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Recent Payouts

1CYnMnYyXctoKEbasm1K1Xok5hdhwWVvG110 satoshi
1Em5NSdAUpQmCZ9dqegHu2dH8UiNFMUxWi20 satoshi
3FyT9k3ZKxfzTbxKhMcDs4PvGDQmtwKjVy10 satoshi
3Qyxar5edCuBTjwDeBUW3FUF7nLMN1ALcB10 satoshi
1Em5NSdAUpQmCZ9dqegHu2dH8UiNFMUxWi20 satoshi
1E4B24TVk9pPA14EPL8LpuKEBzv8XR4inJ10 satoshi
1Jvs2jFBq3V5PsjwKdHocdRodRGhqUeK7V20 satoshi
1CWFy9ZG1W8vT3RqR96sAsqDbEhiJAfFYh10 satoshi
1KSrXYdAss2SwQfg51TJcsmUVrFtckDfM410 satoshi
1Em5NSdAUpQmCZ9dqegHu2dH8UiNFMUxWi20 satoshi


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What is Bitcoin?

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

Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

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