The Creation Moment of Bitcoin
On November 1, 2008, a mysterious figure named Satoshi Nakamoto published a paper titled “Bitcoin: A Peer to Peer Electronic Cash System” on the cryptography mailing list metzdowd.com. This groundbreaking literature systematically proposes for the first time an electronic transaction scheme that does not require trust intermediaries – building a decentralized currency system through blockchain technology, completely overturning the traditional financial model that relies on third-party trust.
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On January 3, 2009, just two months later, Satoshi Nakamoto put theory into practice: he successfully developed the first Bitcoin client program and generated genesis blocks through mining, obtaining the first batch of 50 bitcoins. This historic moment not only gave birth to the Bitcoin network, but also marked the first time that humanity has achieved a financial system fully supported by algorithms and cryptography.