【One-minute explainer】Who is Satoshi Nakamoto?
On October 31, 2008, an author using the name Satoshi Nakamoto published the Bitcoin white paper, “Bitcoin: A Peer-to-Peer Electronic Cash System.”
The central problem the Bitcoin white paper set out to solve was “double-spending”: how to ensure that the same money isn’t spent twice without a central authority keeping the books.
$BTC is the native coin of the system Satoshi Nakamoto created.
Understanding how it works helps you make informed decisions; it’s not about trying to predict whether the price will rise or fall.
On October 31, 2008, an author using the name Satoshi Nakamoto published the Bitcoin white paper, “Bitcoin: A Peer-to-Peer Electronic Cash System.”
The central problem the Bitcoin white paper set out to solve was “double-spending”: how to ensure that the same money isn’t spent twice without a central authority keeping the books.
$BTC is the native coin of the system Satoshi Nakamoto created.
Understanding how it works helps you make informed decisions; it’s not about trying to predict whether the price will rise or fall.