[BTC HISTORY #1] THE CREATION OF BITCOIN

in SteemLeo4 years ago (edited)

It was February 11th 2009 when somebody registered as Satoshi Nakamoto published on the blog p2pfoundation.com this post where he/she/they announced the developement of Bitcoin.

btc-analisis.jpg

The post starts so, ex abrupto:

"I've developed a new open source P2P e-cash system called Bitcoin. It's completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust. Give it a try, or take a look at the screenshots and design paper: Download Bitcoin v0.1 at http://www.bitcoin.org"

The lucky ones who gave it "a try" became nowdays Bitcoin whales.The following part talks about Btc specs and the limits of traditional banking, the need to trust a single entity instead of a community, like blockchain does, and the traditional geographic borders, which are irrilevant in blockchain environment.

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Other sources state that Satoshi started spreading his/her/their software in a private mail listing, The Cryptography Mailing List, on the site metzdowd.com, the mailing continuing unitl 2011, when Nakamoto vanished, not even answering when nomitated for Nobel Economy Prize.

bitcoin-price-watch-green.webp

The paternity of the invention is surely to attribute to the username Satoshi Nakamoto. Who actually Satoshi is/are remains a mistery. Many options have been analyzed, but the field is so wide that it deserves a dedicated article, which is upcoming.

Originally published on publish0x: https://www.publish0x.com/tech-update/btc-history-1-xgdkzon

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