August 2018
Beginner to intermediate
350 pages
11h 58m
English
Content preview from Blockchain Quick Reference
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The history of Bitcoin
Bitcoin is the first and, to date, the most successful application of blockchain technology. Bitcoins were introduced in 2008, in a paper on Bitcoin called Bitcoin: A Peer-to-Peer Electronic Cash System (https://bitcoin.org/bitcoin.pdf), which was authored by Satoshi Nakamoto.
Bitcoin was the world's first decentralized cryptocurrency; its introduction heralded a revolution, and, in just about a decade, it has proved its strengths, with huge community backing and widespread adoption.
From 2010, certain global businesses have started to accept Bitcoins, with the exception of fiat currencies. A lot of currency exchanges were founded to let people exchange Bitcoin with fiat currency or with other cryptocurrencies. In September ...
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