The issue of its origin and the person behind it is very interesting, let's try to find out what it is and what it was born for, okay guys?
Bitcoin was first mentioned on October 31, 2008 in the report on the peer-to-peer payment protocol by the anonymous figure Satoshi Nakamoto. It began to be used on January 9, 2009 with the creation of the Bitcoin initial block.
Satoshi Nakamoto (中本哲史), a person most likely Japanese, as all the words in the name are from the Japanese alphabet, is an anonymous person or organization that created Bitcoin and created the open source software Bitcoin Core (formerly known as Bitcoin-Qt) for public use of Bitcoin.
The name Satoshi Nakamoto when written in Japanese is 中本哲史. Satoshi is 哲史 (the Chinese word is Philosophy including philosophy and history) and Nakamoto is 中本 (Chinese) meaning its internal origin, in addition, the two words 中本 can also be understood as a compound of Chinese. and Japan. Thus, the creator of Bitcoin implicitly suggested that if you want to find the secret of Bitcoin, find its origin, you must look in history and philosophy, or if you look more closely, you can find it in History and philosophy of China and Japan
Bitcoin itself is a form of encrypted information, so of course the name of the Bitcoin creator will also be an encrypted message. If you decode the secret of Bitcoin and Satoshi, becoming a billionaire may not be the most terrible thing, but you may become the person who changes history.
(To find out why it was born in 2008, let's review the main information: the worst financial crisis in history in 2008 with 10,000 billion USD being swept away, 30 million people losing their jobs, 50 million people returning to standard. below poverty is the price to pay for the crisis of 2008. Many financial institutions of developed countries, especially those in Europe, also participate in the secondary housing credit market in the United States Therefore, the bursting of the US housing bubble also puts these financial institutions in the same danger as the US financial institutions. The European countries with the most severe financial turmoil are Britain, Iceland, Ireland, Belgium and Spain ).
The poor condition of financial institutions has caused credit starvation in many countries, seriously affecting the real manufacturing sector. The global financial crisis has led to economic recession in many countries
he said: "
“The root problem with conventional currency is that it requires trust to function,” Satoshi wrote. “Central banks are trusted not to devalue currencies, but the history of fiat money is full of violations of that trust.”
👉That's why bitcoin was born
BTC was created with the aim of cutting out intermediaries in transactions, typically banks. When transferring money, the sender must go through the bank and pay a very small fee, decentralized, no one has control, anti-inflation like currency, not heavy or need to carry or transact anywhere. It's not enough just to have the internet. If you read carefully about the Truong My Lan incident in Vietnam, you will see the loopholes in banking and bitcoin compensated for almost all the loopholes at that time. I think one person cannot create a project. complete project that requires a team to operate and produce results they are definitely related to banks and the market crash at that time, surely their creator lost a lot of money at that time as the creator launched the first ATM (I think this is a small group that initiated the project because of its positive nature for society and humanity)
The Bitcoin development community gradually lost all contact with Satoshi from mid-2010, after he gave Gavin Andresen the alarm key when the Bitcoin network was attacked. This key can be used to alert the entire network to stop saving transactions. To date, the exact identity of Satoshi Nakamoto remains unknown.
When realizing the potential for storing assets, it was necessary for organizations and governments to make shatoshi nakamoto disappear.
The fact that Satoshi hid under the cloak of anonymity made many people question whether the father of Bitcoin was the head of a Ponzi scheme. But it seems that Satoshi was motivated by political rather than criminal motives.
Test by famous hackers
Currently, despite the absence of its "mother", Bitcoin still affirms its value, but at the time of its inception, this currency was the target of "tests" of reliability.
When it turned two years old, in early 2011, Bitcoin fell into the "sight" of Dan Kaminsky, a leading researcher on Internet security. He announced his investigation of the coin and inevitably found its main weaknesses.
Kaminsky is famous among hackers because in 2008 he discovered a fundamental vulnerability on the Internet that could allow a skilled coder to take control of any website or even shut down the Internet.
He alerted the US Department of Homeland Security as well as Microsoft executives about the issue and worked with them to patch the bug. He is also one of the most experienced masters at "penetration testing" - making computer systems reveal their vulnerabilities. Kaminsky feels Bitcoin is an easy target.
“The first time I looked at Bitcoin's code, I was sure I could crack it,” Kaminsky said, commenting that Bitcoin's programming style is dense and confusing. “The whole thing is structured in an incredibly crazy way. Only the most diligent and paranoid coders in the world can avoid making mistakes on this system," he added.
In a windowless basement full of computers in San Francisco, Kaminsky paced and talked to himself, trying to visualize the Bitcoin network in his mind. He quickly identified nine ways to penetrate the system and found the first attack insertion point.
But when he found the right place, a message was waiting: “Attack Removed.” Kaminsky tried other places, but the same thing happened again and again, making him very angry.
He was like a thief who was sure he could break into a bank by tunneling, drilling into walls, chipping away at walls, or climbing down vents, but each time he tried, he found a newly poured cement fence with a sign. advise him to go home. “I've never seen anything like it,” Kaminsky said in amazement.
He outlined the skills Satoshi needed to be able to successfully build Bitcoin. “He is a world-class programmer, with a deep understanding of the C++ programming language,” Kaminsky said. “He understands economics, cryptography and peer-to-peer networks. Either there was a group of people who did this, or this guy is a genius.”
Kaminsky is not alone in this assessment. Shortly after creating the new currency, Satoshi published a 9-page technical paper describing how Bitcoin works. That document includes three references to the work of Stuart Haber, a researcher at H.P. Labs in Princeton.
Haber is the director of the International Association for Cryptographic Research and he knows all about Bitcoin. “Whoever did this had a deep understanding of cryptography,” Haber said. “They have read academic articles, they have sharp intelligence, and they are combining concepts in a completely new way.”
👉 Look into the eyes
MicroStrategy ,
Vitaly Dmitriyevich "Vitalik" Buterin
They actually knew who Satoshi Nakamoto was but for some hard to know motive they couldn't tell.
👉Even though it's still a mystery, we will soon find out the true identity of shatoshi nakamotor"
Tell me who your friends are, I'll tell you what kind of person you are"
Think about the simplest things, this mysterious information can be hidden in things we don't expect and complicate it.
