BTC - Happy Birthday Bitcoin Whitepaper!steemCreated with Sketch.

in #bitcoin5 years ago (edited)

Eleven years ago today, we got the first glimpse of Bitcoin

On October 31st, 2008 the Bitcoin whitepaper was published.

Satoshi Nakamoto authored and released the bitcoin whitepaper 11 years ago on this date.

It was titled - "Bitcoin: A Peer-to-Peer Electronic Cash System"

Below is a copy of what it looked like:

Other important dates in bitcoin's creation...

Bitcoin didn't actually launch on this date 11 years ago. It was just the date the whitepaper was released.

On August 18th, 2008 the domain name bitcoin.org was first registered.

Then on January 3rd, 2009 Bitcoin officially came into existence when Satoshi Nakamoto mined the genesis block of bitcoin. Block number 0, which had a reward of 50 bitcoins.

Interestingly enough, the first block had this text embedded in it:

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."

Perhaps as a reference for why this new form of money was needed.

Finally, the first open source bitcoin client was released on January 9th, 2009 officially opening bitcoin up to the world.

(Source: www.youtube.com)

Happy Birthday Bitcoin Whitepaper!

Stay informed my friends.

Image Source:

https://www.newsbtc.com/2019/10/31/bitcoin-whitepaper-eleven-years-on-and-still-going-strong/

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Happy Birthday BITCOIN!

It just keeps climbing, year after year.

Can't believe its been that long already. Imagine going back in time to start whale-ing the crap out of Bitcoin when it first started, knowing where it's going to go in the future.

Happy 11th Birthday, Bitcoin.

Hopefully people are saying the same thing 10 years from now about $9k.

I hope so too. Up, and to the moon!

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I should be currently writing white paper of my first own cryptocurrency... Eh... For last two years I've been part of other teams and now I lead my own team...

You are going to launch a coin? An SMT perhaps?

Token is not a coin ;)

What's the difference?

If you take for example ERC20 token, you can't use them without paying the fees in Ethereum. Essentially tokens require another currency to be usable. Coins on the other hand can be used isolated and any fees are paid using the same currency.

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