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14 years since the founding of the Bitcoin White Paper

14 years since the founding of the Bitcoin White Paper

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by dapp_writer005

3 years ago

October 31, 2022 marks 14 years since the release of the Bitcoin White Paper. This is a marketing tool that contains basic information about the operation of a system that would revolutionize the world of finance in the future.

The book highlights important points, regarding the operation of the coin: introduction, transaction scheme, proof of work, payment verification, privacy, and much more.

It was noted that bitcoin is a fully peer-to-peer version of electronic money, which will allow online payments to be sent directly from one party to another, bypassing financial institutions.

The document was published by Satoshi Nakamoto. It is still unknown who was hiding under this name, whether it was one person or a group.

Bitcoin was launched on January 3, 2009. During its existence, bitcoin has become the most popular cryptocurrency and a powerful financial instrument. Among the investors you can see: public companies, players, participants who use bitcoin as a means of capital protection.

On April 1, 2022, miners generated the anniversary 19 millionth bitcoin.

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