Dropee question of the day code 18 December Who invented Bitcoin?

Today's Dropped Question of the Day Code 18 December 2024

We have the answer to Dropee Question of the Day Code December 18, 2024 puzzle. This answer will help you finish the puzzle you’re working on.

Here is the today's dropee question of the day code Answers for 18 December.

QUESTION: Who invented Bitcoin?

ANSWER: Satoshi Nakamoto

Bitcoin was invented by an individual or group of individuals using the pseudonym Satoshi Nakamoto. The identity of Nakamoto remains a mystery, as they have never publicly revealed their true identity. Nakamoto introduced Bitcoin in 2008 by publishing a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System."

This document outlined the concept of a decentralized digital currency that operates without the need for a central authority, using blockchain technology to ensure transparency and security. Nakamoto mined the first Bitcoin block, known as the Genesis Block, in January 2009. Their invention laid the foundation for the cryptocurrency revolution, transforming how people view money, transactions, and financial systems. Despite their groundbreaking contribution, Nakamoto's anonymity adds an air of intrigue to Bitcoin’s origins.

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