THIS DAY IN BITCOIN HISTORY
What happened in Bitcoin on October 31: The whitepaper is announced (2008). Plus Satoshi’s email from this date.
An unknown author sends a nine-page paper to a cryptography mailing list.
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party.
Satoshi Nakamoto · Fri Oct 31 18:10:00 UTC 2008
To compensate for increasing hardware speed and varying interest in running nodes over time, the proof-of-work difficulty is determined by a moving average targeting an average number of blocks per hour. If they'…Read the full quotes ↗
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