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where did bitcoin come from

where did bitcoin come from

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Where do Bitcoins come from? Because they鈥檙e a digital currency, there鈥檚 not a simple answer to the question, 鈥淲here do Bitcoins come from?鈥?Bitcoin was created in 2009 by an unknown developer (or developers) under the pseudonym Satoshi Nakamoto. Nakamoto seemingly created the digital currency in response to the 2008 financial crisis.

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  • Where do bitcoins come from and what is bitcoin?

  • Because they鈥檙e a digital currency, there鈥檚 not a simple answer to the question, 鈥淲here do Bitcoins come from?鈥?Bitcoin was created in 2009 by an unknown developer (or developers) under the pseudonym Satoshi Nakamoto. Nakamoto seemingly created the digital currency in response to the 2008 financial crisis.

  • What is the history of bitcoin?

  • In 2008 Bitcoin鈥檚 inventor, the year before it was launched, released a white paper detailing the concept behind the cryptocurrency and the Blockchain technology. The white paper, and subsequently Bitcoin, were released under a pseudonym – Satoshi Nakamoto.

  • How are new bitcoins created and mined?

  • How are New Bitcoins Created? Bitcoins are created from bitcoin mining (adding transactions to a public ledger). An algorithm controls mining difficulty and total coin creation (21 million).

  • Where did blockchain come from?

  • Where Did Blockchain Come From. Blockchain arrived as the underlying technology that made Bitcoin, the world鈥檚 first cryptocurrency, a feasible digital currency. Its decentralized peer-to-peer quality and use of cutting-edge cryptography provided an answer to the fundamental technology issues Bitcoin had to address to be viable as …

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