
Bitcoin (BTC) - SGD
SGD 111,855.99
16 min ago
1.69%
Mkt. Cap.
SGD 2,219.03 B
Vol. 24H
Ƀ 3.57
(SGD 397.30 k)
Open 24h
SGD 109,999.88
Low/High 24h
SGD 109,591.69
-
SGD 112,487.96
Whitepaper
Launch Date
2009-01-03
Max Supply
20,999,999.98
Total Supply
19,838,243.00
Circulating Supply
19,838,243.00
Mkt. Cap. Penalty
0 %
Website
Consensus Mechanisms
Proof of Work
Hashing Algorithms
SHA-256
Block Nr.
888,246.00
Block Reward
3.13
Network H/s
775,649,682,383,523,700,000.00
Bitcoin is a decentralized cryptocurrency that uses peer-to-peer technology and a blockchain to record transactions. It was created by Satoshi Nakamoto and the first block was mined on January 3, 2009. Bitcoin transactions are recorded on a blockchain, which is a distributed ledger that can be accessed by anyone to verify transactions. Transactions are verified by miners, who are rewarded with a set amount of Bitcoin and transaction fees. The supply of Bitcoin is limited to 21 million coins and it is divisible to eight decimal places. A wallet is needed to use Bitcoin and it consists of a public key, which is used to send and receive payments, and a private key, which is used to control the wallet. Bitcoin can be used for a variety of purposes, including everyday transactions, as a store of value, or for investment.