Satoshi Nakamoto, the anonymous inventor of Bitcoin, releases the Bitcoin white paper. Bitcoin: A Peer-to-Peer Electronic Cash System,” The nine-page thesis paper established the basic structure for the Bitcoin network and how it could be used. presenting the idea for a decentralized cryptocurrency network that can make transactions with low costs without using financial institutions or third parties. By design, only 21 million Bitcoins will ever be "mined," or released into the market. More
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