HomeBTC / CNY • Cryptocurrency
add
Bitcoin (BTC / CNY)
Previous close
459,562.15
News about BTC
Bitcoin's fourth halving event
News about Bitcoin
News about ETF, Bitcoin
About Bitcoin
Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that requires increasing quantities of electricity and guarantees the security of the bitcoin blockchain.
Based on a free market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender. Bitcoin is currently used more as a store of value and less as a medium of exchange or unit of account. It is mostly seen as an investment and has been described by many scholars as an economic bubble. As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries as of 2021. WikipediaAbout Chinese Yuan
The renminbi is the official currency of the People's Republic of China. It is the world's 5th most traded currency as of April 2022.
The yuan is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao, and the jiao is further subdivided into 10 fen. The renminbi is issued by the People's Bank of China, the monetary authority of China. Wikipedia