This portrait is made from available online data and is information only. Please read the disclaimer*.
What is Bitcoin ?
Bitcoin is the first, oldest and most dominant crypto currency in the market. The technology of proof-of-work with a long block producing (mining) time of 10 min might be a bit out of date already, but the network is the most decentralized and secure of all blockchains. The community is big and active.
Bitcoin was invented by Satoshi Nakamoto and meant to be a means of digital borderless payment, but since the transaction times are a bit long and the cost of a transaction can jump quite high, the coin has become more of a store of value and is compared to gold rather then a payment system. Wether new sidechains like lightning or liquid network can change this, will be seen in the near future.
Bitcoin is also the dominant trading pair on all leading exchanges, what keeps demand and trading volume of Bitcoin high. Although the majority of coins are in just a few hands and have not been moved for a long time.
|architecture:||blockchain crypto currency|
|blockchain:||own / public|
|consensus algorithm:||proof-of-work / mining|
|usability:||currency, store of value, trading|
|launch date:||Jan 2009|
|max supply:||21 mill.|
|wallets:||all multi currency wallets and special Bitcoin wallets|
Bitcoin on recommended exchanges*
Where to buy and trade Bitcoin. Bitcoin is available on all crypto exchanges globally. BTC is used as the main trading pair to trade other coins and token. This is a small choice of some of the leading crypto exchanges:
Klick to find all important information about the leading crypto coins and token in a nutshell:
Multi currency wallets
Multi currency wallets can store different kinds of coins and tokens, mostly all the leading coins, Ethereum ERC20 token, Neo NEP5 and Binance BEP2 token and many other coins and token.
The most advanced wallets offer staking and exchanging or swaping too.
|Atomicwallet||Trust wallet||Coinomi wallet|