satoshi nakamoto

Satoshi Nakamoto is the name used by the unknown person or group who created Bitcoin. In October 2008, Nakamoto published the foundational white paper “Bitcoin: A Peer-to-Peer Electronic Cash System,” which outlined a purely peer-to-peer version of electronic cash that could operate without the need for financial institutions. This document introduced the world to the concept of the blockchain, a decentralized and immutable public ledger that solves the double-spending problem for digital currencies. The Bitcoin network was launched in January 2009 with the mining of the first block, known as the genesis block.

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