Now a days bitcoin is the trends and one of the most powerful things that everyone needs.
I am going to tackle about bitcoin and the said inventor of it.
What is Bitcoin ?
Bitcoin is a crypto currency and worldwide payment system system. It is the first decentralize digital currency, as the system works without a central bank or single administrator. The network is peer to peer and transactions take place between users directly, without an intermediary. It verified by network nodes through the use of cryptography and recorded in a public distributed called blockchain.
Who invented Bitcoin ?
Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open source software in 2009. As part of the implementation, they also devised the first blockchain database.[2] In the process they were the first to solve the double spending problem for digital currency. They were active in the development of bitcoin up until December 2010.
In October 2008, Nakamoto published a paper on the cryptography mailing list at metzdowd.com describing the bitcoin digital currency. It was titled "Bitcoin: A Peer-to-Peer Electronic Cash System". In January 2009, Nakamoto released the first bitcoin software that launched the network and the first units of the bitcoin crypto currency called bitcoin Satoshi Nakamoto released the Version 0.1 of bitcoin software on Sourceforge on 9 January 2009. Nakamoto claimed that work on the writing of the code began in 2007.[10] The inventor of Bitcoin knew that due to its nature, the core design would have to be able to support a broad range of transaction types. The implemented solution enabled specialized codes and data fields from the start through the use of the predicative script.
