A decentralized open-source digital currency.

Explore the features

ConsensusProof of Work (PoW)
Public / Private / PermissionedPublic
Smart contractsNo
Transaction privacyNo
Transaction visibilityAll participants have access to all entries ever recorded.
Transaction orderingTopological ordering from the perspective of transaction outputs.

Fault tolerance

PoW is vulnerable to a “51% attack”. Whoever has 51 percent or more of the network’s computing power can manipulate the blockchain to their advantage.


Performance on public blockchains utilizing PoW are orders of magnitude less than permissioned or private blockchains running other consensus protocols.

Suggestions for use with consortia

Use Bitcoin:

  • to anchor private blockchain data
  • for cryptocurrency mining/exchanges
  • to publish transactions for the public to view

Industry use case

Digital currency.

Learn more

What’s next?

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