lessonΒ·15 minΒ·Chapter 1 of 3
Bitcoin's Origin Story
On October 31, 2008, a pseudonymous person (or group) named Satoshi Nakamoto published 'Bitcoin: A Peer-to-Peer Electronic Cash System.' On January 3, 2009, the genesis block was mined, containing the famous message: 'The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.' Bitcoin solved the double-spending problem without a trusted third party β a breakthrough that had eluded cryptographers for decades. Satoshi disappeared in 2011, leaving behind an open-source protocol that would spark a revolution.
π‘ Key Takeaway
This lesson covers the fundamental concepts. Make sure you understand these before moving to the next chapter.