BTC
Bitcoin

$6405.49
+1.79%
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Rank
1
  • Market Cap
    $110,674,536,632
  • 24h Vol (Global)
    ฿237,175 ($1,519,221,717)
  • Circulating Supply
    17,278,075
  • Issue Price
    -
  • Issue Date
    2008-11-01
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  • The Latest Rating
TokenInsight
4.0

Bitcoin Rating Report

2018-09-03
Bitcoin is the world’s first cryptocurrency. It is a purely peer-to-peer electronic cash system that allows online payments to be sent directly from one party to another without going through a financial institution. The Bitcoin system is the most widely accepted cryptocurrency system at present. However, due to its initial setting, such as block size and block time, its performance is limited to less than 10 transactions per second.
Coin Bureau
5.0

Bitcoin (BTC): Peer-to-Peer Digital Money

2017-09-07
Bitcoin is the largest and most well-known cryptocurrency in the world. It was founded in 2008 by an anonymous creator called "Satoshi Nakamoto". He wanted to create a peer-to-peer electronic cash that could facilitate easy and near costless international payments through the use of blockchain technology. Bitcoin is secured through the use of Proof-of-Work algorithms (SHA256) and the Bitcoin miners. These are the machines that will complete the work required to mine Bitcoin blocks. Inside these blocks are the Bitcoin transactions that are about to be verified. This economic cost of sending transactions is able to reduce spam transactions and keep the network honest and secure. The Bitcoin protocol has been hard coded to allow a maximum supply of only 21m coins in the future. Bitcoin has been the major staple of all cryptocurrency portfolios for the last couple of years and it has been picked up by large hedge funds and institutions. There have also been regulated Bitcoin futures that have been listed by the CME and CBOE in December of 2017. These have led to much more speculation in the price of Bitcoin. Bitcoin has had some trouble recently in the form of scaling concerns and miner centralisation. The Bitcoin developers have, however, been pretty active in developing new technology to counter this including off chain scaling with the lightning network. Bitcoin has the highest market cap of all cryptocurrencies and is listed on nearly every single cryptocurrency exchange. Given these high levels of liquidity and volume, it is less volatile than the altcoins yet is substantially more volatile than traditional asset classes.
  • Details
Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
21,000,00017,278,0752008-11-01-POW1
blockchain.info
2
live.blockcypher.com
3
blockchair.com
4
blockexplorer.com
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
17,278,075SHA256https://github.com/bitcoin/https://bitcoin.org/en/COIN

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.