Where does Bitcoin came from?

[YouKnowMe]

Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.

[1714909829]

1714909829

[1714909829]

1714909829

[123kape123]

Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.

base on my searching on the internet bitcoins are created in a process called mining, where a computer repeatedly works through a series of calculations that are designed to be difficult to solve, but to lead to a specific answer.

[greatestwhitetwinpack]

Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.

Bitcoins are created from a process called bitcoin mining Mining is the process of adding transaction records to blockchian, a public ledger.

[zeingrind777]

Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.

Bitcoin is 'created' by a person or group of people with the name 'Satoshi Nakamoto'. Does anyone really know who he is? Although there are many articles and investigations to find out the truth about who he is, there is no strong evidence to date. Is it important? Not at all. Satoshi designed the entire Bitcoin system with an 'open manner' attitude - meaning it is available for viewing and reviewing by everyone, so there are no hidden secrets and no influence from the creator. As time went by, many people began to work on these codes so that they were very different from Satoshi's initial draft. It is important to remember that there is a misconception about Satoshi mentioning that Satoshi created Bitcoin alone. Like other major breakthroughs in science, Satoshi's creation was built by the hands of many people. In recent decades, many leading experts, technicians, and mathematicians have been involved in research on cryptography, systems, and more. Satoshi succeeded in summarizing all these work into a coherent and clear plan and then implementing the plan. If you read Satoshi Whitepaper, you will read references from all the discoveries that drive his success in the creation.

[xander ford]

Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

[AkaSnake]

This video helped me understand where does bitcoin come from when I was a newb, you should watch it: https://www.youtube.com/watch?v=GmOzih6I1zs

[YouKnowMe]

Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.

Bitcoin is 'created' by a person or group of people with the name 'Satoshi Nakamoto'. Does anyone really know who he is? Although there are many articles and investigations to find out the truth about who he is, there is no strong evidence to date. Is it important? Not at all. Satoshi designed the entire Bitcoin system with an 'open manner' attitude - meaning it is available for viewing and reviewing by everyone, so there are no hidden secrets and no influence from the creator. As time went by, many people began to work on these codes so that they were very different from Satoshi's initial draft. It is important to remember that there is a misconception about Satoshi mentioning that Satoshi created Bitcoin alone. Like other major breakthroughs in science, Satoshi's creation was built by the hands of many people. In recent decades, many leading experts, technicians, and mathematicians have been involved in research on cryptography, systems, and more. Satoshi succeeded in summarizing all these work into a coherent and clear plan and then implementing the plan. If you read Satoshi Whitepaper, you will read references from all the discoveries that drive his success in the creation.

This is very informative, Thanks. 

[Decoded]

There's a set limit of 21 million Bitcoin to be created. Currently, we are sitting at 16 million blocks. Originally, 50 Bitcoin as created every 10 minutes by miners who created "blocks". These blocks verified Bitcoin transactions. Four years later, the reward was reduced to 25 btc. Now, in 2017, the reward is 12.5 btc. It will continue to go down until we hit 21 million coins.

[Rovie08]

Actually, I'm so much curious about bitcoin came from? How it is started? Who is introduce this in market?

[YouKnowMe]

There's a set limit of 21 million Bitcoin to be created. Currently, we are sitting at 16 million blocks. Originally, 50 Bitcoin as created every 10 minutes by miners who created "blocks". These blocks verified Bitcoin transactions. Four years later, the reward was reduced to 25 btc. Now, in 2017, the reward is 12.5 btc. It will continue to go down until we hit 21 million coins.

That was very informative. I always encounter the term "mining/miner of BTC", but how exactly are they mining BTC? Thanks.

[hunterkrypto]

which I know bitcoin is created by Japanese people so the possibility of origin bitcoin from japan, bitcoin in want from mining and through blockchain (that's what i know).

[waqarkahloon]

I heard that there was a research paper written on digital currency and blockchain. So satoshi nakomoto implemented this research paper and created bitcoin. It was created in 2011 and have seen many faces of development. It is open source code and anybody can improve it if other accept it. Now new bitcoin are created as transaction fee for those people who mine bitcoin with usage of high sped processor and electricity. In other words bitcoin is not created free instead it cost money to create a bitcoin.

[Fatemablabla]

As far i know bitcoin was created by a japanese who is satoshi.i dnt knw anything else.i should have learn about it.

[TTITA]

this is good answer, with many miners, we stock bitcoin still available at market hold.

There's a set limit of 21 million Bitcoin to be created. Currently, we are sitting at 16 million blocks. Originally, 50 Bitcoin as created every 10 minutes by miners who created "blocks". These blocks verified Bitcoin transactions. Four years later, the reward was reduced to 25 btc. Now, in 2017, the reward is 12.5 btc. It will continue to go down until we hit 21 million coins.

this is good answer, with many miners, we stock bitcoin still available at market hold.

[mykha]

Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.

bitcoin came from one of the it specialist who called named bitcoin as anonymous

[YouKnowMe]

this is good answer, with many miners, we stock bitcoin still available at market hold.

There's a set limit of 21 million Bitcoin to be created. Currently, we are sitting at 16 million blocks. Originally, 50 Bitcoin as created every 10 minutes by miners who created "blocks". These blocks verified Bitcoin transactions. Four years later, the reward was reduced to 25 btc. Now, in 2017, the reward is 12.5 btc. It will continue to go down until we hit 21 million coins.

this is good answer, with many miners, we stock bitcoin still available at market hold.

What will happen if we reach 21M BTC? Will the value go down?

[alexjhons]

The story behind The Origin of Bitcoin is quite Intresting and mysterious the origin is said to be done by Some Satoshi Nakamoto But his Identity is Still remains a Mystery. He Introduce Bitcoin by publishing a letter and there is how the whole world of Bitcoin Starts From a Script.

[kelseydustin]

Where does bitcoin came from? How it's made and how does it expand/grow? Thank you for any answers.

Bitcoin was created by Satoshi Nakamoto and there is no proof whether this name belongs to a person or a group of people. Many people claim that Satoshi Nakamoto has died. He is the father of bitcoin and also the blockchain technology. In the beginning, people tended to use bitcoin in the deepweb. HAckers, criminals use bitcoin to buy many things such as drug, human, illegal stuff on the darknet. Then, people figure out how important and amazing bitcoin is and they started buying bitcoin as an online investment. Bitcoin is newly created by the activity called mining. Only when you have gadgets can you mine bitcoin.

[DoublerHunter]

Bitcoin came from an idea of a person called Satoshi Nakamoto where he is so sick and done of the fiat or the financial system since then so he do a lot of research and studies about creating a great concept of type of money and that is when bitcoin born. Bitcoin is created in 2008 and launched in 2009 and right now it is slowly revolutionizing the world because of its beautiful concept.

[FasTroy]

Bitcoin created in the beginning of 2009 by a person or a group of people called "Satoshi Nakamoto", No one know him/them. So the bitcoin core build, In this time many people think that bitcoin is just a scam project, and never interssed in it, but there is some people invest on it too much and believe that it will may succeed in the future, and by now, they are billionaires.