Where does Bitcoin came from?

[ismelda_ita]

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

Bitcoin was created in 2009 by Satoshi Nakamoto. The early presence of Bitcoin is also characterized by the first 50 Bitcoins in the world produced through the system, later known as "Genesis Block".

[YouKnowMe]

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.

What exactly is the concept of bitcoin? can you explain it the the simplest way? Thanks.

[kiddeon123]

Bitcoin is created by so called "satoshi nakamoto" but no one knows if it is just a name of a single group or just a person.Even though there are many articles and inveatigationa to know the truth about satoshi us, there are still no concrete evedence to date. But it is not important who create bitcoin because it is designed to be viewed and reviewed by anyone without the influence of the creator, meaning it is independent. As time pass by many people such as mathemathecians, prigrammers and developers continue to improve criptography and arrives on what we are being benifited today.
 

[Jovl]

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

According to my research Bitcoin was created by unknown person or group under the name Satoshi Nakamoto.

[HarleyQuinn9876]

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

Bitcoin was created by a person (or group of people) who did not want to reveal their identity, nicknamed Satoshi Nakamoto. So far, there have been many speculations about Satoshi, but the guesswork is still speculation, and we still do not know who Satoshi really is because all the people who are "suspected" refuse to be. myself.

[resty]

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

I think this is coming from japan the one who first founder of bitcoin is a certain "Satoshi Nakamoto" if i'm not mistaken, then followed by the other founder which will continuously support and provide BITCOIN until now, and now Bitcoin is famous in America, Europe and Asia, but here in the Philippines is not so popular and i hope someday Bitcoin is a primary use for all Philipino's to become less poverty.  

[soham]

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

Bitcoin come from a technology that is known as blockchain. It is an online algorithm where mining happens. You can assume it as a mathematical problems with gradual increase in difficulty. Once you got an answer right, we call it blocks. Once a block is discovered, the algorithm moves to higher difficulty and it required even better power to solve the problem. The process is known as mining. Instead of human brain, the computing power is used for mining and to discover the blocks.

Now the difficulty of that algorithm is so high, it can't be solved by a normal computing power. You will need expensive rigs and a lot of mining power which make mining exclusive to a certain community. While only a minor percentage of people is mining, a whole lot more people is looking to earn in bitcoins which creates a robust demand where the supply is low compared to the demand. So people are willing to pay higher price for bitcoin which increases its price. So that is an overview of bitcoin as per my understanding and I hope it will help you understand the basics.

[xiboothrezi]

Bitcoin uses a database that is distributed and spread to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions.

[btcprospecter]

There are some really good videos documenting bitcoin and it's growth. Pretty much everyone on this thread have provided most the information on how it started and how it works.

[Emerge]

When a miner cracks an algorithm to record a block of transactions to a public ledger called a blockchain. When the “block” is added to a “blockchain” new Bitcoins are created.

[bce]

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

for the answers you need all in the bitcointalk forum to explain in detail many of the time I need to answer your question with bitcoin is the digital currency for more obviously read more reviews in bitcointalk

[kucritt]

as i know that bitcoin created by satoshi nakamoto, they found "bitcoin" at the first time and develop that coin until know, so its make The smallest unit in bitcoin called satoshi, because it taken by the founder satoshi nakamoto

[krypt0n1]

Miners are awarded newly "minted" bitcoin for verifying transactions. Approximately every 4 years, there is a halving where the rewards the miners receive for these verifications are reduced by half.

[bitvalak]

there is no valid information about where the bitcoin is coming from. What is clear from some information from the bitcoin forums is made by a group of people who named them as Satoshi Nakamoto.
bitcoin is growing rapidly because of its innovation in managing its assets, and most importantly its security is very high. In addition the bitcoin runs by itself without anyone being able to control the center. This is why bitcoin is growing very rapidly.

[liuqi]

there is no valid information about where the bitcoin is coming from. What is clear from some information from the bitcoin forums is made by a group of people who named them as Satoshi Nakamoto.
bitcoin is growing rapidly because of its innovation in managing its assets, and most importantly its security is very high. In addition the bitcoin runs by itself without anyone being able to control the center. This is why bitcoin is growing very rapidly.

After invention Satoshi expects the bitcoin to be mined only using the GPU cards and PC only but now bitcoin mining expands using the application system integrated circuits(ASIC) miners. Each coins will be mined using the blocks and network pools segregated to concern pools. Ant pool large space to mine the nerwork pools.

[selectaselectine]

In a conventional financial system, new money is created by a central bank, such as the Federal Reserve. But the Bitcoin network doesn't have a central bank. So the system needed an alternative mechanism for introducing currency into circulation.

[teilwalL05]

there is no valid information about where the bitcoin is coming from. What is clear from some information from the bitcoin forums is made by a group of people who named them as Satoshi Nakamoto.
bitcoin is growing rapidly because of its innovation in managing its assets, and most importantly its security is very high. In addition the bitcoin runs by itself without anyone being able to control the center. This is why bitcoin is growing very rapidly.

After invention Satoshi expects the bitcoin to be mined only using the GPU cards and PC only but now bitcoin mining expands using the application system integrated circuits(ASIC) miners. Each coins will be mined using the blocks and network pools segregated to concern pools. Ant pool large space to mine the nerwork pools.

Then towards mining blocks it became difficult in getting a block that is why they needed ASIC chip miners or ant miner that can solve blocks really fast, then there are many sites that circulates satoshi's like faucets earning bitcoin by clicking or solving captcha, then altcoins were introduce that involve trading with other altcoins with these many earning and acuiring bitcoin many investors and user are buying bitcoin that is why the demands right now is so great with only just 20 millions block left to mine. That is why the price fluctuates more eagerly up.

[truthstalker]

there is no valid information about where the bitcoin is coming from. What is clear from some information from the bitcoin forums is made by a group of people who named them as Satoshi Nakamoto.
bitcoin is growing rapidly because of its innovation in managing its assets, and most importantly its security is very high. In addition the bitcoin runs by itself without anyone being able to control the center. This is why bitcoin is growing very rapidly.

Of course it is. Bitcoin comes from mining difficulty is a mini game to distribute coins evenly.

[sublime5447]

bitcoin was created by a groupand it’s unknown until now but many sites have explained that bitcoin was created by Satoshi Nakamoto and many still don’t know whether Satoshi Nakamoto created bitcoin alone or with his group, but should be grateful for now because of the existence of bitcoin many people are financially helped to be better.

[FJNuñez]

Bitcoin came from a cryptographer mailing list where one person, or group, released a technical paper that proposed a peer-to-peer electronic cash system based on cryptographic proof.