the history of bitcoin and position at present
()
Bitcoin is a cryptocurrency, a digital and it was designed to work as a medium of exchange
that uses cryptographyto control creation and mangement . the presumed pseudonymous
SANTOSH NAKAMOTO integrating many existing ideas from cypherpunk community when creating bitcoin. it ungone rapid growth become significiant currency both on offline.
CREATION
On 18 August 2008, the domain name bitcoin.org was registered. Later that year on 31 October, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. This paper detailed methods of using a peer-to-peer network to generate what was described as "a system for electronic transactions without relying on trust". On 3 January 2009, the bitcoin network came into existence with Satoshi Nakamoto mining the genesis block of bitcoin ), which had a reward of 50 bitcoins
I
2018
![]On 22 January 2018, South Korea brought in a regulation that requires all the bitcoin traders to reveal their identity, thus putting a ban on anonymous trading of bitcoins.
On 24 January 2018, the online payment firm Stripe announced that it would phase out its support for bitcoin payments by late April 2018, citing declining demand, rising fees and longer transaction times as the reasons()
AND AS LIKE IT IT IS NOW IN 1ST POISITION IN CRYPTOCURRENCY
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