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Recent Payout History

Claim ID Payout Address Sending Amount (BTC) Date Time
239592 17SUtVQSrWCb7uC8X9uayakbVhBcG4NXoJ 2 Satoshi 11/05/2021 10:50:40
239591 1N4RhydxM7Rs6jcd1q45YgaWvHdVkC2G5C 2 Satoshi 11/05/2021 10:44:54
239590 bc1q9d8y33nvml7tmzh4xhsw8rvqhd0fntkqch3xfk 2 Satoshi 11/05/2021 10:40:05
239589 bc1q9d8y33nvml7tmzh4xhsw8rvqhd0fntkqch3xfk 2 Satoshi 11/05/2021 10:26:34
239588 bc1q23v3mmkx8yppvn5sgl4d4d4qj9plpwlz56hj07 2 Satoshi 11/05/2021 10:14:09
239587 17FbAn3FqNriNNoBUE2Dn6SkVpt1jSenwX 2 Satoshi 11/05/2021 10:10:06
239586 bc1qv36lf5we7urjp473gggavfzqyzpl6qn548wzsf 2 Satoshi 11/05/2021 10:04:29
239585 15EuByc8Kpy5z4fTTnS1zvZ31T9MvQ38zN 2 Satoshi 11/05/2021 9:59:18
239584 bc1qh9dtzleljx30lst8f23az04hne8zcedz7qsu70 2 Satoshi 11/05/2021 9:52:42
239583 1MHVXHQ7oyUr2hw44uZ3X9sKqe8W2utU4y 2 Satoshi 11/05/2021 9:49:31

What is Bitcoin

Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.Bitcoin (₿) is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and was released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and by reputable economists stating that "it should have a zero price". Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

— Satoshi Nakamoto, Founder of Bitcoin

What is Bitcoin Faucet

A bitcoin faucet is 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. The first bitcoin faucet was called The Bitcoin Faucet and was developed by Gavin Andresen in 2010. It originally gave out 5 bitcoins per person.

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.

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