Post
Topic
Board Bitcoin Discussion
Re: Story of Bitcoin and Satoshi Nakamoto
by
bixiiMaphi321
on 07/10/2021, 15:53:58 UTC
Satoshi Nakamoto is the mysterious inventor of Bitcoin and the blockchain network. This person's name is associated with the famous white paper: Bitcoin a banking electronic money system. The true identity of Satoshi Nakamoto remains a great mystery. Many people don't know that Bitcoin was developed during the financial crisis that shook the financial world globally in 2008. So it is alleged that Satoshi Nakamoto wanted to create a payment system that works without financial institutions or their control. As a result, Satoshi created the blockchain network, which is a system that works on the individual contributions of each participant (miner). It offers complete transparency on the network and transactions are processed almost instantly without any additional fees. What makes this system so attractive is that the identity of every user remains secure. Today, blockchain technology has taken the world by storm, and it is being tested and applied in many different business fields.