Today In History

January 3 in History

2009 – The first block of the blockchain of the decentralized payment system Bitcoin, called the Genesis block, is established by the creator of the system, Satoshi Nakamoto

By Editor_1 0

Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed bitcoin – the decentralized digital currency that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries, a central bank or single administrator-  authored the bitcoin white paper, and created and deployed bitcoin’s original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database and was active in the development of bitcoin up until December 2010. Many people have claimed, or have been claimed, to be Nakamoto.

-Wikipedia

Editor_1
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