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The bitcoin history...

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Avatar for Itrshoron
Written by   32
2 years ago

We are all more or less familiar with the word bitcoin in one way or another. There is no end to the hype in the world of technology with Bitcoin. But why this fuss? What's in this bitcoin? Let's find out the unknown facts about Bitcoin

(The invention of bitcoin)

Bitcoin is a virtual transaction system launched in 2009 about 9 years ago. Although not in circulation in Bangladesh, this transaction system has become increasingly popular all over the world. The inventor had been speculating about this for so long in the entire technology world. An Australian has put an end to this speculation by claiming to be the inventor of Bitcoin. The inventor of Bitcoin, Satoshi Nakamoto, used to conduct his activities under a pseudonym. Craig Wright claims Satoshi Nakamoto is his pseudonym. Bitcoin developer Gavin Anderson claims that he is 98 percent sure that Craig E is Satoshi Nakamoto. But Craig Wright's claim quickly raised suspicions in the cryptocurrency community. He claims he was going to reveal the first key's credentials. But in the face of a storm of criticism, he withdrew.

Satoshi Nakamoto did not work alone to bring Bitcoin to this stage. Hal Finne, an early member of the "Cipherpunk Movement", claims to have discovered Satoshi Nakamoto's Bitcoin application from a cryptocurrency mailing list. In a 2013 blog post, Hal Finn expressed his keen interest in decentralized online currencies. When Satoshi Nakamoto announced the release of the first software, Hal Fin offered to mine the first ten bitcoins from Block 60, which Satoshi sent for experimental use. His latest post on the Bitcoin forum in Hal Finn before his death said that Satoshi Nakamoto's real identity is still a mystery to him. Many others like Nick Sabo have claimed to be the inventors of Bitcoin, but the real Satoshi Nakamoto has not been confirmed.

(Who is this Craig Wright?)

Born in 1960 in Brisbane, Australia, he is a computer scientist and businessman. His full name is Craig Steven Wright. He graduated from Padua College, Brisbane in 1986. He later did a PhD on "The Quantification of Information Risk" at Charles Start University. Charles Start University told Forbes Magazine that Craig Steven Wright earned two master's degrees from the university.

He finally earned his PhD in February 2016. Craig Wright also wrote many books. . He was also a trustee of the United Church of New South Wales. Worked for various companies in his career. Among them are Ozmail, K-Mart and the Australian Securities Exchange. He has also served as a security consultant for Indian multi-national companies Mahindra and Mahindra. He designed the architecture of the world's first online casino, called Lester's Online. He is the Information Systems Manager of an accounting firm called BDO Kendallus.

He was convicted in 2004 by the South Wales Supreme Court of contempt of court. He was jailed for 28 days. Wright served as chief executive officer of a technology firm called Hotware Preemptive Intelligence Group. Through this firm, he plans to establish the world's first bitcoin-based bank. But later the plan failed in 2014 due to various complications of the Australian tax office. Craig Wright is the founder of a cryptocurrency company called Dimmergan Limited. He is also the founder of cybersecurity and computer forensics company Panopticript PTY Limited.

(Why so much privacy of the inventor?)

Many people can think that the inventor of an innovative is why it wants to keep his identity secret. The reason for this is that such new currency system inventors have to suffer due to their innovation due to their innovation. In 1998, Hawaii's resident Bernard Von Nathaz discovered the federal law for breaking the federal law due to the discovery of the "Liberty Dollar" and enjoyed three years of penetration for three years. In 2007, an "E Gold" of the first digital currency system was closed for Money Laundering. In order to protect such a legal murder, Satyashi conducted the activities of Bitcoin as a secret identity.

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Written by   32
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Good post.

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2 years ago