fauset list
faucet name time earn
bitlucky 5 min 10 to 50 satoshi
bituniverse 5 min 10 to 50 satoshi
huefaucet 5 min 10 to 50 satoshi
bitgolden 5 min 10 to 50 satoshi
btcforclicks 5 min 10 to 50 satoshi
claimbits 5 min 5 to 50 satoshi
gobits 5 min 10 to 50 satoshi
fautsy 5 min 13 to 100 satoshi
konstantinova 5 min 20 satoshi
elenafaucets01 5 min 52 to 101 satoshi
elenafaucets02 5 min 52 to 101 satoshi
elenafaucets03 5 min 52 to 101 satoshi
elenafaucets04 5 min 52 to 101 satoshi
getyourbitco 5 min 50 satoshi
timeforbitco 5 min 60 satoshi
worldofbitco 5 min 50 satoshi
weatherx 5 min 60 satoshi
chronox 5 min 60 satoshi
xbit 5 min 40 satoshi
bitcoinstraker 5 min 50 satoshi
freebtcworld 5 min 50 satoshi
gamefaucet no time 1 to 5 satoshi
coindrip no time 1 to 10 satoshi
upbitcoin 20 min 20 to 1000 satoshi
btcinbtc no time 15 satoshi
blockfaucet no time 1 to 5 satoshi
20hk no time 10 to 20 satoshi
seek-inn no time 10 to 20 satoshi and 2000 to 700 captcha
faucet.geekhash 60 min 10 to 5000 satoshi
luckybtcfaucet 15 min 30 to 100 satoshi
sunmoonbitco 20 min 1000 satoshi
xfaucet 7 min 15 satoshi


BTCClicks.com Banner

What is Bitcoin?

Bitcoin is a cryptocurrency and a payment system invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto. Bitcoin was introduced on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009. There have been various claims and speculation concerning the identity of Nakamoto, none of which are confirmed. The system is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain, which uses bitcoin as its unit of account. Since the system works without a central repository or single administrator, the U.S. Treasury categorizes bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed and it is more correctly described as the first decentralized digital currency. Bitcoin is the largest of its kind in terms of total market value.
Bitcoins are created as a reward in a competition in which users offer their computing power to verify and record bitcoin transactions into the blockchain. This activity is referred to as mining and successful miners are rewarded with transaction fees and newly created bitcoins. Besides being obtained by mining, bitcoins can be exchanged for other currencies, products, and services. When sending bitcoins, users can pay an optional transaction fee to the miners. This may expedite the transaction being confirmed.
In February 2015, the number of merchants accepting bitcoin for products and services passed 100,000. Instead of 2–3% typically imposed by credit card processors, merchants accepting bitcoins often pay fees in the range from 0% to less than 2%. Despite the fourfold increase in the number of merchants accepting bitcoin in 2014, the cryptocurrency did not have much momentum in retail transactions. The European Banking Authority and other sources have warned that bitcoin users are not protected by refund rights or chargebacks. The use of bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, law enforcement, and media. Criminal activities are primarily focused on darknet markets and theft, though officials in countries such as the United States also recognize that bitcoin can provide legitimate financial services.