13 years ago the Bitcoin white paper only had nine pages but contained enough to change the world.
Bitcoins white paper birthday has come while world continues to deal with a pandemic, inflation fears, an surprising memecoin mania trend and ever growing institutional adoption of the cryptocurrency space.
Satoshi Nakamoto released the Bitcoin white paper on the 31st of October to a cryptography mailing list hosted by Metzdow. The Metzdow mailing list was run by a group of cypherpunks and was filled with ideas meant to create a form of digital currency: some of which were even been mentioned in the Bitcoin white paper.
The white paper came in a message titled “Bitcoin P2P e-cash paper,” where Nakamoto described that his digital currency is fully peer-to-peer and requires no trusted third party for a transaction to occur. Through a p2p network, Bitcoin solved the double-spending problem. Bitcoin also allowed network participants to remain anonymous and was secured through a proof-of-work consensus algorithm.
In 2008 t he white paper wasn’t received the way people would expect it to be, knowing what they know today. Only a handful of people saw Nakamoto’s email and replied with their thoughts and concerns surrounding Bitcoin.
