October 31, 2008, at the dawn of the global financial crisis, there was a document that appeared on the mailing list of cryptographic community appeared, it was called “Bitcoin: A Peer-to-Peer Electronic Cash System” the author of which was a person named Satoshi Nakamoto. In January 2009, on behalf of Nakamoto, there was a genesis block generated in the Bitcoin network, the hash files of which contained an encrypted message stating the title of the article from British newspaper “The Times” - 03 / Jan / 2009" Chancellor on brink of the second bailout for banks". A genius that was yet unknown to the world, had already hinted that the sad events of 2008 will repeat. The solution he proposed was a response to imperfection and depravity of the existing financial and credit system - centralized, corrupt, technologically imperfect and rapidly losing credibility.People did not immediately understand what they were facing. But Bitcoin's fame had grown with it's price, and it had attracted the attention of the public. At the end of 2017, people went a little crazy. And the reason for it was Bitcoin. Watching at the rapid growth rate of the first cryptocurrency, people sold property, took loans and invested in digital gold, thereby increasing the market capitalization of it. The year of 2018, marked by a deep protracted downtrend, had brought many of these cryptoinvestors frustration and huge financial losses. Now the buzz around Bitcoin and other digital assets has subsided, and the cryptoindustry is beginning to acquire a legal field in a number of jurisdictions. And a lot of the crypto-enthusiasts are concerned with the same question, that did not find the answer to in the past 10 years.
See more: https://nakamotosatochi.com/
Author: Innerpumper
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