Bitcoin – Unmasking Satoshi Nakamoto

May 11, 2020

Bitcoin – Unmasking Satoshi Nakamoto. Bitcoin creator satoshi Nakamoto has remained a mystery, until today.

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Bitcoin[a] () is a cryptocurrency. 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 network without the need for intermediaries.[9]

Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto[16] and started in 2009[17] when its source code was released as open-source software.[8]:ch. 1 Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.[18] Research produced by University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.[19]



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