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Bitcoin

Bitcoin is the first decentralized blockchain cryptocurrency.

KBVE Team

Feb 30th, 2024

Information

Bitcoin is the first cryptocurrency based upon a SHA-256 blockchain. The concept was created in 2008 by Satoshi Nakamoto’s white paper, which was a document that outlined a decentralized digital currency that operated through a peer-to-peer network. The blockchain-based currency was launched in 2009 through a gensis block with a public and open source codebase. Further blocks within the chain are created through mining, which is a process of hashing data under the term of proof-of-work.

Notes

These are the collection of notes for the BTC MDX Document. The original white paper can be found here bitcoin.pdf. For those interested some of the older source code, here is the commit for BitCoin v0.1.5 alpha.

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