Networks / Bitcoin / BTC

Bitcoin

An open, peer-to-peer payment network that records bitcoin transactions on a shared public ledger.

Official site ↗BTC terminal →

THE OVERVIEW

What Bitcoin does

Bitcoin records confirmed transfers in a shared public ledger. Wallets use this record to calculate spendable balances, while private-key signatures show that a transaction was authorized. Mining places pending transactions into blocks whose rules are checked by the network. [1]

IN PRACTICE

What people use it for

01

Send and receive bitcoin

Wallets generate addresses and sign transactions that are broadcast to the network. [1]

02

Verify payment history

Confirmed transactions become part of the ledger used to check balances and spending authority. [1]

UNDERSTAND THE TECHNOLOGY

Key concepts

Private-key signature

A signature proves authorization and protects the transaction from subsequent alteration. [1]

Mining and confirmation

Mining includes pending transactions in blocks and establishes an agreed transaction order. [1]

MARKET CONTEXT

BTC market

$84,587.00-1.95% 24hPrice history, market data and signal →

Updated 5m ago · CoinGecko

FOLLOW THE STORY

Bitcoin news & coverage

Dextape matches publisher headlines and asset references. Related asset reporting may cover the wider ecosystem.

Bitcoin price eyes $86,000 reclaim as Bollinger support holdsCrypto.news56,197 Americans Now at Risk of Fraud – Names, Social Security Numbers, Financial Records and More Potentially ExposedDailyHodlCrypto ETF flows split as Bitcoin gains $82.9m, Ethereum bleedsCrypto.newsBlackRock’s IBIT buys $195.6 million of Bitcoin in a day, $1.57 billion over the past monthCrypto BriefingCiti Calls For Much Higher BTC, NEAR ETF Goes Live, And More – Weekly RecapBitcoin.comBitcoin tests $86.5K, Bitget reopens, Swift adds Chainlink | Weekly recapCrypto.newsOctober Could Be Wild for Bitcoin: 5 Events Every Crypto Trader Should WatchCryptoPotatoSEC approves 3x leveraged Bitcoin and Ether ETPs, but trading has to waitCrypto BriefingNew SEC crypto rules threaten small advisers, but big firms winCryptoSlateBitcoin Pays No Coupon: Saylor Details Where Strategy Gets the DollarsBitcoin.comUS Rallied Bitcoin and Iran Crashed It In a Dramatic 24 Hours for CryptoBeInCryptoIMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin ProjectBitcoin MagazineClarity is a calendar, not a sloganDextape · Related asset coverageHow to read a crypto market day without the ticker reading youDextape · Related asset coverageOdds are a price on a ruleDextape · Related asset coverageSelf-custody: a practical wallet safety checklistDextape · Related asset coverageCirculating supply, market cap and FDV explainedDextape · Related asset coverageHow Dextape reviews a hardware walletDextape · Related asset coverage

GO DEEPER

Official resources & sources

Dextape explanations based on the primary documentation below.

[1] How Bitcoin works ↗Wallets, signatures, the ledger and mining.Reviewed
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