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THIS DAY IN BITCOIN HISTORY

February 18

Satoshi’s forum post from February 18, 2009: “Bitcoin open source implementation of P2P currency”, quoted from the original source.

FROM THE ARCHIVE

What Satoshi wrote on February 18.

Forum posts · 2009Bitcoin open source implementation of P2P currency

It is a global distributed database, with additions to the database by consent of the majority, based on a set of rules they follow: - Whenever someone finds proof-of-work to generate a block, they get some new coins…

SATOSHI ON ENCRYPTION
A generation ago, multi-user time-sharing computer systems had a similar problem. Before strong encryption, users had to rely on password protection to secure their files, placing trust in the system administrator to…
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