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Topic: How long did it take for Satoshi to make the blockchain? - page 3. (Read 3434 times)

legendary
Activity: 896
Merit: 1000
Not much is known as to how long it really took him to make but a lot of code sure has gone into making Bitcoin and made it completely open source so everyone in the future can also edit made copy's and make their own pretty amazing could of made closed and not done but so much has come since BTC and many brothers and sisters of Bitcoin and many clones some really good ones and too many scam or just pump dump BS. Would be Nice for satoshi to come back and give a nice chat and some statements and a massive update to what he did why he created it and left. Satoshi come back and give updates and make some more new coins.

talking about clone coins, most people know ltc, doge, drk, nmc and all others, but what was the second coin after bitcoin? can't find much about it. and was it a 1:1 clone or did it have improvements.
full member
Activity: 210
Merit: 100
Hey how did did it take for satoshi to make the blockchain?

Fast. It's a lot simpler than most people make it out to be.
newbie
Activity: 11
Merit: 0
pic very nice information you have there but no one truly knows how long he spent on this project hell for all we know he spent a lifetime planning and thats why it was near enogh perfect when released except the bug outlined above to only have one major bug in the software takes a genius especially on such a complex matter

Yea was wondering how much time he spent before he published the bitcoin whitepaper.
legendary
Activity: 1820
Merit: 1001
Not much is known as to how long it really took him to make but a lot of code sure has gone into making Bitcoin and made it completely open source so everyone in the future can also edit made copy's and make their own pretty amazing could of made closed and not done but so much has come since BTC and many brothers and sisters of Bitcoin and many clones some really good ones and too many scam or just pump dump BS. Would be Nice for satoshi to come back and give a nice chat and some statements and a massive update to what he did why he created it and left. Satoshi come back and give updates and make some more new coins.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
True genesis of bitcoin is not really well documented at all. Besides these facts taken from wikipedia we really don't know much. We do not know how long and since when 'Satoshi' was working on creation, then perfecting and finally implementation of whole concept known as blockchain. We don't even know if satoshi was a person or a group of scientists or maybe he worked for and was part of some organisation or government agency. Creation of bitcoin is shrouded in mystery and I am afraid it will be forever...
newbie
Activity: 6
Merit: 0
pic very nice information you have there but no one truly knows how long he spent on this project hell for all we know he spent a lifetime planning and thats why it was near enogh perfect when released except the bug outlined above to only have one major bug in the software takes a genius especially on such a complex matter
hero member
Activity: 1022
Merit: 500
Hey how did did it take for satoshi to make the blockchain?

In November 2008, a paper was posted on the internet under the name Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System. This paper detailed methods of using a peer-to-peer network to generate what was described as "a system for electronic transactions without relying on trust".[8][9][10][11] In January 2009, the bitcoin network came into existence with the release of the first open source bitcoin client and the issuance of the first bitcoins,[9][12][13][14] with Satoshi Nakamoto mining the first block of bitcoins ever (known as the "genesis block"), which had a reward of 50 bitcoins. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John’s.[9]

On 6 August 2010, a major vulnerability in the bitcoin protocol was spotted. Transactions weren't properly verified before they were included in the transaction log or "block chain" which let users bypass bitcoin's economic restrictions and create an indefinite number of bitcoins.[15][16] On 15 August, the vulnerability was exploited; over 184 billion bitcoins were generated in a transaction, and sent to two addresses on the network. Within hours, the transaction was spotted and erased from the transaction log after the bug was fixed and the network forked to an updated version of the bitcoin protocol.[17][18] This was the only major security flaw found and exploited in Bitcoin's history.[15][16]

http://en.wikipedia.org/wiki/History_of_Bitcoin
newbie
Activity: 11
Merit: 0
Hey how did did it take for satoshi to make the blockchain?
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