Bitcoin (BTC) Overview:
- Launch: Bitcoin was introduced in 2008 via a whitepaper titled *Bitcoin: A Peer-to-Peer Electronic Cash System*.
- Purpose: Designed to function as a decentralized, trustless, peer-to-peer digital currency.
- Technology: Based on blockchain, it utilizes Proof of Work (PoW) to secure transactions and maintain decentralization.
- Supply Cap: Bitcoin has a fixed supply of 21 million coins, enhancing its appeal as a deflationary asset.
The Mystery of Satoshi Nakamoto:
- Nakamoto's identity remains unknown, sparking curiosity and countless theories.
- Nakamoto's Bitcoin holdings, estimated at around 1 million BTC (worth billions), have never been moved, adding to the intrigue.
- Nakamoto's disappearance in 2010 left the Bitcoin community in the hands of developers and miners.
Satoshi’s Influence on Cryptocurrency:
- Nakamoto's creation spurred the development of thousands of alternative cryptocurrencies (altcoins) and blockchain technologies.
- Concepts introduced by Nakamoto, such as decentralization and trustless systems, remain foundational in crypto and Web3 innovations.
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