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Recent Payouts

1F4ampj85g4uxmoFCZXfRAYwdn3WWSmuaG20 satoshi
1PTHt2GZFKCvsBEmrg4yXoRcd57G14W9Vx10 satoshi
1KSrXYdAss2SwQfg51TJcsmUVrFtckDfM410 satoshi
1D25PwUYigyN4SxYFxXA5RsKw6WkSFyR4d10 satoshi
1PohLSnf2jeJu78jUhRaXoEgREe58x3xZ310 satoshi
1LkeX6qcfAoVhYbV4wJ3YcXXRPEszKS4aN20 satoshi
1E4B24TVk9pPA14EPL8LpuKEBzv8XR4inJ10 satoshi
1A6ijiR1fmRPkVB43sDRnvSbLuXcNumXrA20 satoshi
1Fdw1vGZ3n5kg57C1VGhNy62w75rv5giP820 satoshi
322v2MWLmdfz6a6uwZk2ffXwFpRWWSQT8S20 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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