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Recent Payouts

15VDkrJ4SjnRXmc66LnATknk6HUSH6jPrv1 satoshi
13EP8EAmKWFdsXKLZ47PJ75Jhngqfk6YwS1 satoshi
16W6sabPatsh2yjP7FZGWxLQwq2DD9kHUx1 satoshi
1BFRgYGaDuY2gE4f5ZL3JmYe2wQT4PJzL51 satoshi
1P2vy4dWTz1ThkEKa5ZYSBffct89SDkrdX1 satoshi
16tPT7HCg7zfbskFTf5j2tazFDQ4qJxHRk1 satoshi
1yhXvEY7dGj1LHnwpfJJ7UDZ6iwbBafhR1 satoshi
1JT5KJG5QWj8tge7w5KhjodFmE61YqhzCg1 satoshi
14SctMKxCmVx8q5K1Xoq47PW3YCxJd1cvM1 satoshi
16v6cTXebMukwXeCVTUS8QxUiBawgtxbrt1 satoshi

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What is Bitcoin?

Bitcoin (₿) is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.

It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

Bitcoin has been praised and criticized. Critics noted its use in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

Source: en.wikipedia.org

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