Bitcoin (BTC) is the world's first decentralized cryptocurrency.
It operates on a peer-to-peer electronic payment system,
using public-key cryptography to record, sign, and send
transactions over the Bitcoin blockchain. No central
authority oversees it, making it truly independent.
Historical Performance
Launched in 2009, BTC has climbed a staggering 9,000,000% between 2010 and 2020.
The first halving event occurred in November 2012, reducing new BTC issuance.
BTC reached parity with the U.S. dollar in February 2011.
In 2017, it peaked at an all-time high of $19,850.
Despite volatility, BTC remains a top-performing asset class.
Explore Bitcoin
Check out our Index page for real-time Bitcoin price chart and stay informed about the latest trends in the crypto market!
Bitcoin ETF
The recent approval of spot Bitcoin ETFs marks a significant
development in the crypto space. It provides a regulated way
for investors to gain exposure to Bitcoin, bridging the gap
between traditional finance and the digital asset world.
Click the button to start investing...
Blockchain Technology
Bitcoin operates on a decentralized ledger called the blockchain. This technology ensures transparency, security, and immutability of transactions.
Each block in the chain contains a set of transactions, and once added, it cannot be altered.
Miners validate transactions and compete to solve complex mathematical puzzles to add new blocks.
Mining and Consensus
Mining is the process by which new bitcoins are created and transactions are confirmed.
Miners use powerful computers to solve cryptographic puzzles, and the first one to succeed gets rewarded with newly minted bitcoins.
The proof-of-work consensus mechanism ensures network security.
Halving Events
Approximately every four years, the block reward for miners is halved. This event is known as a halving.
The first halving occurred in 2012, reducing the reward from 50 BTC to 25 BTC.
The most recent halving is the 4th halving occurred this 2024, reducing the reward from 6.25 BTC to 3.125 BTC.
Halvings lead to scarcity and often drive price increases.
Wallets and Addresses
Bitcoin wallets store private keys that allow users to access their funds.
Wallets come in various forms: hardware wallets, software wallets, and paper wallets.
Bitcoin addresses are alphanumeric strings derived from public keys and serve as destinations for transactions.
Volatility and Price Movements
Bitcoin's price can be highly volatile due to factors like market sentiment, regulatory news, and macroeconomic events.
It has experienced significant bull runs and corrections throughout its history.
Adoption and Use Cases
Bitcoin is a store of value, digital gold, and a hedge against inflation.
Some companies accept BTC as payment, and it's increasingly recognized as an asset class.
Lightning Network aims to improve scalability and enable faster, cheaper transactions.
Continued Learning
Bitcoin has made significant strides, however, it's still an evolving space. Stay informed with 4th Pool,
explore further, and enjoy your journey into the world of cryptocurrencies!
