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Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation. [7]: ch. 1 In 2021, El Salvador adopted it as legal tender ...
On the 18th of August 2008, the domain name bitcoin.org was registered. [12] Later that year, on 31 October, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System [13] was posted to a cryptography mailing list. [14]
Satoshi Nakamoto message embedded in the coinbase of the first block. Nakamoto said that the work of writing bitcoin's code began in the second quarter of 2007. [9] On 18 August 2008, he or a colleague registered the domain name bitcoin.org, [10] and created a web site at that address.
Bitcoin’s schedule is 10.5 million coins created in the first four years, 5.25 million the next four years, 2.625 million the next four years, and so on, never to exceed a total of 21 million.
A bitcoin-based currency featuring instant transactions, decentralized governance and budgeting, and private transactions. 2014 NEO: NEO Da Hongfei & Erik Zhang SHA-256 & RIPEMD160: C# [38] dBFT: China based cryptocurrency, formerly ANT Shares and ANT Coins. The names were changed in 2017 to NEO and GAS. 2014 MazaCoin: MZC BTC Oyate Initiative ...
The true identity of the cryptocurrency's founder, "Satoshi Nakamoto," has possibly been revealed in the HBO documentary 'Money Electric: The Bitcoin Mystery'
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The U.S. arm of Greenpeace stopped accepting bitcoin donations after seven years. It said: "As the amount of energy needed to run bitcoin became clearer, this policy became no longer tenable." [277] In 2022, the Ukrainian government raised over US$10,000,000 worth of aid through cryptocurrency following the 2022 Russian invasion of Ukraine. [278]