- Satoshi Nakamoto released the Bitcoin whitepaper on this day 15 years ago.
- The white paper marked the first mention of Bitcoin in the public spectrum.
- Bitcoin has soared a staggering 5261294.92% since its launch and has seen massive adoption.
Today, October 31st, marks the 15th anniversary of Satoshi Nakamoto’s release of the Bitcoin white paper. The white paper release marked the first time the digital asset was mentioned publicly.
The anonymous creator, on October 31, 2008, released the white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” The release came at a time when the world was recovering from a global collapse and growing resentment towards centralized authorities and institutions.
In the white paper, Satoshi described Bitcoin as a cash system that overrides centralized control. Additionally, he said the digital asset allows users to execute transactions publicly.
Three months after the release of the white paper, the first Bitcoin transaction took place in January 2009 after programmer Hal Finney received ten bitcoins from Nakamoto. Following mainstream attention around Bitcoin, it effectively paved the way for the …
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