15th Anniversary Whitepaper Bitcoin, Here's What You Should Know!

Whitepaper Bitcoin is 15 years old. (Photo; Doc. Cointral)

JAKARTA Not felt, Bitcoin whitepaper, a document about the basic concept of electronic money written by Satoshi Nakamoto, is 15 years old. The appearance of Bitcoin itself cannot be separated from the important role of the Bitcoin creator himself, Satoshi Nakamoto, whose existence is still shrouded in mystery.

On October 31, it coincided with the release date of the Bitcoin whitepaper, which was on October 31, 2008. The crypto community celebrates the 15th anniversary of the Bitcoin whitepaper publication.

For your information, the Bitcoin whitepaper is a technical document written by Satoshi Nakamoto on October 31, 2008 with the title "Bitcoin: A Peak-to-Peer Electronic Cash System."

This document introduces basic concepts of Bitcoin cryptocurrencies, including decentralization, peer-to-peer networks, blockchain technology, cryptography, and solutions to multiple expenditure problems in transactions. The Whitepaper is the basis for the development of Bitcoin and the ongoing crypto revolution in the world of finance and technology.

For information, on October 31, 2008 the internet was shocked by a mysterious email that included Bitcoin whitepapers. The email was sent to a number of certain cryptographs. Satoshi Nakamoto, opened the new door to the financial system towards the crypto era with his vision of "Peer-to-Peer Electronic Money System."

In the whitepaper, Satoshi Nakamoto expressed his vision regarding the future financial system, namely electronic money which is entirely peer-to-peer. As additional information, peer-to-peer in this context refers to a financial transaction system that can be done directly from person to person without third-party intermediaries such as banks.

10,000 Bitcoin Pizza

After whitepaper was delivered to certain people, two months later, on January 3, 2009 to be exact, Bitcoin appeared. One of the important events as the first attempted transaction of Bitcoin took place a year later, in which someone namedmanfaat Hanyecz bought two pizzas with 10,000 Bitcoins. This historic event marked the first transaction using Bitcoin.

Satoshi Nakamoto's vision, which started the crypto revolution through the Bitcoin whitepaper 15 years ago, continues to grow and affect the financial world. With El Salvador and the Central African Republic recognizing Bitcoin as legal tender, coupled with a number of companies accepting payments using Bitcoin. This is in line with Satoshi Nakamoto's vision of electronic money.