The History Of Bitcoin - apakabarmedan

in #bitcoin7 years ago

Bitcoin

Bitcoin is a money electronic made in 2009 by Satoshi Nakamoto. the name also Associated with the open source software that he design, and also use the network peer-to-peer connecting it all.

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unlike currency in general, bitcoin not depend with trust the publisher of the main. bitcoin using a database distributed and spread to nodes of a p2p network to the Journal of transactions, and use the cryptographic to provide functions basic security, such as to make sure that bitcoin-bitcoin can only be spent by people have it, and never be done more than one-time. the design of bitcoin allow for the ownership without identity (anonymous) and the transfer of wealth.

Bitcoin

Bitcoin can be stored in a personal computer in a file formats wallet or save by a service wallet third party, and regardless of it all bitcoin - bitcoin can send through the Internet to anyone who has a address bitcoin. topology peer-to-peer bitcoin and the lack of administration single make it impossible to authority, government any, to manipulate the value of the bitcoin - bitcoin or has inflation to produce more bitcoin.

Bitcoin is one of the first implementation of which is called cryptocurrency.

The first time in describe by Wei Dai in 1998 in the mailing list cypherpunks. what the hell bitcoin? who creator bitcoin? profit and loss of life bitcoin? series of simple questions related booming its currency digital from Japan this. beginning bitcoin January 3, 2009, Satoshi Nakamoto launched 31.000 lines of code programming and announced via the Internet currency homemade called bitcoin. the presence of the early bitcoin also characterized by 50 bitcoin the world's first produced by the system, which later known as "Genesis block".

Uniquely Nakamoto own mine "Genesis block" that, on January 3, 2009. bitcoin not shaped coins, paper money, silver, let alone the gold. he is not visible in the real. he just digital currency.

Nakamoto known as the creator of bitcoin. currency fully controlled by the software. every ten minutes or so, bitcoin will be distributed to those who do "mining".

First, bitcoin popular among kriptografer, ie those who are involved in research encoding (cryptography). no wonder, cryptography is the Foundation place bitcoin stand. in the first, Nakamoto was active in the community kriptografer.

He reported enough diligent in reply to post in various forums cryptography. Nakamoto had spoken hard enough, the current WikiLeaks about to take advantage of bitcoin to accept donations. when it, Nakamoto protesting the plan.

according to him bitcoin not ready to the attention of it. "this project need to grow slowly to devices soft can be strengthened while the road. I filed on WikiLeaks, please do not use bitcoin. bitcoin is a community of beta still toddlers. you will not get (donation via bitcoin) more than recehan alone, but the impact that you take it can destroy US," wrote Nakamoto on December 5, 2010.

However, over time, currency digital owned Nakamoto that more and more ogled for transactions digital. popularity slowly uphill to attract the attention of the wider. value bitcoin also increase. when the first launched, one bitcoin only worth less than 1 US dollars. but in mid-December 2013, one bitcoin are in the range of 710 US dollars. where Nakamoto? behind the success stories currency this digital, Nakamoto turned out to choose the left bitcoin. on December 12, 2010, about seven days after the expressed opinion to WikiLeaks, Nakamoto write down the last message forum. of course, when it no one thought it was so last post Nakamoto. he is still quite routine, although the rare, reply to email activist bitcoin. when the leadership development bitcoin held by Gavin Andresen. developers this one was originally known for site bitcoin faucet (tap bitcoin) aimed distributed 10.000 bitcoin for free. Andresen be the only one who can still communicate via email with Satoshi Nakamoto.

on April 26, 2011, Andresen message from the founder. "this morning Satoshi suggest that I, and we (community bitcoin), should start not to exaggerate about the existence of 'the founder of mysterious' when talking to the public about bitcoin," wrote Andresen. October 2011, to his colleagues, Nakamoto also send a message that he "has moved do other things". since then, the name Nakamoto disappeared and tracked. effort to reach him conducted by the activists bitcoin was not reap the results.

had appeared speculation that Satoshi is actually researchers cryptography leading. names even had "nominated" as the identity of the original the man, but none claiming. there ever said that Satoshi Nakamoto just a pseudonym taken from the company name technology Samsung, Toshiba, nakamichi and Motorola. suspected, because of his English very good, Satoshi even not from Japan. in fact, he called not only one person. one of the theory that pretty much received is that Satoshi Nakamoto actually represent a team. bitcoin referred to have the design of a very good so it seems impossible made by one only. who Satoshi Nakamoto actually? seems, it was so the question unnecessary hunted the answer. more important thing is to see the results of his work, and how it can influence on today's society. recognized or not, fever bitcoin being hit the world. cryptocurrency which is a decentralized and not regulated or guaranteed by the Central authority this crowded used to transact in different countries, including Indonesia. even have a number of advantages than currency "conventional", bitcoin instead has no risk. there are some threat lurking the users money virtual. one of them related to the issue of storage bitcoin. to be able to spend bitcoin, the owner need a line of code special named "private key". line of this code is stored in the "wallet" or purse digital. when will be used, then the owner to access the code and use it to the transaction. private key can locally stored on the computer and print printer. issues arise because the line of this code can stolen or missing. if it happens, then all bitcoin Associated with private key question will vanished forever of the the hands of the owner. such cases some occur in the last few months. for example events overwrite inputs.io. provider wallet online the last November burglarized hacker resulting in the "customer" lost bitcoin worth of 1,2 million US dollars. private key stored in the "cold storage" (computer or media storage did not connected to the Internet) also have the vulnerability of its own.
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a man named James Howells save 7.500 bitcoin in wallet in the hard disk computer. when the hard disk is lost, Howells forced to give up money virtual worth millions of dollars it.

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This is a good post, followed you so keep them coming.