Download A Beginner's Guide to Bitcoin AudioBook Free
Bitcoin may seem to be complicated at first, but is in fact very simple to make use of. So long as an individual is careful in protecting their digital budget and uses the system accurately, Bitcoin can be considered a very simple way to send and receive funds. As the first notion of cryptocurrency such as this was identified by Wei Dai in 1998, the first real prototype, Bitcoin, was made by Satoshi Nakamoto, a name employed by someone whose real personal information is still unidentified since first publishing the paper, "Bitcoin: A Peer-to-Peer Electronic Cash System", on Oct 31, 2008 to a cryptography email list. Bitcoin was first actually integrated in January of 2009. It was released as an open-source code, and anyone could create their own version of cryptocurrency using this information. Satoshi Nakamoto stepped down in 2010 2010, and Gavin Andresen overran the reigns. Andresen then did the trick to ensure that Bitcoin was completely decentralized, meaning that no single entity has control over the system. Andresen said, "When Satoshi stepped back and threw the job onto my shoulder blades, one of the first things I did so was make an effort to decentralize that. So, easily get hit by the bus, it would be clear that the job would continue."
