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Bitcoin

Bitcoin is an open source peer-to-peer money and payment network.

See also

Bitcoin Network Structure and Operation

Public-Key Cryptography

Bitcoin Addresses

As of 2022, Bitcoin uses the RIPEMD160 has function, so there are 2^160 possible Bitcoin addresses, which is a 49-digit integer when written in decimal form.1)

Proof of Work (PoW) Mining

Bitcoin mining is a lottery process that costs energy to operate computers to perform calculations.2)

Bitcoin Monetary Theory

Bitcoin's capped supply solves a variety of social problems associated with the Cantillon Effect.3)

Satoshi Nakamoto

Theories of Identity

Paul Le Roux

Few people believe that Paul Le Roux is Satoshi Nakamoto, but Bitcoin.com published an article with some circumstantial evidence connecting him to Satoshi.4)

Psyop Theories

  • What is the Bitcoin Psyop? -Questions for (James) Corbett5)

Bitcoin Statistics

Price Tools

  • The Bitcoin Rainbow Chart at Blockchaincenter.net puts current price and price history into perspective using metrics that have become standard in the Bitcoin community.

Growing Adoption

As of March 31, 2022, ButBitcoinWorldwide.com reports that there are 106 million Bitcoin owners, 200 million Bitcoin wallets, 53 million Bitcoin traders, and 400,000 daily Bitcoin users.6)

National Adoption

El Salvador

In 2021, El Salvador became the first nation to make Bitcoin legal tender, and gave some Bitcoin to every El Salvadoran. Not every aspect of that experiment has gone smoothly.7)

COVID-19 Pandemic

During the COVID-19 pandemic, numerous people have been de-banked and are looking for banking and payment solutions.

  • Tallycoin is a fundraising site that takes donations in Bitcoin and distributes them to causes.

Transacting in Bitcoin

Transaction (tx) Fees

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