Bitcoin History

By | November 21, 2020

In November 2008, Satoshi Nakamoto published a 8-page white paper explaining the new electronic cash system “based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.”. This is how bitcoin was created. Satoshi himself disappeared off the grid in 2011. The identity of Satoshi Nakamoto was in question from the very beginning. Speculation is that he took one million bitcoins with him when he disappeared.

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