On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today.
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The 11th Anniversary of the Bitcoin Whitepaper
11 years ago today, at 2:10 p.m. Eastern Standard, Satoshi Nakamoto published the Bitcoin whitepaper to the Cryptography Mailing List. The service used was a pipermail message service hosted on metzdowd.com run by a group of cypherpunks. The mailing list message title was called “Bitcoin P2P e-cash paper” and Nakamoto explained that he had been “working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” The anonymous creator also revealed that the paper was hosted on the website bitcoin.org.
Nakamoto emphasized in his email that the main property of the protocol was that “double-spending is prevented with a peer-to-peer network.” He highlighted that there was no mint or trusted third parties and “participants can be anonymous” if they choose to be. The first email detailed that “new coins are made from Hashcash style proof-of-work and the proof-of-work for new coin generation also powers the network to prevent double-spending.”
The Bitcoin whitepaper announcement wasn’t a huge deal at the time and really only a small number of people witnessed the
