The Internet Gold and The Evolution of Money - Part 2
So we have been discussing about the evolution of money over the years. Bitcoin (Digital Gold) is the main topic we have been focusing on. The first ever digital currency to be invented. We want to focus in this article on the full timeline of bitcoin and some really cool characteristics of owning bitcoin. So let's begin with the timeline of bitcoin. The domain name bitcoin.org was registered in August 2008. On October 31st 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. Nakamoto designed the bitcoin software as open source code and released it in January 2009. On the 3 January 2009, Satoshi mined the genesis block. On the Coinbase of that block was a note referencing the glitches of the traditional banking system. The recipient of the first bitcoin transaction was Hal Finney who created the first re-usable proof of work system(R...