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Showing posts from November, 2023

The bitcoin white paper is 15 years old. Here's what it is and who people think its mysterious author could be? Satoshi

Update The bitcoin white paper was published 15 years ago by Satoshi Nakamoto. The paper outlined the blockchain technology that would underpin a decentralized payment system. The pseudonymous author has never been identified, though there are theories as to their identity. At the end of October 2008, an unidentified individual or group on people under the pseudonym Satoshi Nakamoto published a paper to a mailing list called Metzdowd titled, "Bitcoin: A Peer-to-Peer Electronic Cash System." The paper introduced bitcoin as a currency and explained the foundations of blockchain technology. It was a short paper, just nine pages long, written in an academic style, with an abstract, introduction, and conclusion — but it introduced the world to what would become the biggest cryptocurrency by market value today and laid the groundwork for the cashless payment system that is underpinned by the blockchain. "A purely peer-to-peer version of electronic cash would allow onli