In 2008, a whitepaper called “Bitcoin: A Peer-to-Peer Electronic Cash System” was published under the pseudonym “Satoshi Nakamoto,” laying the foundation for Bitcoin as we know it today.
Nakamoto himself worked on the development of Bitcoin for two more years after the publication of his whitepaper, mining around one million Bitcoins in the first year of his involvement. After these two years he disappeared and also his, until then prospected, Bitcoins, which remained untouched with a current equivalent value of about 46 billion dollars since then.
Who is behind the creator of the Bitcoin is and remains a mystery, yet he is considered an important part of the entire system of decentralization and the peer-to-peer idea.
Leave A Comment
You must be logged in to post a comment.