What is Bitcoin and the Crypto-Blockchain? | TSOA | VIDEO (animation)
This piece was put together to help you better understand Bitcoin, which is the name of a computer program designed to enable permissionless peer-to-peer digital cash transactions, ledgered transparently online; that was developed with cryptographic blockchain technology, insuring the utmost security.
The number of bitcoins owned by he, she or them is estimated at 1,148,800+ based on an analysis that was published in 2013. Evidence shows that the majority of the first 36,000 blocks were mined by one computer, which could have only been Satoshi.
At the time, the reward per block was 50 BTC and of the 1,814,400 awarded, 63% were never spent, leaving Satoshi with a fortune of over 1.1 million BTC. For a more information on that detailed analysis please visit this link.
https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
The vertical lines in the graph below were added by Sergio Demian Lerner
"to show when the mining application is restarted,
approximately every 100 hours, probably to backup the wallet."
1.1million BTC is worth 8.8 Billion US dollars at today's Bitcoin Price
Here is a link to Satoshi's Bitcoin white paper. https://bitcoin.org/bitcoin.pdf
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Bitcoin: 17w77NVmtTxj78d1Dnx3vh5FjwHvzpkts8
Bitcoin Cash: qzvxljvm82hywnrsdv6vqd9m2zjj207y65fc04f2w5
Binance: 0x49e06218d5D05923F0e442265cD2A419D4d17C4D
Dash: XqVzxHF6wi1F9uA8vc8hhWZFyqLgjZCbH7
Ethereum : 0x49e06218d5D05923F0e442265cD2A419D4d17C4D
Lisk: 13974177123382109591L
Monero:458xXh879UPVHNjDmShgPXPtHbYdCVBSE5L5kZ1CnJYuMGLNqZiGPqB9XDSms5RqVBjHNfgxMfo6d6oNjFYKEG1iA7UmRp3
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STOPthat was cool thankyou :)
Always :-)