BTC was born in 2009. The issue price at that time was, hehe, "free". As long as you have a computer, you can dig it. At that time, one Bitcoin was worth a few cents. Remember the case of Bitcoin for pizza? But what about now? Today, June 6, 2024, it is $71,000. In other words, if you bought Bitcoin with one dollar, you might be able to afford a luxury car now! How many times has it increased? I'm not good at math, so I can't calculate it, anyway, it's many times!
Let's talk about the security mechanism. Bitcoin uses blockchain technology. This thing is like a tumbler. No one can tamper with the record, because every transaction is recorded in blocks, and it becomes a chain when connected. Want to change it? It's difficult!
There are also many Bitcoin addresses now, which have exceeded 100 million.
Bitcoin has many brothers and sisters, and many of them are forked. The more famous ones are Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, and some more bizarre names. I'm afraid you will laugh if I say too much.
As for who is Satoshi Nakamoto, the mysterious creator of Bitcoin, everyone has been guessing. Some say he is a mathematical genius, while others say he was sent by aliens. His identity is still a mystery. Legend has it that Satoshi Nakamoto still has about 1 million Bitcoins, which is really a large number.
Mining Bitcoin is not easy now. It is no longer something that can be done with a home computer. Miners use professional mining machines, such as Antminer, which is noisy and consumes a lot of power, but has strong computing power.
There are so many people participating in the Bitcoin network, all over the world, and some countries even regard it as legal currency.
There are also many famous applications, such as the payment platform BitPay, the shopping website Overstock, and the famous Bitcoin wallet Blockchain.
As for the handling fee for each transfer, it depends on whether you are in a hurry. If you want to confirm quickly, the handling fee is higher, about a few dollars; if you are not in a hurry, it can be cheaper, or even free, but you have to wait for a while.
In short, the world of Bitcoin is magical and interesting, and it is worth exploring!