Bitcoin
Classification Description
Name Bit coin
Abbreviation BTC
Genesis 01-Jan-09
Developer Nagamodo Satoshi (Unknown)
Total issue limit 21 million
Issuing (mining) method PoW
Block size 1MB
Block creation time 10 minutes
Characteristic "▶ The first encrypted currency (Crtyto currency) and the top market cap
▶ The smallest unit of bit coin is called ""Satoshi"" to commemorate Nagomoto
Satoshi, the inventor
▶ Crtyto currency that can be traded in P2P format and exchanged
electronically on behalf of existing currency
▶ With a half-life period in which profitability is increased every four years and
profitability is reduced by 50%, it is set to be able to issue up to 21 million bit
coins until 2145 (16.7 million issued as of January 2018)
▶ In 2009, it was possible to use a PC for home use, but if the price of the market
exceeds $ 1,000 by 2013, it should be mined through ASIC chip rather than graphic
card.
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