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Author Topic: Quick History on how bitcoin came about  (Read 60 times)
EstherBtc (OP)
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July 15, 2026, 03:40:47 PM
Last edit: July 15, 2026, 07:21:02 PM by EstherBtc
 #1

Some of us wey dey this site like the newbies even some OG's no really know the history of bitcoin like that na why i say make i do small research then come up with this topic so that if person ask us wetin be bitcoin and how e take come about we go fit tell am.

i go try make am very simple and short just dey with me.

People been don dey worry say they wan get another way to send money to person without bank and postal office. Say them no need middle man to dey put eye for their transactions. So this method dem dey call am decentralized method of sending money. Because bank and em brother na centralized method.
 
Before 2008 some computer scientist, people wey know too much computer and technology for that time join body with people wey dem dey call cryptographers being dey try to create digital cash but the problem then be say how then wan do wey be say the person wey send the digital money no go also decide to withdraw even when the receiver don withdraw em money.

As them dey dey think na em one man oh abi na woman wey people never still know who em be true true because em no gree show em self. but them say em name na Satoshi Nakamoto for October 2008 publish one paper dem call Bitcoin. Say this Bitcoin na means to send money to person without middleman problem. Em also bring out how we go fit track the transaction wey be Blockchain and this blockchain na to solve the problem of stealing.

For January 3, 2009 na em Satoshi mine the first block of bitcoin network. from there people come dey know about bitcoin, some use am dey buy and sell things, some people receive am as gift.

For now i don come to end of my class.

Thank you.

All Good at the End
Olotu20
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July 15, 2026, 11:35:24 PM
Last edit: July 15, 2026, 11:49:45 PM by Olotu20
 #2

@EstherBTC going through your profile you are actually new to the forum, and writing about the history of how the Nigerian local board came into existence, make me to wonder. I believe that there is a similar thread like this on this local board from some of the older members which advocated for the creation of the Nigerian local board on the forum. I suggest that you create threads that are original and not what others has already written on because, it's already an established fact about how the Nigerian local board came into existence on the forum .Especially from those old members of the forum from Nigeria.

Here is one of the threads that talks about the history of how the Nigerian local board come about, from one of the older members of the local board based on my assessment. Ever since coming to this forum.

https://bitcointalk.org/index.php?topic=5479453.0
EstherBtc (OP)
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July 16, 2026, 11:32:32 AM
 #3

@EstherBTC going through your profile you are actually new to the forum, and writing about the history of how the Nigerian local board came into existence, make me to wonder. I believe that there is a similar thread like this on this local board from some of the older members which advocated for the creation of the Nigerian local board on the forum. I suggest that you create threads that are original and not what others has already written on because, it's already an established fact about how the Nigerian local board came into existence on the forum .Especially from those old members of the forum from Nigeria.

Here is one of the threads that talks about the history of how the Nigerian local board come about, from one of the older members of the local board based on my assessment. Ever since coming to this forum.

https://bitcointalk.org/index.php?topic=5479453.0

Mine is different, i wrote on the history of bitcoin not the history of naija board

All Good at the End
Nathrixxx
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July 16, 2026, 02:50:25 PM
 #4

There is much you can discover about the history of Bitcoin right from inception to this time, being on this forum will also give you more inside about the way bitcoin was conceived and how it has been right from time, you can even learn more to discover about what has been in place before bitcoin was introduced and several attempts that were made by different researchers to create a digital currency, just a single search on the internet or this forum could help more about knowing what made up the history of Bitcoin by Satoshi Nakamato.

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