$ETH who started cryptocurrency?
The concept of cryptocurrency was first introduced by an individual or group of individuals using the pseudonym Satoshi Nakamoto. Nakamoto published a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" in 2008, which outlined the principles of a decentralized digital currency that would allow online payments to be sent directly from one party to another without going through a financial institution. This white paper laid the groundwork for the creation of Bitcoin, the first and most well-known cryptocurrency, which was subsequently released as open-source software in January 2009 [[❞]](https://cryptonews.com/cryptocurrency/best-crypto-under-1-dollar/) [[❞]](https://coingape.com/markets/top-5-crypto-coins-under-1-to-watch-in-2024/).
Satoshi Nakamoto's true identity remains unknown, despite various claims and investigations over the years. Nakamoto continued to be involved in the development of Bitcoin until 2010, when they gradually handed over control to other developers and community members before completely disappearing from the public eye [[❞]](https://cryptonews.com/cryptocurrency/best-crypto-under-1-dollar/) [[❞]](https://coingape.com/markets/top-5-crypto-coins-under-1-to-watch-in-2024/).
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