Bitcoiner claims to have found long-lost Satoshi Bitcoin code

• Jim Blaskowas able to uncover raw data and files from Bitcoin v0.1 including notations 
• BTC Price at the time of writing – $19,492.41
• Satoshi’s personal notations included remarks on why Bitcoin used base-58

A crypto enthusiast named Jim Blasko has asserted that he has discovered the official oldest known uploaded copy of Satoshi’s Bitcoin, which was uploaded in August 2009.

Blasko wrote on Facebook on Oct. 7 that using some browser hacking on the open-source software development platform SourceForge, where Bitcoin was registered in November 2008, led him to discover code from before Satoshi went public with the cryptocurrency. 

BTC Creators took 6 months to mine 1 million coins

He also said that the BTC creator had to mine one million coins for six months because block 20,000 wouldn’t come until July 22nd, 2009, and others like Hal Finney were also mining.

According to Blasko’s two SourceForge links, Satoshi’s personal notes included questions about how to deal with errors in the future and reasons why Bitcoin used base-58 instead of standard base-64 encoding.

After Satoshi released the cryptocurrency’s white paper in 2008, the Genesis Block, the first block, was mined on January 3, 2009. 

Many people in space continue to speculate about Satoshi’s identity, and the pseudonymous creator is remembered with statues, papers, memes, and non-transferable tokens.

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Who are the Bitcoin founders?

Satoshi Nakamoto, better known by his pseudonym, was the original creator of Bitcoin. The true identity of the individual or organization behind the alias is unknown as of 2021.

Nakamoto released Bitcoin’s whitepaper on October 31, 2008, which provided detailed instructions on how an online, peer-to-peer currency could be used. 

They proposed utilizing a system that would later be referred to as “blockchain” and consist of a decentralized ledger of transactions packaged in batches (referred to as “blocks”). The system would be protected by cryptographic algorithms.

Nakamoto mined the genesis block, the first block on the Bitcoin network, on January 3, 2009, just two months later, launching the first cryptocurrency in the world. 

The majority of Bitcoins were obtained through mining, which only required moderately powerful devices (such as PCs) and mining software at the time of its introduction.

However, Gavin Andresen, who later became the Bitcoin Foundation’s lead developer, received the network alert key and control of the code repository from Nakamoto, who was also the author of Bitcoin’s very first implementation. 

By fixing bugs and adding new features, a lot of people have made improvements to the cryptocurrency’s software over time. Over 750 people have contributed to Bitcoin’s source code on GitHub, including Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli, and others.

Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.

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