DescriptionBitcoin logo

Bitcoin is the oldest cryptocurrency in circulation with the longest block chain, it is the most popular and has the biggest market capitalization. The coin is loosely refered to by the community as the “gold” of the cryptocurrency world. Date Of Creation: Blockchain started with its first transaction on 3rd January 2009. Opening price: 1 BTC = 0.000764 USD (1309.03 BTC = 1 USD) Starting Investors: Unknown Central control or Governing Body: None Creator: Satoshi Nakamoto Features/Point of Difference: First Cryptocurrency to be created and released to the public Wallet Support: All Exchange Support: All

Market Info

Market Code: BTC Target Market: Whole world Target use: Originally replacement for fiat currency Industry Partners:  

Technical Information

Coins in circulation: 16.5 Million (Sep-17) Maximum number of coins: 21 Million Central control: No completely decentralized network Coin Type: Proof-of-work Transaction Fees: Voluntary Block Size: 1 MB Hashing Algorithm: SHA-256 Block Time: Approx 10 minutes Transactions Per Block: Approx 2020 Transaction Speed: Approx 3.37 Transactions per second Block reward: Currently 12.5 bitcoin (halves every 210 000 blocks) Anonymity: Yes but only through wallet ID’s not being tied to identification