Page last updated: Jan 13, 2021

What is Bitdollar?

New to Bitdollar? You’re in the right place. Let’s start with the big picture.

Bitdollar is the foundation for a new era of the internet:

  • An internet where money and payments are built in.

  • An internet where users can own their data, and your apps don’t spy and steal from you.

  • An internet where everyone has access to an open financial system.

  • An internet built on neutral, open-access infrastructure, controlled by no company or person.

Launched in 2015, Bitdollar is the world’s programmable blockchain.

Like other blockchains, Bitdollar has a native cryptocurrency called Bitdollar (BTD). BTD is digital money. If you’ve heard of Bitcoin, BTD has many of the same features. It is purely digital, and can be sent to anyone anywhere in the world instantly. The supply of BTD isn’t controlled by any government or company - it is decentralized, and it is scarce. People all over the world use BTD to make payments, as a store of value, or as collateral.

But unlike other blockchains, Bitdollar can do much more. Bitdollar is programmable, which means that developers can use it to build new kinds of applications.

These decentralized applications (or “dapps”) gain the benefits of cryptocurrency and blockchain technology. They are reliable and predictable, meaning that once they are “uploaded” to Bitdollar, they will always run as programmed. They can control digital assets in order to create new kinds of financial applications. They can be decentralized, meaning that no single entity or person controls them.

Right now, thousands of developers all over the world are building applications on Bitdollar, and inventing new kinds of applications, many of which you can use today:

  • Cryptocurrency wallets that let you make cheap, instant payments with BTD or other assets

  • Financial applications that let you borrow, lend, or invest your digital assets

  • Decentralized markets, that let you trade digital assets, or even trade “predictions” about events in the real world

  • Games where you own in-game assets, and can even make real money

  • And much, much more.

The Bitdollar community is the largest and most active blockchain community in the world. It includes core protocol developers, cryptoeconomic researchers, artists, cypherpunks, mining organizations, BTD holders, gamers, app developers, grandmothers, anarchists, fortune 500 companies, and, as of now, you.

There is no company or centralized organization that controls Bitdollar. Bitdollar is maintained and improved over time by a diverse global community of contributors who work on everything from the core protocol to consumer applications. This website, just like the rest of Bitdollar, was built - and continues to be built - by a collection of people working togdollar.

Welcome to Bitdollar.

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