Satoshi Nakamoto Price

Satoshi (中本聪) and Introduction to Bitcoin

1. Founder: Bitcoin was created in 2009 by an anonymous programmer or group of people using the pseudonym Satoshi Nakamoto (中本聪).

2. Basic Concept: Bitcoin is a decentralized digital currency based on blockchain technology and cryptography, used to record transactions and control the creation of new units.

3. Decentralisation: Control of Bitcoin is distributed, implemented through blockchain, which is a distributed electronic ledger.

4. Security: The security of the Bitcoin system is maintained by independent individuals known as miners, who use their computers to confirm the date and time of transactions according to a specific scheme and add them to the ledger.

5. Features:

6. Immutability: The code is immutable.

7. Prevention of Illegal Use: Mechanisms are in place to prevent users from using units they do not own.

8. Limited Supply: Combined with the market's ability to subdivide circulating units into smaller parts as necessary.

9. Fast Transfers: Transfer actual value quickly and irreversibly over the internet, without the need for financial intermediaries.

10. Decentralised Trading Network: Provides a decentralised trading network that offers security and transaction validation.

11. Global Public Ledger: Publicly available transaction information stored in a global public ledger, equivalent to a master ledger.

12. Personal Security: Personal security provided by public and private keys.

13. Blockchain Technology: Bitcoin uses blockchain technology, which is an advanced database mechanism that allows for transparent sharing of information within a corporate network.

14. Miners and Mining: Miners use their computers to confirm the date and time of transactions according to a specific scheme, adding them to the ledger, thus maintaining the security of the Bitcoin system.

15. Bitcoin Units: The smallest unit of Bitcoin is called Satoshi (聪), where 1 Bitcoin equals 100,000,000 Satoshis.