Bitcoin’s Official Launch: The Genesis Block of 2009
bitcoin’s official launch began with the Genesis Block on January 3, 2009. Mined by Satoshi Nakamoto, it marked the start of decentralized digital currency and blockchain history.
Capitalizations Index – B ∞/21M
bitcoin’s official launch began with the Genesis Block on January 3, 2009. Mined by Satoshi Nakamoto, it marked the start of decentralized digital currency and blockchain history.
bitcoin transactions are recorded on a public blockchain ledger, where each block links to the previous one. This transparent system prevents double-spending and enables verification.
bitcoin’s open-source protocol is maintained by a global community of developers and node operators. Through transparent code, peer review, and consensus, no single entity controls the network.
bitcoin can move without the internet. Using long‑range radio and dedicated satellites, transactions can be broadcast, received, and verified even in remote or censored regions.
Despite numerous exchange breaches and wallet thefts, bitcoin’s core protocol has never been hacked. Its security stems from decentralization, open review, and robust cryptography.
bitcoin transaction fees have surged amid network congestion, as increased trading and on-chain activity strain limited block space, causing delays and higher costs for users.
bitcoin transaction fees reflect real-time network demand. When blocks are crowded, users bid higher fees for priority. Understanding this market helps optimize cost and confirmation speed.
bitcoin transactions are grouped into blocks, verified by miners, and linked cryptographically. Each block references the previous one, forming a transparent, tamper-resistant public ledger.
bitcoin prioritizes security over scalability to protect the integrity of its ledger, minimize attack vectors, and maintain decentralization, even at the cost of slower, costlier transactions.