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Who made bitcoin

Publish: 2021-04-09 10:08:31
1. Only Nakamoto himself knows that other people can't get the real answer

bitcoin is the first currency to realize the concept of "secret currency". In 1998, Wei Dai first expounded the concept of "secret currency" in cypherpanks mailing list, that is, a new form of currency that uses cryptography principles to control the issuance and transaction of currency, rather than relying on the central management organization. In 2009, Satoshi Nakamoto published the first bitcoin specification and its proof of concept in the cryptography mailing list. At the end of 2010, Nakamoto left the project and did not disclose much about his identity. Since then, many developers have devoted themselves to bitcoin projects, and the bitcoin community has grown rapidly
Nakamoto's anonymous identity often leads to groundless worries, many of which are related to the misunderstanding of bitcoin's open source features. Bitcoin's protocol and software are published publicly. Any developer around the world can view its code or develop their own modified version of bitcoin software. Just like current developers, Nakamoto's influence is limited to the changes he makes that are adopted by others. Therefore, Nakamoto does not control bitcoin. So, today, the question of the identity of the inventor of bitcoin may be the same as that of the inventor of paper
up to now, bitcoin is only a small-scale large-scale socialization experiment, while Ruitai coin and Qianjin card are the experimental objects of bitcoin.
2. A documentary says that the Internet is developing too fast and widely, and everyone can't do without the Internet. So some people began to think of a general currency, bitcoin, which is mainly used on the Internet and has all the functions of real currency, but there is no such currency in the real world. I remember it was a Japanese who first put forward this idea, and then found a group of people to work together to start the plan.
3. Bitcoin is a virtual encrypted digital currency in the form of P2P. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009
on November 1, 2008, a self styled Satoshi Nakamoto published a white paper on bitcoin, bitcoin: a peer-to-peer e-cash system, on the P2P foundation website, stating his new idea of e-money, bitcoin. On January 3, 2009, bitcoin Genesis block was born

warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
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4. On October 31, 2008, a man named Nakamoto Nakamoto, whose English name is Satoshi Nakamoto, published a paper on bitcoin in a cryptography email group. The paper is only eight or nine pages long, but it makes all the important concepts clear.
5. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

on December 17, 2017, bitcoin reached an all-time high of $19850.
6.

Nakamoto invented bitcoin

on November 1, 2008, a person who called himself Nakamoto Tsung published the white paper bitcoin: a peer-to-peer e-cash system on the P2P foundation website, stating his new idea of e-money bitcoin came out

in 2009, Nakamoto designed a digital currency, namely bitcoin. The booming bitcoin market has gone up and down, and the identity of its founder "Nakamoto" has always been a mystery. Rumors about "the father of bitcoin" involve from the US National Security Agency to financial experts, and also give bitcoin a mysterious aura



extended data:

starting from the essence of bitcoin, the essence of bitcoin is actually the special solution generated by a bunch of complex algorithms. A special solution is one of the finite solutions of a system of equations. Every particular solution can solve the equation and is unique

in the metaphor of banknotes, bitcoin is the number of the top word of a banknote. If you know the number of the top word on a banknote, you have the banknote

and the process of mining is to constantly seek the special solutions of the equations through huge amount of calculation. The equations are designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million

7. Shinichi Mochizuki, Professor of mathematics at Kyoto University
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