bitcoin.
Real time Market data.
What is bitcoin? (with the small 'b')
Bitcoin is the first successful internet currency based on peer-to-peer technology; where no central bank or financial authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous group/individual under the pseudonym Satoshi Nakamoto.
The source code is publicly available as an open source project, anyone can consult it and be part of the development process. Bitcoin is changing the way we see money nowadays. The idea was to produce a medium of exchange, independent of any central authority, that can be transferred electronically in a secure, verifiable and immutable way.
It is a decentralised, peer-to-peer internet currency that facilitates mobile payments, has very low transaction fees, protects the identity of the user, and works anywhere, anytime, without banks or central authorities.
Bitcoin is designed so that there are only 21 million BTC available, making it a deflationary currency. Bitcoin uses the SHA-256 hash algorithm with an average transaction confirmation time of 10 minutes. Miners' are people who mine Bitcoin using an ASIC chip dedicated solely to 'mining' Bitcoin, and the hash rate has skyrocketed to petabytes.
As the first successful online cryptocurrency, Bitcoin has inspired other alternative currencies such as Litecoin, Ethereum, and many others.
Score: 46
Our Scorecard.
We decided to take into account the following parameters and give a scoring from 1 to 10 on each of the different categories.
In this regard we have analysed:
Market Cap
Technology
Market need
Competition
Team
Liquidity
Tokenomics
The estimate was made taking into account several sources including Coinmarketcap, CoinGecko, crypto reports 2021/2022.