BitBOX Message Board

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Posted 4/12/2016 4:25:15
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Posted 4/12/2016 2:45:46
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Posted 4/12/2016 1:38:35
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Posted 3/12/2016 22:18:3
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Posted 3/12/2016 9:58:48
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Posted 3/12/2016 6:29:6
thanks

Posted 3/12/2016 3:59:8
NEW 200 satoshi in 15 min. ePay
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Posted 3/12/2016 3:49:1
120 satoshi every 5 mins
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Posted 3/12/2016 2:45:31
Latest posts

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100 (93%), 300 (6%), 700-1000 (1%) satoshi every 720 minutes.

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What is Bitcoin?

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence. From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users. Behind the scenes, the Bitcoin network is sharing a public ledger called the "block chain". This ledger contains every transaction ever processed, allowing a user's computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending bitcoins from their own Bitcoin addresses. In addition, anyone can process transactions using the computing power of specialized hardware and earn a reward in bitcoins for this service. This is often called "mining". To learn more about Bitcoin, you can consult the dedicated page and the original paper.

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Price chart & News

What is Satoshi?

The satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). The unit has been named in collective homage to the original creator of Bitcoin, Satoshi Nakamoto.

How many Bitcoins are in the world?

As of 6 February 2016, there are 15.2 million bitcoins circulation of a capped total of 21 million. Here's an up-to-date graph and other bitcoin network statistics. That means over 72% of all bitcoins are already in circulation. Currently there are 25 new bitcoins produced (mined) every 10 minutes.

Owner?

Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.

Faucet?

Faucet are websites which are giving small amounts of bitcoin to users, for solving captcha. Faucets are paying from their advertisements revenue, so rewards are small. It's also possible to promote faucet referral link, to earn some % of your referral earnings.