Full Name: Bitcoin
Issue Date: 2009-01-03
Max Supply: 21 million BTC
Circulating Supply: 17.07 million BTC (2018-06-05)
Market Cap: $127.3 billion (2018-06-05)
The concept of Bitcoin (BTC) was originally proposed by Satoshi Nakamoto. It is a digital cryptocurrency for P2P transmission, decentralized storage, and is currently the most widely used digital currency.
While Bitcoin does not rely on a specific issuer, a certain number of coins are issued approximately every 10 minutes and is expected to be released in 2140 according to a specific algorithm. Bitcoin implements the underlying security architecture based on blockchain, which is essentially an open ledger containing current transactions and historical transactions. Network nodes compete power to reach a consensus, based on cryptographic algorithms to achieve system security, and to ensure the anonymity of asset circulation process, and finally achieve a distributed database consisting of all network nodes to record transaction data. When some nodes fail, the accounting system remains operate normally.