How Did Bitcoin Originate? All You Need To Know
NDTV
Bitcoins work on three main principles- demand and supply, cryptography, and decentralised network.
Of late, cryptocurrencies have only risen in popularity. The values of some of the digital assets have soared, and major investors have backed many of them, making the coins all the more attractive. Bitcoin, the world's oldest and most popular cryptocurrency, has, over the years, garnered the trust of investors. There have been endless discussions on various platforms about Bitcoin and its skyrocketing value, but do you know how it all started? If you are someone who is interested in the cryptocurrency market, the origin of Bitcoin is sure to grab your attention.
What is the origin of Bitcoin?
Nobody has ever seen the creator of Bitcoin. This digital currency was mysteriously created in 2008 and released as open-source software in early 2009. The creator of Bitcoin is a person or a group of individuals who worked under the pseudonym Satoshi Nakamoto.
In 2008, an academic white paper related to the concept of Bitcoins was uploaded with the title ‘Bitcoin: A Peer-to-Peer Electronic Cash System.' It mentioned the digital currency that stands bereft of any government interference. No organisation or government will have control over it.
