Wednesday, October 31, 2018

Bitcoin Turns 10! We’ve Had 10 Years of the Digital Currency

10 Years of Bitcoin

Today marks 10 years of Bitcoin; its original white paper was released onto the internet on Halloween day, 2008.

What began as an idea to challenge the financial establishment, has since grown to become a $110 billion market.

10 Years of Bitcoin: The Whitepaper

The purpose of Bitcoin was straightforward; the digital asset, as a “purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”

By logging every transaction on a distributed ledger called the blockchain, the ...

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