Has it occurred? Or still in progress

[oktana]

On the eve of Halloween 31 October 2008 satoshi wrote
"I have been working on a electronic cash system that's fully peer- to -peer ,with no trusted third party."
Can we say that his work has been done or is still a work in progress .

Yes, this work has been fully completed. I see some comments saying its still a work in progress but how can that be? Cause Satoshi successfully created the cryptocurrency with no third party.

" What has been the development of Bitcoin and improvement since that statement was made till now?

A lot of people who did doubt on this possibility have come to agree. Like you and me. If Satoshi told us he'd create a digital currency with no third party, we could laugh it over. But, he has been able to create this currency and win people to it. 

And will Bitcoin (satoshi dream or goal ) be fully accepted in the world as a means of payment?.

Yes and no. There are big reasons behind the yes and same case for the no. But we really can't tell until it's time.
Even if you asked Satoshi himself, I don't see him giving a straight answer.

[imstillthebest]

btc wont go this far if it didnt made any changes and that changes was meant to improve its use  .

 by the way , was it a co incidence only that paypal starts to unite with crypto on the month of october or they intend it to schedule to give prior to the birthday of btc . it was nice how a giant payment procesor gives respect to the great btc .

 month october is the start where btc will now became a worldwide use with the help of its friend paypal . this said event is one of the biggest development in the history of btc so far and yes it will be in progress .

[erikoy]

I think he already made it just see what bitcoin now. It is fully p2p using bitcoin network.  If you only have bitcoin client downloaded then you are already part of the bitcoin network which yoi can do transaction and broadcast them to other bitcoin client. Once the node accept the transaction then miners will going to confirm it and place the file on the blockchain. Is there any third party service involve? No there aren't other people involve except the machines being used in the process.

[manfredmann]

Yes it is done but subject for modifications. There are many things to consider with bitcoin as digital currency,.asset or an investment scheme this after that it is slowly emerging on the community worldwide. Aside from that other know people or countries wanting to get or create their own cryptocurrency and that can change the existing cryptocurrency in the future depending on the influence it could get to others as well.

[TitanGEL]

The progress is actually unreal, bitcoin is started in bottom but look now how far its achievement. A page 9 whitepaper that have a billion-dollar system inside, we are still in the beginning of the cashless society. The goal of Satoshi became true and it is really incredible because as time passing by, the number of people who are patronizing bitcoin is keep increasing. There is no doubt that the bitcoin have a bright future wherein it can really become the future currency in every economy. But it will take time where it will not happen easily, there are hurdles and obstacles that the bitcoin should face first before the public will fully patronize it.

[Darkelf11]

btc wont go this far if it didnt made any changes and that changes was meant to improve its use  .

I agree with this statement of yours, bitcoin as a number one cryptocurrency continues to strive for more. It doesn't stop instead it keeps progressing. As we may say, bitcoin's value still remain volatile but that doesn't make the reputation of bitcoin as bad. We haven't imagine that this digital currency that has been built year ago will boom and made a great impact for everyone's life. Currently, after the bitcoin's anniversary, we may notice that it's price is becoming greener means that the price is increasing which is a good thing.

[BIN-BIN]

On the eve of Halloween 31 October 2008 satoshi wrote
"I have been working on a electronic cash system that's fully peer- to -peer ,with no trusted third party."
Can we say that his work has been done or is still a work in progress .
" What has been the development of Bitcoin and improvement since that statement was made till now?
And will Bitcoin (satoshi dream or goal ) be fully accepted in the world as a means of payment?.

I believe the bitcoin development is an unending process due to the fact that there is always room for improvement and advancement. Santoshi in 2008 set the ball rolling and subsequently development will follow. So I will boldly say it a job in progress.

[Debonaire217]

I believe the bitcoin development is an unending process due to the fact that there is always room for improvement and advancement. Santoshi in 2008 set the ball rolling and subsequently development will follow. So I will boldly say it a job in progress.

Unending in a sense that updates in the future will not interact with the core features of bitcoin. As far as I know, the code behind the development of bitcoin is final, meaning, we don't have the capability to implement new features, nor make any changes to it. What we can just do is to develop the resources that we have such as hardware, and how we could efficiently connect bitcoin's feature to new technologies. Honestly, up to now, even segwit update didn't solve the issue of huge transaction fees completely. Mining as well becomes more and more complex and hard that hardware needs to adjust and improve.

[witcher_sense]

We have every reason to believe that Satoshi Nakamoto has succeeded in his pursuit to create a completely decentralized system of transferring value between independent participants. He came up with a unique invention that gave ordinary people the never before seen power to have all-encompassing control over their money. For it is an invention for people, Satoshi also allowed the users of the system to control the bitcoin network itself, enhance it, and add any desirable features. As a creator of the system, he had a right to name it whatever he liked and assume its potential future use cases. He thus decided to call his invention "Bitcoin" and said it is "A peer-to-peer electronic cash system." But once he handed over the invention to the users to further develop it, he thus confirmed that it is now up to people to decide what they want from it. Satoshi did his job nicely, but the development of Bitcoin will continue because people are now incentivized to make the network flourish.

[casperBGD]

I believe the bitcoin development is an unending process due to the fact that there is always room for improvement and advancement. Santoshi in 2008 set the ball rolling and subsequently development will follow. So I will boldly say it a job in progress.

Unending in a sense that updates in the future will not interact with the core features of bitcoin. As far as I know, the code behind the development of bitcoin is final, meaning, we don't have the capability to implement new features, nor make any changes to it. What we can just do is to develop the resources that we have such as hardware, and how we could efficiently connect bitcoin's feature to new technologies. Honestly, up to now, even segwit update didn't solve the issue of huge transaction fees completely. Mining as well becomes more and more complex and hard that hardware needs to adjust and improve.

code behind the bitcoin could be changed, but decentralized consensus is needed for that, there is a requirement for a broad consensus, or the changed code will be hard-forked from the main code
it is not likely to happen, but one should know that it is possible

[Wesleyeric]

Yes what ever you see or hear, You just need to be taken note Of it, It will really be accomplished when the time comes, there is no particular time for anything in bitcoin, it happens when ever it time, No need to be waiting or expecting, Bitcoin is hundred percent, Just keep on looking and getting your information from your source ok

[YOSHIE]

And will Bitcoin (satoshi dream or goal ) be fully accepted in the world as a means of payment?.

Before Bitcoin and when it was created, yes, it was Satoshi's dream, but as you can see now, Bitcoin was the dream of all of us including you.

Of course, accepted all over the Bitcoin world today, more people are crazy about Bitcoin, than international artists.

back to what satoshi wrote.
peer-to-peer; When interpreted as Bitcoin very broadly, around the world, the purpose of peer-to-peer writing is: friends for friends, buy to sell, poor for rich, in the mine to invest and so on, that is the purpose of satoshi, which in essence: Bitcoin is created as below.

Bitcoin is a consensus network enabling a new payment system and completely digital money.
Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without any central authority or intermediary.

[matchi2011]

The progress is actually unreal, bitcoin is started in bottom but look now how far its achievement. A page 9 whitepaper that have a billion-dollar system inside, we are still in the beginning of the cashless society. The goal of Satoshi became true and it is really incredible because as time passing by, the number of people who are patronizing bitcoin is keep increasing. There is no doubt that the bitcoin have a bright future wherein it can really become the future currency in every economy. But it will take time where it will not happen easily, there are hurdles and obstacles that the bitcoin should face first before the public will fully patronize it.

Still in progress but it's achieving and the whole world are witnessing what this statement is all about, being used for cashless
transactions and it's beyond borders, a great achievements that being accomplished.

Little by little adoptions coming from known businesses are approaching, in due time  this dream will come true and everyone
will recognize the existence of this system and be embraced everywhere.

[tbterryboy]

On the eve of Halloween 31 October 2008 satoshi wrote
"I have been working on a electronic cash system that's fully peer- to -peer ,with no trusted third party."
Can we say that his work has been done or is still a work in progress .
" What has been the development of Bitcoin and improvement since that statement was made till now?
And will Bitcoin (satoshi dream or goal ) be fully accepted in the world as a means of payment?.

What other goals are you talking about? I think in that statement Satoshi was referring to his purpose for creating Bitcoin, which has already been accomplished by releasing Bitcoin. So, he wasn’t saying it is not something that hasn’t been accomplished. Bitcoin itself is the peer-to-peer payment method that’s being referenced to and it has been done.

So, the next thing now is that it is up to we to start adopting it and making a lot of people to do the same, though I am not trying to say that the whole world will adopt it. I see it that it would be something as PayPal, doing the same thing that PayPal helps us do.

[Silberman]

Yes it is done but subject for modifications. There are many things to consider with bitcoin as digital currency,.asset or an investment scheme this after that it is slowly emerging on the community worldwide. Aside from that other know people or countries wanting to get or create their own cryptocurrency and that can change the existing cryptocurrency in the future depending on the influence it could get to others as well.

The core principles of bitcoin are probably going to remain that way forever however the code and many additional features will be implemented in the future, and this is good once a piece of software is not updated anymore it can be subject to all kind of attacks that were not known before so the developers need to always been on guard in order to avoid being surprised, so people should not get discouraged because they see the latest bitcoin core release is 0.20.0 thinking when we will get to 1.00 as that does not make sense, bitcoin has been functional since day one and the only thing we really need now is more adoption, which is underway already.