Bitcoin is a form of digital cash that allows the transfers of funds peer-to-peer over the internet without using a financial institution. is an excellent way to purchase goods or services online because it is faster, safer, and cheaper than any other payment processor (Visa, Mastercard, PayPal, etc.) available today.
A Bitcoin can be divided out to eight decimal places, so you can send someone 0.00000001 Bitcoins. This smallest fraction of a Bitcoin — the penny of the Bitcoin world — is referred to as a Satoshi, after the anonymous creator of Bitcoin.
Bitcoin is not a company, it doesn't have a CEO, yet it still runs 24/7, 365 days a year. OpenNode is a payments company that helps businesses accept bitcoin and access an increasingly global economy. We are bringing efficiency to the payments industry through the power of bitcoin.
Read more about how to get set-up with your own Bitcoin wallet and start experiencing the advantages of the fastest growing payments network today.