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Author Topic: The beginning of bitcoin  (Read 664 times)
Ocha Bacoh
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May 17, 2018, 01:58:13 AM
 #21

Early on, Bitcoin released its first 50 Bitcoins in the world produced from a system later known as "Genesis Block". To get this Bitcoin required mining digitally, every 10 minutes or so after the new Bitcoin can be distributed. Bitcoin itself is one of the first implementations called Cryptocurrency.
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Vendetta666
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May 17, 2018, 02:06:30 AM
 #22

Better to research about that, because even if we know we have different beliefs. But I am sure in one thing. Btc is created by unknown identity but they called us Satoshi Nakamoto and released on 2009. That what I surely know that I can share to you.
Alexmagn84
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May 17, 2018, 02:12:59 AM
 #23

Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?
The first person of the used bitcoin satoshi nakamoto.you can search Cryptocurrency section. It some better answer for your question.

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May 17, 2018, 03:08:58 AM
 #24

Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with the open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoins of a decentralized currency. Unlike most common currencies, bitcoin does not depend on trusting major publishers. Bitcoin uses a database that is distributed and spreads to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by people owning them, and never be done more from one time.
Hope this helps.
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May 17, 2018, 03:41:38 AM
 #25

Bitcoin is born with a decentralized Blockchain technology and that uses a network of interconnected blocks in all the computers around the world.
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May 22, 2018, 07:47:08 AM
 #26

What I know about Bitcoin is that Bitcoin is created since 2008 by Satoshi Nakamoto. Bitcoin is the first cryptocurrency without any intervention from government or authorities.

Bitcoin is the first implementation of a concept called "cryptocurrency", first described in 1998 by Wei Dai in the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control manufacture and transactions, instead of using centralized authority. The first Bitcoin specification and proof of concept were published in 2009 in a cryptographic mailing list by Satoshi Nakamoto. Satoshi left the project at the end of 2010 without telling much about him. Bitcoin is publicly publicized and developers from around the world can review the code or create their own modified version of Bitcoin software.
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May 22, 2018, 07:52:55 AM
 #27

Bitcoin is born with a decentralized Blockchain technology with an interconnected network between blocks, located within the entire computer in the world, and bitcoin will be the currency of the future.
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May 22, 2018, 07:55:01 AM
 #28

bitcoin was born in 2009, after the monetary crisis of 2008. was created by Satoshi Nakamoto, which until today we never know about him.

bitcoin is the first digital currency created with the purpose to stabilize the monetary crisis.

the concept of bitcoin is decentralized, open source and anonymous. so no organization can control the blockchain system.

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May 22, 2018, 08:28:45 AM
 #29

Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?
maybe the information you need is in sub forum of Development & Technical Discussion. Because I also did not go into what kind of complicated systems running bitcoin, which I know bitcoin uses a decentralized system in which there is only one center to run all of its systems and transparently.

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RochaMckay
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May 28, 2018, 08:51:48 AM
 #30

I think it comes from Japan the end of 2009.
Ann Impas
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May 28, 2018, 09:20:05 AM
 #31

Appreciate all the responses in this forum. Indeed that great ideas is just around the corner. Any person can work on it and in case of Bitcoin it was Nakamoto. Most probably this is not his real name. Regardless who is, he was someone with a brilliant idea that provide a horizon of opportunity to many industry nowadays. Thank you whoever you are. You just created a legacy.
tokenomics
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May 28, 2018, 09:42:14 AM
 #32

Bitcoin is the first decentralized digital currency, the mother of all altcoins, as the system works without a central bank or single administrator. The system was designed to work as a peer-to-peer network, a network in which transactions take place between users directly, without an intermediary ( banks ). This is were blockchain introduce and is now widely known and is  considered to be use by other industries.
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May 28, 2018, 10:06:43 AM
 #33

BTC was born in 2008, a network ID in the hearing of the encryption punk BBS has released its own encryption currency assumption, this time the encryption currency at a point in time, the mature technology, it was born, so it is the underlying technology of the birth of chain block. Later satoshi nakamoto published the BTC white paper.

BTC is born after a long time, are only a few people know that blocks the astute dug up in creation, and continue to dig for a period of time, produced the first batch of BTC, and he gave the concept of the block chain transmission to more people.

Begginers of Bitcoin is very hard because they dot  have too much  knowledge about bitcoin. We need some explanation of others on how to do it. Then one time we want to try how to use it, when my first time answer will granted I'm very happy because it will success. 
jademacoy
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May 28, 2018, 10:11:27 AM
 #34

Well there are many experts here and good at telling stories about the start of the bitcoin. Actually I joined in this forum without the knowledge on how bitcoin was started since it has started according to the most of the people here that they specify the year 2008. Yet, the owner of the system was only a speculation and no one really knows who is the owner. They thought that the owner is already dead but somehow last week or the other last week the owner of the bitcoin had gone some postings in the thread and giving some bitcoins. Surely there is a lot more secret than the tale tells.
shahin_ameen
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May 28, 2018, 10:14:44 AM
 #35

Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?

You can search your questions on google or in Wikipedia. I think you will get what you want.
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May 28, 2018, 10:54:12 AM
 #36

BTC was born in 2008, a network ID in the hearing of the encryption punk BBS has released its own encryption currency assumption, this time the encryption currency at a point in time, the mature technology, it was born, so it is the underlying technology of the birth of chain block. Later satoshi nakamoto published the BTC white paper.

BTC is born after a long time, are only a few people know that blocks the astute dug up in creation, and continue to dig for a period of time, produced the first batch of BTC, and he gave the concept of the block chain transmission to more people.

Begginers of Bitcoin is very hard because they dot  have too much  knowledge about bitcoin. We need some explanation of others on how to do it. Then one time we want to try how to use it, when my first time answer will granted I'm very happy because it will success. 

It is not easy to begin in bitcoin because you will undergo lots of process. Before joining bitcoin you should have the full knowledge about it. It needs more understanding most especially how it works and how it goes. Patience is very important in here.

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May 28, 2018, 11:06:37 AM
 #37

Better to research about that, because even if we know we have different beliefs. But I am sure in one thing. Btc is created by unknown identity but they called us Satoshi Nakamoto and released on 2009. That what I surely know that I can share to you.

That is my suggestion too to make the mind of the op more clearer because if he depends the answers by tens people or hundreds of people the possible is inaccurate details. Better to search in order to have first hand or second hand info compare to third hand info.
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May 28, 2018, 11:14:06 AM
 #38

Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?
  Bitcoin was born in 2009 and the inventor is called may people satoshi nakamoto if im not mistaken better to do your own research to make your mind clear about the beginning of bitcoin, just explore bro.

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May 28, 2018, 11:15:54 AM
 #39

Bitcoin was born which aims to change the world's financial system, and with the decentralized Blockchain technology makes bitcoin a lot of fun.
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May 28, 2018, 11:25:36 AM
 #40

Hello  Smiley
Who can fairly briefly and intelligibly, explain how the bitcoin was born and how was its network launched?
You can do a research about this and that's better!
I've tried, too much extraneous information, or absolutely incorrect. Therefore I decided to ask for help from people more competent in this matter.


I am a newbie I'm not familiar of this cryptocurrency but I'm willing to learn because I can see this for a good future . I ask for help from my friends who is a investors of bitcoin.  They give me a hint of what I am supposed to do.
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