Bitcoin

Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person

Markets

Premier arrivé en Asie : Bitcoin à 28,6 000 $ reste inchangé par la pause de retrait temporaire de Binance

PLUS : les maximalistes du Bitcoin trouvent les ordinaux ennuyeux. Mais à long terme, c’est une bonne chose pour le réseau.

By Sam ReynoldsMay 8, 2023

Markets

Bitcoin Network Congestion Causes Binance to Pause Withdrawals

The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the Bitcoin protocol.

By Sam ReynoldsMay 7, 2023

Videos

Bitcoin’s Activity Pushes Average Transaction Fee to Nearly 2-Year High

A spike in transactions on the Bitcoin blockchain involving Ethereum-style tokens and non-fungible token (NFT)-like "inscriptions" has driven up congestion on the network, pushing the average fee rate to the highest in nearly two years while showering miners of the cryptocurrency with extra revenue. "The Hash" panel discusses the milestone and its implications for the Bitcoin ecosystem.

May 5, 2023