Layer 1 blockchain

Bitcoin

Proof-of-work peer-to-peer currency network with a hard cap of 21 million bitcoins.

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Facts checked Sep 26, 2026

Bitcoin key facts

CategoryLayer 1 blockchain
PlatformsMainnet, RPC
TokenBTC
Open sourceYes (Bitcoin Core)

BTC token

Price
$84,113 +0.6% 24h
Market cap
$1.7T
Fully diluted value
$1.7T
30-day change
+4.9%
BTC price, last 30 days

Market data: CoinGecko, updated Sep 26, 2026. Educational content, not financial advice.

About

What is Bitcoin?

Bitcoin is a peer-to-peer digital currency secured by proof-of-work mining. Its first specification was published in 2009 by Satoshi Nakamoto. New blocks arrive about every 10 minutes on average, and issuance halves over time until a total of 21 million bitcoins exist.

Layer 1 blockchainMainnetRPC

Bitcoin pros and cons

Pros
  • Supply capped at 21 million bitcoins
  • Reference software Bitcoin Core is open source on GitHub
  • Creator Satoshi Nakamoto left the project in late 2010; no company runs it
Cons
  • Blocks arrive about every 10 minutes on average, with no guaranteed time
  • Miners are expected to rely on fees alone once issuance ends
  • Waiting for several confirmations is advised before treating a payment as final

Bitcoin FAQ

What is Bitcoin?

Bitcoin is a peer-to-peer digital currency secured by proof-of-work mining. Its first specification was published in 2009 by Satoshi Nakamoto. New blocks arrive about every 10 minutes on average, and issuance halves over time until a total of 21 million bitcoins exist.

Does Bitcoin have a token?

Yes, BTC. Its market cap was $1.7T on CoinGecko on Sep 26, 2026. Educational content, not financial advice.

Sources

  1. Bitcoin: official site
  2. Bitcoin: FAQ
  3. Bitcoin: Bitcoin Core GitHub repository
  4. CoinGecko

How this page works

Sources: Bitcoin: official site, Bitcoin: FAQ, Bitcoin: Bitcoin Core GitHub repository. Data as of Sep 26, 2026.

How we review

Not affiliated with any project listed. Educational content, not financial advice.