CoinCarp Blog

Registration On 18 August 2008, the domain name bitcoin.org was registered.Right after three days when Neal Kin, Charles Bry, and Vladimir Oksman file an application for an encryption patent application, but there is no direct connection to Bitcoin or Nakamoto. White Paper On 31 October 2008, the official white paper of Bitcoin was published by Satoshi Nakamoto. In the white parper, Satoshi Nakamoto described the intended functionality and purpose of Bitcoin. Meanwhile, 31 October is generally considered to be the birth date of Bitcoin. First Transaction On 12 January 2009, Hal Finne (developer and cryptographer) downloaded the bitcoin software and received 10 bitcoins from Satoshi Nakamoto. He is also one of the people most strongly linked with Satoshi Nakamoto. Pizza Day On 22 May 2010, Florida-based programmer and bitcoin miner Laszlo Hanyecz purchase two pizzas with 10,000 Bitcoins, valued at a total of $25. It's the first reail purchase in bitcoin history. BitPay Launches In M...

What Is Bitcoin? Bitcoin is the first digital form cryptocurrency without physical shape that was announced in 2008 (and launched in 2009). No central bank or any other organization controls it, but only balance kept on a public ledger by thousands of computers distributed around the world. Anyone in the world can access the ledger and participate in the ecosystem by downloading open-source software. People can send and receive Bitcoin to anybody at any time, from anywhere. Also, the features of can't be censored and counterfeit makes it popular around the world. Thus, the popularity of Bitcoin triggers the launch of thousands of other cryptocurrencies, so-called altcoins. A large sum of people using the currency as an investment. However, some people criticized its use in illegal transactions(such as money laundering), the large amount of electricity used by mining, price manipulation, thefts by hackers, and extortion. Some economists and commentators have characterized it as a sp...