Why was Bitcoin created?. To some, the fact that Satoshi ...
Who Created Bitcoin?
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
05-16 05:34 - 'Yeah, but revealing who Satoshi Nakamoto is, kinda looks like a impossible thing. I for one, always thought it was a team who created bitcoin and not just one guy.' by /u/alexionut6 removed from /r/Bitcoin within 86-96min
The creation of effective processes, products, and ideas is crucial for a business because it could mean implementing new ideas, improving services or creating dynamic products. Innovation can act as a catalyst that can make one's business grow and can help an individual adapt in the marketplace. In the case of Mr. Satoshi Nakamoto, the creator of Bitcoin, he used the emerging technology of blockchain to create bitcoin and innovate the use of computer and internet. Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin blockchain network without the need for intermediaries. Bitcoin pioneers wanted to put the seller in charge, eliminate the middleman, cancel interest fees, and make transactions transparent, to hack corruption and cut fees. Bitcoin is one of the greatest innovation yet also have a big mystery in the tech world today. Until now that creator of Bitcoin is still unknown. The first instance of the name Satoshi Nakamoto came in the form of a user profile on a forum for the peer to peer advocacy and development organization P2P Foundation. In this profile, Satoshi’s personal information lists his date of birth as 1975 and his nation of residence as Japan. Several people are suspected to be Satoshi. As said to this article One of the first and most easily dismissed claims was that of Dorian Satoshi Nakamoto. The 68-year-old Japanese-American living in California, was identified in a 2014 Newsweek article as the elusive Bitcoin creator. Another one is a cryptography enthusiast as well as a pioneer in decentralized digital currency, Nick Szabo developed a precursor to Bitcoin, BitGold. Still, he is denying that he's the creator of bitcoin. One of the most intriguing updates regarding Nakamoto's real identity is with Craig Wright, for he is claiming that he's the real Satoshi Nakamoto and creator of bitcoin. He is an Australian academic who was brought into the spotlight of Satoshi when Wired Magazine published an article in 2015 claiming Wright “either invented bitcoin or is a brilliant hoaxer”. In regards to his announcement, it lacks evidence on proving that he is Satoshi. Adding fuel to the fire was an ongoing investigation by Australian tax authorities into Wright’s bitcoin holdings, which, after a police raid of Wright’s home, drove the academic to England. Some prominent bitcoin personalities like Jeff Garzik is still skeptical about Wright's proclamation.
So i was thinking if anyone here knows who created this cryptocurrencie of Bitcoin and that block chain concept of it, is it a man or a female? Or, and this is my actual question.. Could an AI be reaponsible of creating this crypto currency as an experiment or something like that? I know this might sound a little funny or straight of a scifi movie but i guess theres still a probabilty of it being actually true.. Im no professional in computer engenering and i hope someone help me or even us because i guess a lot of ppl wants to know who made it.
[WP] You are the person who created Bitcoin using the pseudonym "Satoshi Nakamoto". After tipping the dominoes, you return to the future, eager to discover how much money your Bitcoin is now worth...
For those who need some context: Some anonymous person going by the name "Satoshi Nakamoto" created Bitcoin and then vanished. Nobody knows who it is (or whether it's one person or many). Now you can write the "Satoshi is a time traveler" version. More info: https://en.wikipedia.org/wiki/Satoshi_Nakamoto
Not only does it commemorate the day the block was generated but puts into perspective why Bitcoin was created. Bitcoins are not issued by governments. The amount of bitcoins in circulation grows ... Bitcoin miners are processing transactions and securing the network using specialized hardware and are collecting new bitcoins in exchange. The Bitcoin protocol is designed in such a way that new bitcoins are created at a fixed rate. This makes Bitcoin mining a very competitive business. Bitcoin cash is a cryptocurrency created in August 2017, arising from a fork of Bitcoin. more. Genesis Block Definition. Genesis Block is the name of the first block of Bitcoin ever mined, which ... Perhaps the most mystifying and strange thing about Bitcoin is figuring out who created it. The true identity of the creator of Bitcoin is still a mystery. However, we do know that they go by the name Satoshi Nakamoto and are said to be of Japanese nationality. In brief. Bitcoin miners have already created more than 18.5 million BTC. This is over 88% of Bitcoin's total supply of 21 million. Still, it will take another 120 years to find every last Bitcoin due to regular halvings.
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