October 31 marks an important day in the history of Bitcoin as 15 years ago, Bitcoin’s founder, Satoshi Nakamoto, first published the cryptocurrency’s whitepaper.
Fifteen years on, Satoshi’s legacy continues to serve as an inspiration to many, and Bitcoin continues to gain mass adoption as the way forward to achieving a free economy just like Satoshi envisioned.
A Trip Down Memory Lane
The Bitcoin whitepaper came to light on October 31, 2008, when Satoshi uploaded it to a mailing list of cryptographers while highlighting the unique features of the decentralized network. In the mail, Satoshi mentioned he had been working on a system that was 100% peer-to-peer and didn’t need a trusted third party to function.
He highlighted the properties of the network and how it was going to solve the issue of double spending. He also stated how new coins were going to be mined as the network’s consensus mechanism proof-of-work was going to be responsible for this. These miners were al
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