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Recent 10 Payout History

Claim ID Payout Address Sending Amount (BTC) Date Time
245084 1E68nCGqAL74ws6V6uyxYPXhmj1kaGFDQU 2 Satoshi 11/05/2021 1:00:03
245083 bc1q2hjx2axdnmxlhhfwj4250vr5gtqdaqf0smfk5g 2 Satoshi 11/05/2021 12:59:02
245082 1N71AyrjdRiBrbAJ1hJ4J2otwyFHhEE2ZZ 2 Satoshi 11/05/2021 12:57:15
245081 3GWv7rRsBPAC8ucsysZw3HTXBhz4CPHfK1 2 Satoshi 11/05/2021 12:57:09
245080 3AbpkibrFE3YidnHvVooK79bgSaRLX3xfP 2 Satoshi 11/05/2021 12:55:59
245079 1SE9yubjcfeyQRq4PCZ6qcJUE2xVE9Jmv 2 Satoshi 11/05/2021 12:52:20
245078 bc1q0577ugdpyqkrvhj93c8v2su3leu82f80xzmw77 2 Satoshi 11/05/2021 12:43:24
245077 1MWdg9EdwdKnmZTX55ekx8xUkNGaRbtRMM 2 Satoshi 11/05/2021 12:20:36
245076 1G9h1nuP8Uked1DRdM6Kpdo8Zfk5gZo4uy 2 Satoshi 11/05/2021 12:16:41
245075 19fZVoM9PgdXW41Y1xpneYoNHV8iev4BVc 2 Satoshi 11/05/2021 12:08:38

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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