What is the history of bitcoin?

The history of bitcoin started with its invention and implementation by Satoshi Nakamoto, who integrated many existing ideas from the cryptography community. Over the course of bitcoin's history, it has undergone rapid growth to become a significant store of value both on- and offline.

What are the major milestones in Bitcoin's history?

The major milestones of Bitcoin’s history are scattered. We, therefore, have compiled a list of some of the most significant landmarks in the story of Bitcoin since its inception. 2007 – Satoshi begins working on Bitcoin’s blockchain code. August 18 – The Bitcoin.org domain name is registered.

Is bitcoin a store of value?

Originally designed as a medium of exchange, Bitcoin is now primarily regarded as a store of value. The history of bitcoin started with its invention and implementation by Satoshi Nakamoto, who integrated many existing ideas from the cryptography community.

What happened to bitcoin?

March 12 – The Bitcoin blockchain underwent a hard fork from version 0.7 to 0.8, but there were problems with the coding, and the developers and users decided to revert to the previous version. This resulted in a loss of 36,000 BTC that had been mined on the new chain. April 1 – BTC hits $100 USD for the first time.