Bitcoin was created in 2009 by Satoshi Nakamoto as the first decentralized currency based on blockchain technology. Bitcoin promised the ability to conduct transactions without the need to rely on a trusted third party, built on digital signatures and cryptography rather than centralized, government-controlled fiat money. Bitcoin was designed to be anonymous, private, permissionless, trustless, immutable and scarce.
The Crippling of Bitcoin by Blockstream.
The Crippling of Bitcoin by Blockstream.
The Crippling of Bitcoin by Blockstream.
Bitcoin was created in 2009 by Satoshi Nakamoto as the first decentralized currency based on blockchain technology. Bitcoin promised the ability to conduct transactions without the need to rely on a trusted third party, built on digital signatures and cryptography rather than centralized, government-controlled fiat money. Bitcoin was designed to be anonymous, private, permissionless, trustless, immutable and scarce.