1 thought on “How much bitcoin does Satoshi Nakamoto do”

  1. The only thing that can be determined now is that Satoshi Nakamoto is the first miner of Bitcoin. It is estimated that Satoshi Nakamoto has nearly 1 million bitcoin.
    This information:
    1, Bitcoin: The concept of Bitcoin was initially proposed by Nakamoto Satoshi on November 1, 2008, and was officially born on January 3, 2009. According to the open source software and constructing the P2P network based on Satoshi Nakamoto’s thinking. Bitcoin is a P2P form of digital currency. Bitcoin’s transaction records are open and transparent. Point -to -point transmission means a decentralized payment system.
    2. Unlike most currencies, Bitcoin does not rely on specific currency institutions. According to specific algorithms, it uses a large number of calculations to use a distributed database composed of many nodes in the entire P2P network to confirm and record All trading behaviors, and use the design of cryptography to ensure the security of all aspects of currency circulation. The decentralization characteristics and algorithms of P2P can ensure that the currency value cannot be manipulated by a large number of Better dollars. Design based on cryptography can make Bitcoin only transfer or pay by real owners. This also ensures the anonymity of currency ownership and circulation transactions. The total number of Bitcoin is very limited and is scarce. The currency system has only exceeded 10.5 million in 4 years, and the total number will be permanently limited to 21 million.
    3. Development history: The global financial crisis broke out in 2008. On November 1, the same year, a person who claimed to be Satoshi Nakamoto published a Bitcoin white paper “Bitcoin: a point -to -point electronics on the P2P website” “Cash System” stated his new idea of ​​electronic currency -Bitcoin came out. On January 3, 2009, Bitcoin Creation Block was born. Compared with the legal currency, Bitcoin does not have a concentrated distribution party, but is generated by the calculation of the network node. No one can participate in the manufacturing Bitcoin, and it can be circulated around the world. No matter where they are, anyone can dig, purchase, sell or collect Bitcoin, and foreigners cannot identify user identity information during the transaction. On January 5, 2009, Bitcoin was not controlled by the central bank and any financial institution. Bitcoin is a digital currency, which is composed of a string of complicated code generated by a computer. The new Bitcoin is manufactured through the preset program.

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