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Bitcoin

Bitcoin Whitepaper Anniversary marks 18 years, BTC supply tops 20 million

Image: CoinTurk News

The Bitcoin Whitepaper Anniversary marks the pivotal moment when digital finance took a new direction, emphasizing direct peer-to-peer transactions without reliance on traditional banking institutions. Published on October 31, 2008, by the pseudonymous Satoshi Nakamoto, the nine-page document outlined a revolutionary electronic cash system. Today, Bitcoin has grown into an asset valued at $1.55 trillion. Satoshi Nakamoto’s seminal paper, “Bitcoin: A Peer-to-Peer Electronic Cash System,” was introduced to a cryptography mailing list, proposing a network where users could send payments to each other directly, bypassing intermediaries. The publication introduced concepts such as the public ledger known as blockchain, which records all confirmed transactions openly and permanently.

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