🚨🚨🚀 **The Birth of Bitcoin: A Timeline** 🚀🚨🚨
**Inception and Domain Registration**
Nakamoto said that the work of writing Bitcoin's code began in the second quarter of 2007. On 18 August 2008, he or a colleague registered the domain name bitcoin.org and created a website at that address.
**Publication of the White Paper**
On 31 October, Nakamoto published a white paper on the cryptography mailing list at metzdowd.com describing a digital cryptocurrency, titled "Bitcoin: A Peer-to-Peer Electronic Cash System".
**Software Release and Network Launch**
On 9 January 2009, Nakamoto released version 0.1 of the Bitcoin software on SourceForge and launched the network by defining the genesis block of bitcoin (block number 0), which had a reward of 50 bitcoins.
**The Genesis Block and Its Significance**
Embedded in the coinbase transaction of this block is the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks", citing a headline in the UK newspaper The Times published on that date. This note has been interpreted as both a timestamp and a derisive comment on the alleged instability caused by fractional-reserve banking.
*Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.*
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