Whois & Analysis for bitz.com

Bitcoin is both a cryptocurrency and an electronic 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.

The identity of Nakamoto remains unknown, though many have claimed to know it.

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality.

It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.

Ethereum also provides a value token called "ether", which can be transferred between participants and is used to compensate participant nodes for computations performed.

Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request.

Hong Kong (pronunciation in Hong Kong Cantonese), officially the Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the Pearl River Delta of East Asia.

Macau lies across the delta to the west, and the Chinese province of Guangdong borders the territory to the north.

With a total land area of and a population of over 7.3 million of various nationalities, it ranks as the world's fourth most densely populated sovereign state or territory.

In finance, margin is collateral that the holder of a financial instrument has to deposit with a counterparty (most often their broker or an exchange) to cover some or all of the credit risk the holder poses for the counterparty.

This risk can arise if the holder has done any of the following:

Over-the-counter (OTC) or off-exchange trading is done directly between two parties, without the supervision of an exchange.

It is contrasted with exchange trading, which occurs via exchanges.

A stock exchange has the benefit of facilitating liquidity, mitigates all credit risk concerning the default of one party in the transaction, provides transparency, and maintains the current market price.

In an OTC trade, the price is not necessarily published for the public.