Cryptotalksworld Forum

Bitcoin => Bitcoin starters => Topic started by: allcoinsmoon on January 31, 2019, 12:13:40 PM

Title: Bitcoin History
Post by: allcoinsmoon on January 31, 2019, 12:13:40 PM
Bitcoin was the first established cryptocurrency—a digital asset that is secured with cryptography and can be exchanged like currency. Other versions of cryptocurrency had been launched but never fully developed when Bitcoin became available to the public in 2009. The anonymous Satoshi Nakamoto—possibly an individual or a group whose real identity is still unknown—is behind the development of Bitcoin who stated the goal of the technology was to create “a new electronic cash system” that was “completely decentralized with no server or central authority.” In 2010, someone decided to sell their Bitcoins for the first time to purchase two pizzas for 10,000 Bitcoins. I hope the pizza was good, because if that person would have held onto those Bitcoins, they would be worth more than $100 million today. In 2011, Nakamoto shared the source code and domains with the Bitcoin community and hasn’t been heard from again.