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Topic: The beginning of bitcoin - page 4. (Read 717 times)

newbie
Activity: 15
Merit: 0
May 28, 2018, 03:51:48 AM
#30
I think it comes from Japan the end of 2009.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
May 22, 2018, 03:28:45 AM
#29
Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?
maybe the information you need is in sub forum of Development & Technical Discussion. Because I also did not go into what kind of complicated systems running bitcoin, which I know bitcoin uses a decentralized system in which there is only one center to run all of its systems and transparently.
full member
Activity: 1210
Merit: 100
May 22, 2018, 02:55:01 AM
#28
bitcoin was born in 2009, after the monetary crisis of 2008. was created by Satoshi Nakamoto, which until today we never know about him.

bitcoin is the first digital currency created with the purpose to stabilize the monetary crisis.

the concept of bitcoin is decentralized, open source and anonymous. so no organization can control the blockchain system.
newbie
Activity: 67
Merit: 0
May 22, 2018, 02:52:55 AM
#27
Bitcoin is born with a decentralized Blockchain technology with an interconnected network between blocks, located within the entire computer in the world, and bitcoin will be the currency of the future.
newbie
Activity: 29
Merit: 0
May 22, 2018, 02:47:08 AM
#26
What I know about Bitcoin is that Bitcoin is created since 2008 by Satoshi Nakamoto. Bitcoin is the first cryptocurrency without any intervention from government or authorities.

Bitcoin is the first implementation of a concept called "cryptocurrency", first described in 1998 by Wei Dai in the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control manufacture and transactions, instead of using centralized authority. The first Bitcoin specification and proof of concept were published in 2009 in a cryptographic mailing list by Satoshi Nakamoto. Satoshi left the project at the end of 2010 without telling much about him. Bitcoin is publicly publicized and developers from around the world can review the code or create their own modified version of Bitcoin software.
newbie
Activity: 105
Merit: 0
May 16, 2018, 10:41:38 PM
#25
Bitcoin is born with a decentralized Blockchain technology and that uses a network of interconnected blocks in all the computers around the world.
newbie
Activity: 98
Merit: 0
May 16, 2018, 10:08:58 PM
#24
Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with the open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoins of a decentralized currency. Unlike most common currencies, bitcoin does not depend on trusting major publishers. Bitcoin uses a database that is distributed and spreads to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by people owning them, and never be done more from one time.
Hope this helps.
member
Activity: 517
Merit: 10
May 16, 2018, 09:12:59 PM
#23
Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?
The first person of the used bitcoin satoshi nakamoto.you can search Cryptocurrency section. It some better answer for your question.
full member
Activity: 406
Merit: 100
May 16, 2018, 09:06:30 PM
#22
Better to research about that, because even if we know we have different beliefs. But I am sure in one thing. Btc is created by unknown identity but they called us Satoshi Nakamoto and released on 2009. That what I surely know that I can share to you.
newbie
Activity: 29
Merit: 0
May 16, 2018, 08:58:13 PM
#21
Early on, Bitcoin released its first 50 Bitcoins in the world produced from a system later known as "Genesis Block". To get this Bitcoin required mining digitally, every 10 minutes or so after the new Bitcoin can be distributed. Bitcoin itself is one of the first implementations called Cryptocurrency.
newbie
Activity: 28
Merit: 0
May 16, 2018, 08:27:55 PM
#20
What I know about Bitcoin is that Bitcoin is created since 2008 by Satoshi Nakamoto. Bitcoin is the first cryptocurrency without any intervention from government or authorities.
newbie
Activity: 238
Merit: 0
May 16, 2018, 08:20:27 PM
#19
BTC was born in 2008, a network ID in the hearing of the encryption punk BBS has released its own encryption currency assumption, this time the encryption currency at a point in time, the mature technology, it was born, so it is the underlying technology of the birth of chain block. Later satoshi nakamoto published the BTC white paper.

BTC is born after a long time, are only a few people know that blocks the astute dug up in creation, and continue to dig for a period of time, produced the first batch of BTC, and he gave the concept of the block chain transmission to more people.
member
Activity: 532
Merit: 15
May 16, 2018, 08:13:18 PM
#18
I believe this short read will help you to find your answer about the invention of Bitcoin
https://www.bitcoinmarketinsider.com/what-is-bitcoin/

Also, their Trading Course is very good for average people to get into Bitcoin
https://www.bitcoinmarketinsider.com/bitcointrading/
jr. member
Activity: 217
Merit: 5
May 16, 2018, 07:30:06 PM
#17
Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?
Bitcoin is created by unknown person or group of people last 2009.the creator of this was popularity known as Satoshi Nakamoto,where it came from japan.
jr. member
Activity: 277
Merit: 5
May 16, 2018, 02:27:24 PM
#16
Many thanks to everyone who answered my question, received the necessary information about the launch of the first cryptocurrency. I hope that the followers of Satoshi will become will only grow  Smiley
newbie
Activity: 266
Merit: 0
May 16, 2018, 01:42:44 PM
#15
What I know about bitcoin is that. Bitcoin is born since 2008. Since then bitcoin is running at its own pace. It is basically coming through online.
legendary
Activity: 4410
Merit: 4788
May 16, 2018, 01:39:05 PM
#14
To be fair he stepped away when the CIA wanted to talk and was setting up a meeting with Gavin. I still to this day think he decided to delete his keys and wife his machine as he thought the CIA would tell him to put a backdoor in or face accessory charges for each silk road transaction.

nah. he was getting a headache from many people asking him to go in different directions and asking him for permission.
at code level.. he said he didnt have the time or patience to maintain and audit everyones varied githubs
at social.level.. he didnt want to be the leader deciding if wikileaks or cia got interested or not. yea he had his own opinions. but he didnt want to be a leader/permission giver.. he beleived no one should own/lead bitcoin

even after not being the go to guy in late 2010 in the forums. he was still talking and brain storming with peopl individually and privately, still helping out.  but letting people just handle it themselves and take it any direction they pleased. as he believed the consensus mechanism itself would work as the decider (the voting system) for what new features get added and which dont prosper

as for the private keys.
back in 2009 bitcoin had no value so to him when he recompiled new clients he didnt have a priority to kep backing up the wallet so just lt the client make a new wallet. thus over writing the previous.. i think it was more so not bothering to keep backups of wallets.. and not so much about going on a crazed destroy everything rampage.
full member
Activity: 258
Merit: 100
The revolutionary Export system/One-click Export
May 16, 2018, 01:21:23 PM
#13
Watch some documentaries on the matter, the most notable that I know of are Banking on Bitcoin (2016 and likely on Netflix) and Bitcoin: Beyond the bubble (on Youtube). There are more of course but these two should give you all the basic information.
newbie
Activity: 112
Merit: 0
May 16, 2018, 01:20:22 PM
#12
the briefest? Satoshi created Bitcoin - a cryptocurrency and people are craving about it in next 10 years
legendary
Activity: 4410
Merit: 4788
May 16, 2018, 01:05:54 PM
#11
a guy using a pseudonym satoshi nakamoto was for years interested in digital decentralisd money. many people were interested in it. they were part of a cypherpunks group and other computer/economy/crpytographic inquisitive groups but each of them had no real good way of making a currency digitally that could not be counterfeited or duplicated, stolen, defrauded in someway.

but satoshi nakamoto solved the puzzle that eluded lots of people for years. satoshi brought together idea's and concepts of other people and also added in his own methodology and his own features and code and maths ... and, well beauty.
https://satoshi.nakamotoinstitute.org/emails/cryptography/1/
after a few conversations satoshi really pushed forward making the code
https://satoshi.nakamotoinstitute.org/emails/cryptography/13/

and thus the bitcoin code came about.

he initially deployed his code across a few servers so that a few nodes were talking to each other and he could privately test and boot up the genesis block..
and then he made a public release statement to let others join the network and asking others to help him continue developing and bug fix/test and grow the innovation/revolutionary new protocol

https://satoshi.nakamotoinstitute.org/emails/cryptography/16/

within a week there was hal finney, and sirius joining him. within a few months there were a dozen, by the end of the year there were more and by the time satoshi stepped back there were a few hundred people. and it just kept growing
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