Bitcoin was the first established digital asset with cryptography and can be used as a medium of exchange. When exactly Bitcoin was found is unknown. However, digital currency was first made public in 2009. The anonymous Satoshi Nakamoto, whose real identity is still unknown, is behind the development of Bitcoin. It can be a person or a group of individuals. ‘Satoshi’ is the smallest or one-hundredth unit of Bitcoin, which was built using technology with the goal to create a new electronic cash system that is completely decentralized with no central authority or geographical boundaries.

Mining bitcoin requires a heavy amount of energy, which is as much as the amount of energy consumed by many small European countries. Nakamoto shared the source code and domains with the Bitcoin community. There has not been any communication from Nakamoto since then.

Bitcoin was the first established digital asset with cryptography and can be used as a medium of exchange. When exactly Bitcoin was found is unknown. However, digital currency was first made public in 2009. The anonymous Satoshi Nakamoto, whose real identity is still unknown, is behind the development of Bitcoin. It can be a person or a group of individuals. ‘Satoshi’ is the smallest or one-hundredth unit of Bitcoin, which was built using technology with the goal to create a new electronic cash system that is completely decentralized with no central authority or geographical boundaries.

Mining bitcoin requires a heavy amount of energy, which is as much as the amount of energy consumed by many small European countries. Nakamoto shared the source code and domains with the Bitcoin community. There has not been any communication from Nakamoto since then.