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Who Created Bitcoin?

Bitcoin serves as the first practical version of a concept proposed in1998 by Wei Dai called “cryptocurrency”. That was also the first time this term was coined. Wei Dai in the cypherpunks mailing list suggested creating a new form of currency that would use encryption to control its creation and verification instead of a central authority.
Who Created it?
In 2007, the code was written down and in November 2008 a whitepaper was published on the Cryptography Mailing list at metzdowd by a programmer (or group of programmers), known only as Satoshi Nakamoto. The paper was titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”
Before revealing it to others in the January of 2009, Satoshi Nakamoto conducted a few experiments with the software for Bitcoin. On the 3rd of January, 2009, the first ever Bitcoin block was mined. This officially marked the existence of Bitcoin. On the 9th of January, Nakamoto released an updated 0.1 version of Bitcoin software on ‘Sourceforge’ which addressed minor bugs.
In collaborative efforts with other developers, Satoshi created the website Bitcoin.org. Satoshi continued his involvement with Bitcoin, collaborating with other developers and all the while, remaining a mystery to everyone. Nakamoto didn’t reveal personal information about himself throughout the two years of involvement with Bitcoin. In the December of 2010, Satoshi Nakamoto handed over the reins to Gavin Andersen and that marked the end of his involvement with Bitcoin.
The only time he popped up again was on April 23, 2011. It was to send an email to Mike Hearn, a software developer saying that he’s moved on to other things and that Bitcoin is in good hands with Gavin and everyone. After that, there’s been no word of the elusive Satoshi Nakamoto.
Despite speculations and claims about the true identity of Satoshi Nakamoto and whether it’s an individual or a group, no clear and concise answer has been found as to who is the creator of Bitcoin. What can be said about the relevance of the creator of Bitcoin is that with what’s been introduced into the world, the exact identity matters as much as that of the person who first made paper.
Who Owns it then? How does it work?
The Bitcoin Blockchain is essentially nothing more than a record of transactions made anonymously, held, trusted and grown together by the users. It is not something that’s owned by an individual, government or any private institution. The Bitcoin Blockchain is owned by the Bitcoin community itself. The software that makes up the infrastructure of Bitcoin is open source and the security is provided by what are known as ‘miners’.
Miners are individuals across the world that complete cryptographic puzzles in order to seal blocks of data together which becomes a bitcoin and gets sent to the miner who ‘mined’ it. Each of the 5,500 miners has a copy of every transaction made on the Blockchain Network ever, the size of this ledger has gone over the 100GB mark. This means that the Blockchain network is based on the internet and the only thing controlling it is the Bitcoin protocol which is running the whole thing. No person has control over it.

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