To most people Bitcoin is probably the best known cryptocurrency, and when it made its huge climb to nearly $20,000 momentarily, and got mainstreams attention kicking off a modern time ‘gold rush’. This however, is only a small fraction of what is should be known for.
Not only is Bitcoin the first decentralized cryptocurrency but it also introduced a new technology which we know as blockchain. While the concept on which Bitcoin was created – an electronic cash system – is disruptive to the financial industry, the blockchain technology is what will truly revolutionize the rest of the industries due to its wide range of application.
Bitcoin should be known as the mother to all current and future cryptocurrencies, but should really be credited for all new technology developments that are using the blockchain as a blueprint.
|Company name:||Bitcoin is not an actual company|
|Year founded:||2009 (concept drafted in 2008)|
|Founders:||Satoshi Nakamoto (whether it is an individual or group is not known)|
|Use:||– Electronic cash system|
|Target audience:||– Consumers
|Total amount created:||21 million|
|Amount in circulation:||17 million as of March 2018|
|Market cap:||$131 billion as of March 2018|
|Consensus Protocol:||Proof-of-Work (PoW)|
|Crypto Currency||Price||24H % Change||Supply||Volume||Market Cap|