#History

“Bossy, Eccentric, and Kind of Weird”: Laszlo Hanyecz Describes Bitcoin Founder Satoshi Nakamoto

June 1, 2018 by Priyeshu Garg at Bitcoin, Commentary, News

Satoshi Nakamoto, the pseudonymized founder of Bitcoin, has been described by Laszlo Hanyecz, an early Bitcoin developer, as "paranoid," "bossy," and "a little bit weird" according to a May 30 interview. The legendary creator of Bitcoin (BTC) has never revealed their identity publicly, and very little is known of about...

History of Bitcoin Part 5: Hollywood Stock Exchange

May 9, 2018 by Alex Lielacher at Bitcoin, Commentary, News, Tech

To read the previous installment of BTCManager's History of Bitcoin series, which focuses on BitTorrent, click here. While bitcoin is the world’s first decentralized digital currency and opened up the doors for a wave of digital assets, the concept of virtual currency and digital assets dates back much further than...

The History of Bitcoin Part 4: BitTorrent

April 11, 2018 by Alex Lielacher at Cryptocyclopedia

You can read Part 3 of the History of Bitcoin series here. Prior to the launch of the first decentralized digital currency bitcoin, there were several projects such as Hashcash, b-money, bit gold, and BitTorrent, which helped to shape cryptocurrencies as they exist today. In this installment of “The History...

The History Of Bitcoin Part 3: What Is B-Money

April 4, 2018 by Alex Lielacher at Cryptocyclopedia

You can read Part 2 of the History of Bitcoin series here. In the initial days of the crypto-anarchy and cypherpunk movement, where bitcoin was eventually born, researchers were determined to create a community that would be free of the control from centralized authorities. It was in this community, where...

The History of Bitcoin Part 2: Bit Gold

March 30, 2018 by Alex Lielacher at Bitcoin, Cryptocyclopedia, Mining, News, Tech

Read Part 1 of the History of Bitcoin series here. While bitcoin is the first functioning decentralized digital peer-to-peer payment system, it has several predecessors that have helped to shape its existence. It will be these forerunners that will make up our discussion in ‘The History of Bitcoin’ series. What...

The History of Bitcoin Part 1: What is Hashcash?

March 23, 2018 by Alex Lielacher at Cryptocyclopedia

To start BTCManager’s ‘History of Bitcoin’ series, we will look at the proof-of-work algorithm Hashcash. This algorithm was used as the basis upon which a number of cryptocurrencies, most notably bitcoin, create their mining protocols. The Origin of Hashcash In 1992, researchers Cynthia Dwork and Moni Naor presented their paper...