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Recent Payouts

User Reward Date
1EEkJKVfqWG1Mh58HEhbE2APUY1sJKbauy5 satoshi2022-07-02 08:42:44
bc1q9wueyaczrdhl58wpj3vqy8r29933wg7tqwu9p85 satoshi2022-07-02 08:08:17
1GEhyYNiFWk5Nq3PcBrexz2b7dzxPmsSwn5 satoshi2022-07-02 08:05:59
1AKD7E8S93UhNUgf6UGCcZmsHMhGgaPp335 satoshi2022-07-02 08:05:45
17Ywm13pPYshUDYHY1T1e7VArT29b4u9hG5 satoshi2022-07-02 08:03:27
123inZrPLE8ajJc3cszaGEt8xQeYQuxSju5 satoshi2022-07-02 07:59:58
19NXCanv4y9A5BD7yJc32wvnvbLr6xyQWX5 satoshi2022-07-02 07:55:24
1GkMSJtro4D7qewvqTUHrsXQqZsRRP5Mwi5 satoshi2022-07-02 07:41:15
167U6ncHEdNsNDsykY7N84APoQ1CYU5YKn5 satoshi2022-07-02 07:30:26
1LU9iAfSLJjEWgxV6XWuRCKvedAGXJrh5c5 satoshi2022-07-02 07:26:38

What is Bitcoin?

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, since the system works without a central repository or single administrator. It was invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

What is a bitcoin faucet?

Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies. Rewards are dispensed at various predetermined intervals of time. Faucets usually give fractions of a bitcoin, but the amount will typically fluctuate according to the value of bitcoin. Faucets are a great way to help introduce new people to bitcoin, or to your favourite altcoin. Many faucets provide information to newbies as well as offering them some free coins so that they can try before they buy, experimenting with a test transaction or two before putting real money on the line. Since this whole area is so new and a bit scary to some people, who perhaps don't quite trust it with their hard earned cash yet, this is a great way to promote digital currency and bring in new users.