRP1.95%ChainLink (LINK / USD)19.9985LINK0.49%Lumens (XLM / USD)0.1414XLM2.08%In the newsCoinDesk12 hours agoBitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: SwissblockTime Magazine22 hours agoWhy Bitcoin Just Hit Its AllCoinDesk2 hours agoBitcoin Trade That Gave Bankman-Fried His Millions Returns in South KoreaYahoo Finance15 hours agoWarren Buffett Says He Wouldn't Pay $25 For All The Bitcoin In The World –He Considers Crypto 'Rat Poison' And ...BBC1 day agoBitcoin price briefly tops $69,000 for new all-time highBitcoin.com News1 day agoMega Whale Resurfaces: 1000 Vintage Bitcoins From 2010 Moved as BTC Peaked
at $69210 – Bitcoin NewspaidExchange RateValue of the base currency compared to the quote currencycopyrightCryptocurrencyA digital asset maintained by a decentralized system that records and verifies transactions using cryptographyPrevious closeThe last closing price66,122.20About BitcoinBitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that requires increasing quantities of electricity and guarantees the security of the bitcoin blockchain.
Based on a free market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender. Bitcoin is currently used more as a store of value and less as a medium of exchange or unit of account. It is mostly seen as an investment and has been described by many scholars as an economic bubble. As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries as of 2021. WikipediaAbout United States DollarThe United States dollar is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank.
The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains fine silver or, from 1837, 23.22 grains fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. Since 1971, all links to gold have been repealed.
The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War. WikipediaDiscover moreYou may be interested ininfoThis list is generated from recent searches, followed securities, and other activity. Learn moreAll data and information is provided “as is” for personal informational purposes only, and is not intended to be financial advice nor is it for trading purposes or investment, tax, legal, accounting or other advice. Google is not an investment adviser nor is it a financial adviser and expresses no view, recommendation or opinion with respect to any of the companies included in this list or any securities issued by those companies. Please consult your broker or financial representative to verify pricing before executing any trades. Learn moreIndexS&P 5005,104.760.51%add_circle_outlineIndexDow Jones Industrial Average38,661.050.20%add_circle_outlinePHParker-Hannifin Corp$531.230.61%add_circle_outlineTELTE Connectivity Ltd$141.410.83%add_circle_outlineMRCMRC Global Inc$12.040.50%add_circle_outlineGLOClough Global Opportunities Fund$5.010.60%add_circle_outlineSMSM Energy Co$44.431.86%add_circle_outlineTSLATesla Inc$176.542.32%add_circle_outlineAAPLApple Inc$169.120.59%add_circle_outlineGOOGAlphabet Inc Class C$132.560.91%add_circle_outlineFFord Motor Co$12.381.59%add_circle_outlineMACMacerich Co$15.990.13%add_circle_outlineAPAmpco-Pittsburgh Corp$2.500.00%add_circle_outlineARAntero Resources Corp$26.870.30%add_circle_outlineFGENFibroGen Inc$1.873.11%add_circle_outlineMETAMeta Platforms Inc$496.091.20%add_circle_outlineBABAAlibaba Group Holding Ltd - ADR$73.712.28%add_circle_outlineNFLXNetflix Inc$597.690.14%add_circle_outlineHelpSend feedbackPrivacyTermsDisclaimerSearchClear searchClose searchGoogle appsMain m