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June 24, 2017, 09:05:49 AM |
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The Bitcoin inventor, the secretive Satoshi Nakamoto, is an elusive entity to this day. The fundamental outline of the Bitcoin system was defined by him in a thesis published in 2008. Nakamoto then went on to formulate an open source code based on those findings in 2009, the year the Bitcoin was invented.
Following its creation, however, Nakamoto’s internet presence entirely finished in 2010, whereas the Bitcoin progressively triumphed and became globally prevalent.
Other than his publications and invention of the Bitcoin, there is very little known about Satoshi Nakamoto; indeed it is not even entirely certain if that is his true name. Although several enthusiasts have attempted to locate him since his disappearance, they did not have much to go by and eventually failed.
Nevertheless, it is indubitable that somewhere across the world, Nakamoto lives on. Nakamoto’s devotees have yet to give up hope of finding him. With the utmost amount of faith, patience and discipline, a group of Japanese engineers finally unearthed in March 2016 that Nakamoto’s current whereabouts are in Japan. The engineers were thrilled at this discovery, and following the same clue, they strived for over two months to locate his specific whereabouts. They had almost given up on this endeavour when they obtained an article on Blockchain core technology by deciphering a string of codes. Upon performing immersive studies based on the article, the engineers were able to formulate a pristine encryption digital currency.
This brand new digital currency was put to several tests, with the verdict being that it was faultless. For instance, this currency’s speed outnumbered Bitcoin five times over, it was more devolved than Bitcoin, and even safer during transactions. Most significant of all was this currency’s enormous potential to progress.
It was believed by the engineers behind this new currency that only Nakamoto possesses the skill sets to augment an encryption digital currency so flawlessly. They christened the new currency “The Public Coin” (TPC) and proceeded to spread it on a small scale. Since then, 21 companies have taken part in The Public Coin’s expansion.
John Joseph Foley, the president of BUILTTOLAST, an Australian conglomerate, was interviewed on the subject of TPC’s development. This is what he had to say:
“Due to my decades of experience of trading in the gold mining industry, I could readily predict the incontrollable potential of TPC from the moment I became aware of it. Furthermore, it was my understanding that TPC carries the potential of crowdfunding through the use of smart contracts. As this system suited one of our current projects, we chose to invest heavily in the currency.”
Foley also added that following the complete development of TPC, the company will hold a trial to endorse the construction of a sharing platform, so that whosoever is a part of BUILTOLAST obtains some of the coin.
Upon evaluating TPC, a few insiders are of the opinion that it is not certain that Nakamoto was behind this innovation. Nevertheless, the starting level of TPC is now greater than for Bitcoin and, if the predictions stands true, this coin will have an impact a thousand fold greater than the one Bitcoin has made, and will result in tremendous modifications to the society we know today.
Needless to say, it is fully expected that The Public Coin will most likely exceed Bitcoin’s presence in the foreseeable future and, ultimately completely substitute it.
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