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Satoshi Nakamoto
Satoshi Nakamoto

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!!! Overview
[{$pagename}] is the name used by the [pseudonymous] [person] or persons who developed [bitcoin], authored the [bitcoin] white paper in October [2008|Year 2008], and created and deployed [bitcoin]'s original reference implementation. [{$pagename}] as part of the [implementation] also devised the first [blockchain] [DataStore].[{$pagename}] came into existence with mining the [bitcoin network genesis block] (block number 0) on 3 January [2009|Year 2009], the [bitcoin] [network] came into existence with mining the genesis block of bitcoin (block number 0), which had a reward of 50 bitcoins. Embedded in the coinbase transaction of this block was the text:
{{{The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.}}}
The text refers to a headline in The Times published on 3 January 2009. This note has been interpreted as both a [timestamp] of the genesis date and a derisive comment on the instability caused by [Fractional Reserve] banking.
Except for test transactions, Nakamoto's coins remain unspent since mid January 2009. At bitcoin's peak in December 2017, these were worth over [US] $19 billion, making [{$pagename}] possibly the 44th richest person in the world at the time.
!! More Information
There might be more information for this subject on one of the following:
[{ReferringPagesPlugin before='*' after='\n' }]
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* [#1] - [Satoshi_Nakamoto|Wikipedia:Satoshi_Nakamoto|target='_blank'] - based on information obtained 2019-07-22
This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthorTop