Creators

Who Created Bitcoin?

This is one question that seems impossible to answer exactly as no-one really knows but what we do know is that back in 2008, the “Bitcoin whitepaper” was published by someone or a group of people called “Satoshi Nakamoto”. 

In this whitepaper, Satoshi presented the case for a “peer-to-peer version of electronic cash” that completely removed the need for sending money to someone else via a bank. 

The other main issue Satoshi wanted to address would be the “double-spend” problem where money can be spent twice due to mismatches in transaction histories across different third parties. This is where the invention of the proof-of-work protocol came in and is the foundation of which Bitcoin is built. 

 

It seems that Satoshi was last seen around April 2011 when it was stated in an email, “I’ve moved on to other things”.

You can see Satoshi’s activities from the early days of Bitcoin shared on various social media accounts and they are still around in Bitcoin Talk, a forum that is still very active today.

 

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