Bitcoin Basics

Learn about some of the basics behind Bitcoin.

Decentralized

Bitcoin is a decentralized network that anyone can participate in. There is no CEO, government, or organization responsible for the fate of Bitcoin.

Open Source

The software powering the Bitcoin network is open source. This means that anyone is free to read, review, or contribute to the code.

Transparent

The Bitcoin blockchain, a public ledger shared between users, gives details into every transaction that occurs on the network.

P2P

The Bitcoin network uses peer to peer technology. Network users connect directly to one another rather than one central authority or server.

Fixed Supply

Bitcoin has a hardcoded max limit of 21 million coins. This makes the coin supply predictable and stops money printing inflation practices from traditional currencies.

Financial Freedom

Bitcoin provides everyone with financial freedom. With Bitcoin you can be your own bank. No longer worry about banking hours, holidays, and maintenance fees.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."




Bitcoin Price

Follow along with the price of Bitcoin currently and over time.

Bitcoin Prices by Coinlib


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