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Satoshi Nakamoto is the name used by the presumed pseudonymous [1] [2] [3] [4] person or persons who developed bitcoin, authored the bitcoin white paper, and created ...
Before Bitcoin became the first cryptocurrency, it was just an idea outlined in a white paper by an author who went by the pen name of Satoshi Nakamoto. Nakamoto’s vision was of a decentralized ...
After releasing the Bitcoin white paper, Satoshi Nakamoto summarized how it would get created. I’ll explain who makes the coin in a moment. Bitcoin has no central authority, server, storage, or ...
Stornetta and Stuart Haber are the most cited authors in Satoshi Nakamoto’s original Bitcoin white paper; of the eight citations, three reference their work. [11]Their 1991 paper "How to Time-Stamp a Digital Document” is where they first describe a digital hierarchy system called "Blockchain". [12]
Bitcoin whitepaper, "A Peer-to-Peer Electronic Cash System"-- the 8-page long document laying out the principles of the crypto -- turned 13 on Oct. 31. While many things have changed regarding...
Later that year, on 31 October, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System [14] was posted to a cryptography mailing list. [15] This paper detailed methods of using a peer-to-peer network to generate what was described as "a system for electronic transactions without relying on trust".
The domain name bitcoin.org was registered on 18 August 2008. [15] On 31 October 2008, a link to a white paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. [16] Nakamoto implemented the bitcoin software as open-source code and released it in January 2009. [6]
The inventor of Bitcoin famously held on to 1.1 million coins — or 5% of the 21 million Bitcoins that will ever be mined, according to the protocols laid out in the white paper. At contemporary ...