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RE: Musing Posts

Bitcoin is a consensus network that allows new payment systems and money to be fully digital. Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without any central authority or intermediary. From the user's point of view, Bitcoin is similar to cash in the internet world. Bitcoin can also be seen as a bookkeeping system of the three most prominent records that exist today.

Who created Bitcoin?

Bitcoin is the first implementation of a concept called "cryptocurrency", first described in 1998 by Wei Dai in the cypherpunks mailing list, suggesting the idea of ​​a new form of money that uses cryptography to control manufacture and transactions, rather than using centralized authority. Bitcoin specifications and proof of concept were first published in 2009 in a cryptographic mailing list by Satoshi Nakamoto. Satoshi left this project at the end of 2010 without revealing his true self. The Bitcoin community is growing rapidly as many developers are working on Bitcoin.

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