When was bitcoin invented? Bitcoin began in 2008 when satoshi nakamoto published a whitepaper titled Bitcoin – A peer to peer electronic cash system. It’s first transaction was 3rd January 2009 but it took several years before even cult level adoption.

Bitcoin is now known as a digital currency and was followed by swathes of copycats. Most notably litecoin which openly took the bitcoin codebase but applied very slightly different parameters… a larger supply and a faster mining time. So if Bitcoin is digital gold, litecoin aimed to be digital silver.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Post comment