How Much Bitcoin Does Satoshi Nakamoto Own?

Satoshi Nakamoto – Bitcoin’s anonymous founder – may be the single largest Bitcoin whale on the planet. However, there’s no evidence that Satoshi ever has or will spend his coins. In fact, the crypto community isn’t even certain about how many coins belong to the founder. Just how rich is the father of Bitcoin? And what implications could his ancient stash have for both the network and the asset? The Patoshi Pattern One of the most popular theories to date…

Satoshi Era Bitcoin Whale Moves Coins After Hodling for Over 11 Years

A half-ancient Bitcoin address – created while Satoshi was still active – abruptly spent all of its coins yesterday night. Its once 489 Bitcoin balance has been reduced to zero, having been moved elsewhere. The transaction marks the first time the wallet saw any activity since last June and the first time that any coins have ever been spent from the address. The first time the wallet received coins was in October of 2010, when a whopping 489 Bitcoin was…

The Bitcoin Blockchain Turns 13 Years Old

It mined Bitcoin’s genesis block 13 years ago as of today. Twitter has been active with a celebration over the special day, including some minor comments about Jack Dorsey and Elon Musk. Happy Birthday, Bitcoin! Bitcoin’s software was released for public participation on January 9th 2009. However, January 3rd 2009, appears to be when pseudonymous developer Satoshi Nakamoto mined Bitcoin’s genesis block. However, this block may have been back-dated. The block was unique for several reasons. Firstly, unlike all other…

The Evolution of Bitcoin Mining From Satoshi to Till Now

As the world continues to embrace cryptocurrencies, so too do they evolve. Evolution affects many of their processes and functions.  Bitcoin, your premier digital asset, isn't exempt from these changes. One important process where it has undergone tremendous change is in Bitcoin (BTC) Mining. So what is Bitcoin Mining? What's its importance? How has Bitcoin Mining evolved with time, and what's its future? Well, this article takes you through the evolution of Bitcoin mining. The process will help you understand…

Why Satoshi Nakamoto Chose C++ to Program Bitcoin

Bitcoin was launched in 2009 as a digital currency and a decentralized peer to peer platform, giving control to everyone over their funds. Satoshi Nakamoto introduced this platform, and it has since then grown in use, attaining a market capitalization of over 353 billion USD. As an investment prospect, bitcoin has a volatile nature and has made fortunes for people ready to take risks. Some financial experts even argue that one bitcoin's price could go above 400 thousand USD in…

What We Know so Far About Bitcoin’s Founder Satoshi Nakamoto

No matter how big Bitcoin becomes, there will always be one question associated with it - “Who is the founder of Bitcoin?” Everyone from governments to internet sleuths weighed in on this argument for over a decade. Despite their greatest efforts, the world still may be no closer to ever unmasking this individual's true identity, group, or …. Clues to Satoshi Nakamoto's Identity Satoshi may be gone now, but there was a time when he was very active in Bitcoin…

The 21M Bitcoin Mystery – The Origins of Satoshi Nakamoto’s Supply Cap Decision

The Bitcoin Solution With the advent of Bitcoin came a newfound revolution - a revolution in distributed computing, decentralized organizations, and, most importantly, in the borderless medium of exchange. To many, Bitcoin represents a form of hope, a mechanism that would finally help the world get rid of centralized power and control. To others, Bitcoin was nothing more than an alternative for money. Satoshi Nakamoto, the pseudonym behind Bitcoin's creation, saw their invention as nothing more than an experiment. To…

Crypto Community Abuzz of A 40 BTC Transfer Moved From a Wallet Suspected to Be Satoshi’s

Whale Alert has detected a transfer from a Bitcoin wallet likely owned by Satoshi Nakamoto  The Bitcoin in the wallet was mined in the first month of the king crypto's existence back in 2009 It's unusual that a holder of that many years is suddenly moving their coins as more and more bitcoin investors are holding for the long term On May 20, 2020, Whale Alert detected a bitcoin transfer from a wallet possibly owned by the pseudonymous bitcoin founder,…

A Guide on the History of Smart Contracts

A traditional contract, which is still universally used to date, is a written document that frameworks cooperation. It includes the terms and conditions of a partnership or service agreement. Contracts are traditionally written in a language that is perceivable and understandable to the humans who make it. The contracts include all the clauses, by-laws, and other important elements that eventually make it unfalsifiable. But with the advent of the internet and other connective technologies, the paradigm of human readability and…

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