1. Bitcoin Basics

Who created bitcoin?

It only makes sense that a cryptocurrency’s origin story should be shrouded in mystery. The name Satoshi Nakamoto has been associated with its invention ever since the first digital paper on bitcoin emerged in 2008. But even now, almost 10 years later, we are no closer to knowing with certainty just who Satoshi Nakamoto is or whether bitcoin was actually the result of a team of people working together instead.

So far, Hal Finney, Dorian S. Nakamoto, Craig Wright, and Nick Szabo, among others, have been considered possible candidates. As an homage to bitcoin’s purported creator, a satoshi is the smallest divisible amount within one bitcoin, representing 0.00000001 bitcoin or one hundred millionth of a bitcoin.

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