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STEPS to Register at FAUCETPAY

First Go to This Link and Register
Login using yout username and Password
Then go to Crypto Deposit Address Click Here
Copy the Bitcoin Address and Login Here using the address to receive fund.
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This Referral link and IDs are different for Different Coins


Last 20 Transactions

CoinAmountFaucetpay IDDated
BITCOIN1 Satoshi 072c6ed9b53d72881af62f88b4a9db1aed954c6c2021-10-17 12:14:00
BITCOIN1 Satoshi 4488c8cec2d9604eb6447ac0812800c66e7cf4002021-10-17 12:12:00
ETHEREUM8 Satoshi 3a692d7b1ef663931dc392ddcf3faaf865e5d2c52021-10-17 12:12:00
DOGECOIN69990 Satoshi 967190a7c286d9b3e0dc57b189035798ee76e90b2021-10-17 12:11:00
DOGECOIN65319 Satoshi 993ecfbf9af9870887866ee1eeb4d66e1e3e52cb2021-10-17 12:10:00
TRON50940 Satoshi 993ecfbf9af9870887866ee1eeb4d66e1e3e52cb2021-10-17 12:09:00
TRON43888 Satoshi 967190a7c286d9b3e0dc57b189035798ee76e90b2021-10-17 12:09:00
BITCOIN1 Satoshi 993ecfbf9af9870887866ee1eeb4d66e1e3e52cb2021-10-17 12:09:00
TRON46118 Satoshi 76be59cbf5fca05844e28e39e817cebcd25bdc8a2021-10-17 12:09:00
BITCOIN1 Satoshi fb115135772b4fb618ec478534268cc9f08ad3002021-10-17 12:08:00
ETHEREUM12 Satoshi 993ecfbf9af9870887866ee1eeb4d66e1e3e52cb2021-10-17 12:08:00
BITCOIN1 Satoshi 1f6bc451aeefaff0ecd8201be8e82f32560326622021-10-17 12:07:00
DOGECOIN65388 Satoshi 76be59cbf5fca05844e28e39e817cebcd25bdc8a2021-10-17 12:07:00
ETHEREUM9 Satoshi 00a0c44d7b8b88c8db92be1f0ea0f7d7bafe23d52021-10-17 12:03:00
TRON66360 Satoshi 5cf33611ffdd9579f493780fea534467b8312b162021-10-17 12:03:00
ETHEREUM9 Satoshi f1f740a392be413175a6ca774be71676d49ebc6b2021-10-17 12:02:00
BITCOIN1 Satoshi 76be59cbf5fca05844e28e39e817cebcd25bdc8a2021-10-17 12:02:00
DOGECOIN79442 Satoshi 5cf33611ffdd9579f493780fea534467b8312b162021-10-17 12:01:00
ETHEREUM11 Satoshi 9d7703fa50666b50e6fbd753a00ad174f52de5bd2021-10-17 11:59:00
TRON74091 Satoshi c1d1c1fb4eab5ec7fc72475efd12566baf3410922021-10-17 11:58:00

What Is Bitcoin?

Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto.1 The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and, unlike government-issued currencies, it is operated by a decentralized authority. Bitcoin is a type of cryptocurrency. There is no physical bitcoin, only balances kept on a public ledger that everyone has transparent access to. All bitcoin transactions are verified by a massive amount of computing power. Bitcoin is not issued or backed by any banks or governments, nor is an individual bitcoin valuable as a commodity. Despite it not being legal tender in most parts of the world, bitcoin is very popular and has triggered the launch of hundreds of other cryptocurrencies, collectively referred to as altcoins. Bitcoin is commonly abbreviated as "BTC."

Understanding Bitcoin

The bitcoin system is a collection of computers (also referred to as "nodes" or "miners") that all run bitcoin's code and store its blockchain. Metaphorically, a blockchain can be thought of as a collection of blocks. In each block is a collection of transactions. Because all the computers running the blockchain have the same list of blocks and transactions, and can transparently see these new blocks being filled with new bitcoin transactions, no one can cheat the system. Anyone—whether they run a bitcoin "node" or not—can see these transactions occurring in real-time. To achieve a nefarious act, a bad actor would need to operate 51% of the computing power that makes up bitcoin. Bitcoin has around 10,000 nodes, as of June 2021, and this number is growing, making such an attack quite unlikely. But if an attack were to happen, bitcoin miners—the people who take part in the bitcoin network with their computers—would likely fork to a new blockchain, making the effort the bad actor put forth to achieve the attack a waste. Balances of bitcoin tokens are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address published to the world and to which others may send bitcoin. The private key (comparable to an ATM PIN) is meant to be a guarded secret and only used to authorize bitcoin transmissions. Bitcoin keys should not be confused with a bitcoin wallet, which is a physical or digital device that facilitates the trading of bitcoin and allows users to track ownership of coins. The term "wallet" is a bit misleading, as bitcoin's decentralized nature means it is never stored "in" a wallet, but rather decentrally on a blockchain.

Bitcoin Mining

Bitcoin mining is the process by which bitcoin is released into circulation. Generally, mining requires solving computationally difficult puzzles to discover a new block, which is added to the blockchain. Bitcoin mining adds and verifies transaction records across the network. Miners are rewarded with some bitcoin; the reward is halved every 210,000 blocks. The block reward was 50 new bitcoins in 2009. On May 11th, 2020, the third halving occurred, bringing the reward for each block discovery down to 6.25 bitcoins. A variety of hardware can be used to mine bitcoin. However, some yield higher rewards than others. Certain computer chips, called Application-Specific Integrated Circuits (ASIC), and more advanced processing units, like Graphic Processing Units (GPUs), can achieve more rewards. These elaborate mining processors are known as "mining rigs." One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, bitcoin could eventually be made divisible to even more decimal places.


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