Bitcoin
Bitcoin (BTC)
Launched in 2009
Bitcoin(BTC) is a peer-to-peer cryptocurrency that aims to function as a means of exchange that is independent as a means of exchange that is independent of any central authority. BTC can be transferred electronically in a secure, verifiable, and immutable way.
Launched in 2009, BTC is the first virtual currency to solve the double-spending issue by timestamping transactions before broadcasting them to all of the nodes in the Bitcoin network. The Bitcoin Protocol offered a solution to the Byzantine Generals. Problem with a blockchain network structure, a notion first created by Stuart Haber and W.Scott Stornetta in 1991.
Bitcoin's whitepaper was published pseudonymously in 2008 by individual, or a group, with the pseudonym "Satoshi Nakamoto", whose underlying identity has still not been verified.
The Bitcoin protocol uses an SHA-256d-base Proof-of-Work (PoW) algorithm to reach network consensus. Its network has a target block time of 10 minutes and a maximum suplay of 21 million tokens, witch a decaying token emission rate, To prevent fluctuation of the block time, the network's block difficulty is re-adjust through an algorithm base on the past 2016 block times.
With a block size limit capped at 1 megabyte, the Bitcoin Protocol has supported both the Lightning Network, a second-layer insfrastructure for payment chanels, and Segregated Witness, a soft-fork to increase the number of transaction on a bloc, as solutions to network scalability.
Bitcoin Wallet
- Trust Wallet
- Blue Wallet
- Unstoppable
- Phoenix
- Edge
- Electrum
- BTC
1 BTC = 1 BTC
1 BTC = 1,000 mBTC
1 BTC = 1,000,000 bits
1 BTC = 100,000,000 sat
- mBTC
1 mBTC = 0.001 BTC
1 mBTC = 1 mBTC
1 mBTC = 1,000 bits
1 mBTC = 100,000 sats
- bits
1 bits = 0.000 001 BTC
1 bits = 0.001 mBTC
1 bits = 1 bits
1 bita = 100 sat
- sat
1 sat = 0.000 000 01 BTC
1 sat = 0.000 01 mBTC
1 sat = 0.01 bits1 sat = 1 sat
Comments
Post a Comment