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The domain name bitcoin.org was registered on 18 August 2008.On 31 October 2008, a link to a white paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list.Nakamoto implemented the bitcoin software as open-source code and released it in January 2009.Nakamoto's identity remains unknown.All individual components of bitcoin originated in earlier academic literature. Nakamoto's innovation was their complex interplay resulting in the first decentralized, Sybil resistant, Byzantine fault tolerant digital cash system, that would eventually be referred to as the first blockchain.Nakamoto's paper was not peer reviewed and was initially ignored by academics, who argued that it could not work, based on theoretical models, even though it was working in practice.

On 3 January 2009, the bitcoin network was created when Nakamoto mined the starting block of the chain, known as the genesis block. Embedded in this block was the text "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks", which is the date and headline of an issue of The Times newspaper. Nine days later, Hal Finney received the first bitcoin transaction: ten bitcoins from Nakamoto. Wei Dai and Nick Szabo were also early supporters. In 2010, the first known commercial transaction using bitcoin occurred when programmer Laszlo Hanyecz bought two Papa John's pizzas for ₿10,000.

Satoshi Nakamoto is the pseudonym used by the creator or creators of Bitcoin. The identity of Satoshi Nakamoto is not publicly known. One of the first major public investigations ended with Dorian Nakamoto being identified as Bitcoin's creator, but he continues to decline the claim.
One of the most enduring mysteries of Bitcoin is the identity of its founder, Satoshi Nakamoto. Little is known about this person or group, and their identity has never been confirmed.

In October 2008, a message signed by Satoshi Nakamoto titled "Bitcoin P2P e-cash paper" announced the creation of the cryptocurrency.

For the next two years, Satoshi remained active in the community, communicating with others in the development of the blockchain. Satoshi's last message on the Bitcoin forums was posted in December 2010, though unverified private messages from April 2011 have surfaced.

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