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However, the reward received by miners is cut in half approximately every 4 years in what are known as Bitcoin halvings. The maximum supply of Bitcoin is capped at 21 million coins. The last Bitcoin will be mined around the year , according to estimates. Each BTC can be subdivided in million units called satoshis.
This means that you don't have to buy a whole BTC in order to invest in Bitcoin. One satoshi is the smallest denomination of Bitcoin that can exist. The Bitcoin network is permissionless, which means that anyone can become a miner and participate in its consensus process. Bitcoin started off as a niche interest for cryptography and technology enthusiasts and eventually exploded in popularity, with the BTC price growing to thousands of dollars.
On CoinCodex, you can stay up to date with the latest information regarding the Bitcoin price, market cap and news. Date Range. December January Add to Portfolio. BTC Exchanges. About Bitcoin. Description Invented in and launched in early , Bitcoin introduced the world to the concept of cryptocurrency. Key Bitcoin features: The first decentralized digital currency Extremely high security due to proof-of-work and blockchain design Fully transparent history of transactions and predictable supply timeline Bitcoin transactions are recorded in a fully transparent public ledger called the blockchain.
Website Whitepaper explorer Blockchain Info. Bitcoin News. Trade Bitcoin with x leverage on No. A few seconds ago Sponsored. These transactions are then recorded in the public distributed ledger called the blockchain and verified on the network through the use of cryptography.
These Bitcoins can be exchanged for other currencies, products, and services. Bitcoin was originally invented by an unknown person or group under the pseudonym Satoshi Nakamoto and released as open-source software in Bitcoin has long been the face of cryptocurrency, and research produced by the University of Cambridge estimates that in , there are 2.
Past Year of Developer Activity All repos. About BTC. Currency USD.