Satoshi Nakamoto’s Legacy: Anniversary of Bitcoin White Paper: What Happened in 15 Years?

Satoshi Nakamoto, the creator of Bitcoin (BTC), published his Bitcoin White Paper 15 years ago today.

Satoshi Nakamoto in total on October 31, 2008 page 9 Bitcoin White Paper (prospectus) and announced a new technology to the world. Nakamato for Bitcoin prospectus “Bitcoin: Peer-to-Peer Electronic Cash SystemBy choosing the title “” he managed to attract the attention of the community from the very first moment.

Satoshi included the following statements in his opening sentence before sharing the Bitcoin prospectus:

I’m working on a new electronic cash system that is completely peer-to-peer, with no trusted third party.

In the past 15 years Bitcoin is the subject of many debates While it was at the center, its constitutionality was constantly questioned. But this technical structure published by Nakamoto for 15 years no perfectly without any errors continues to work.

Bitcoin in 15 years decentralized, independent And trustworthy It rose to prominence as a cryptocurrency and attracted the attention of millions of people around the world. This milestone sparked further debate about the future of the cryptocurrency world.

During this ongoing controversial period, statements that Bitcoin is a fraud have appeared in the media many times. According to 99bitcoins data, it has been in the global media in the last 15 years. 475 timesBitcoin is dead” news was made.

Milestones showing how Bitcoin has grown and evolved since day one can be listed as follows:

  • 2008 – Bitcoin White Paper: Satoshi Nakamoto published Bitcoin’s prospectus on October 31, 2008. This move laid the foundations of Bitcoin.
  • 2009 – First Bitcoin block: On January 3, 2009, the “Genesis block” or “Block 0” was mined by miners, creating the first block of Bitcoin.
  • 2009 – First Bitcoin transfer: The first Bitcoin transfer took place when Satoshi Nakamoto sent 10 Bitcoins to another cryptography expert named Hal Finney.
  • 2009 – First Bitcoin mining: The first Bitcoin mining began, laying the foundation for the creation of new Bitcoins.
  • 2010 – First Bitcoin exchange rate: BitcoinMarket.com has launched the first exchange rate service for Bitcoin against the US dollar.
  • 2010 – First pizza purchased with Bitcoin: On May 22, 2010, Laszlo Hanyecz made the first real-world transaction with Bitcoin, purchasing two pizzas for 10,000 Bitcoins.
  • 2012 – First Bitcoin halving: On November 28, 2012, the first reward halving in Bitcoin mining took place.
  • 2013 – $1,000 limit: Bitcoin surpassed $1,000 for the first time in December 2013.
  • 2017 – Bitcoin price explosion: Bitcoin attracted great attention in 2017, rising above $20,000 with a record increase.
  • 2021 – Bitcoin All Time Record (ATH): In April 2021, Bitcoin broke an all-time record, rising above $60,000.
  • 2021 – Corporate investments: Many major institutional players, companies such as MicroStrategy, Tesla and Square, have made large investments in Bitcoin, increasing interest in cryptocurrency.
  • 2021 – Legal tender in El Salvador: El Salvador became the first country in the world to accept Bitcoin as a legal form of payment.
  • 2021 – Lightning network: Lightning Network, which was developed to solve scalability problems on Bitcoin, has become increasingly accepted.
  • 2022 – CDBC claims: Bitcoin is on the radar of many countries trying to develop a central bank digital currency (CBDC).
  • 2023 – Corporate investors: Bitcoin is becoming more accepted by institutional investors. Financial giants such as BlackRock and Fidelity have applied for a spot Bitcoin exchange-traded fund (ETF).

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