It was recently 11 years since Satoshi Nakamoto, the creator of Bitcoin, published his last message on the famous Bitcointalk forum, dedicated to discussing bitcoin, blockchain, and cryptocurrencies.
Satoshi Nakamoto, the pseudonym that hides the person or group of people who created Bitcoindisappeared from the Bitcointalk forum on December 12, 2010. Bitcointalk is an Internet forum that was created by Satoshi in November 2009 to welcome the revolution born with Bitcoin, the first cryptocurrency successful in the world. Through Bitcointalk, forum members could interact with Satoshi and discuss Bitcoin and blockchain, the underlying technology behind this powerful cryptocurrency. The forum is currently operational and is used by Bitcoin developers and the crypto community in general to hold discussions and debates on the development of the industry.
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Welcome to the new Bitcoin forum
In its first message In Bitcointalk, published on November 22, 2009, Satoshi Nakamoto welcomed users to the new Bitcoin forum, mostly from the list of the cypherpunks. During his participation in this forum, Satoshi explained many things about Bitcoin; In addition, he talked and interacted directly with users to make key decisions that shaped the cryptocurrency. On the forum, there are about 570 posts written by Satoshi between 2009 and 2010.
Thus, Bitcointalk became the center of conversations, debates and discussions about the development of Bitcoin, its privacy and security.
Bitcoin Pizza Day and “HODL”
Bitcointalk was also the site of one of the most important conversations about Bitcoin to date, the success of which allowed the cryptocurrency to grow into what it is today. The famous programmer Laszlo Hanyecz spoke for the first time about the possibility of making a purchase using BTC. In May 2010, Hanyecz wrote that he wanted to buy two large pizzas with 10,000 BTC as payment.
Hanyecz’s wish came true within a few days, leading to the first successful purchase with BTC, which highlighted the potential of cryptocurrency as a value exchange. Back then, the 10,000 BTC Hanyecz used to buy the two pizzas was worth about $41. To date, this same amount of BTC exceeds $470 million, with Bitcoin trading close to $47,100 per unit in the market, at the time of this edition. The Bitcoin forum was also the place where the popular word “HODL” was born, which refers to the firm decision to hold bitcoins or other crypto assets for the long term.
Gavin Andressen
In its last message In the famous forum, Satoshi announced the release of a new version of the Bitcoin software, v0.3.19, which would introduce important improvements to make the cryptocurrency resistant to DoS attacks. However, unknown to anyone, that would be the last message that Satoshi Nakamoto would post on the Bitcointalk forum, abruptly leaving the community full of doubts. A few days later, Bitcoin Core developer, Gavin Andressen, posted a thread noting that he would start doing more active management for BTC. Andresen was already known to the crypto community, as he had become Satoshi’s right-hand man a few months earlier.
“With Satoshi’s blessing, and with great reluctance, I will start doing more active project management for Bitcoin. Everyone please be patient with me; I’ve had a lot of project management experience at startups, but this is the first open source project of any size I’ve been involved with.”
After his last Bitcointalk message, Satoshi made a new and final appearance on the internet via Satoshi Nakamoto Institutein March 2014, when he denied speculation about being Dorian Nakamoto.
The legacy of Satoshi Nakamoto
Bitcoin, today considered and known as the most important cryptocurrency in the world, is the greatest legacy that Satoshi Nakamoto has left us. Bitcoin is both an open source software that connects thousands of computers located in different parts of the world, as well as a protocol and a cryptocurrency; all this is a symbol of development, technological innovation, freedom and financial independence.
In 2008, Nakamoto shared the white paper or Bitcoin white paper, marking a historic moment for everyone; which is celebrated every October 31. Today, although it is not really known who hides behind this pseudonym, there is a faceless public statue erected in Budapest, in honor of the creator of Bitcoin and in tribute to his great contributions.
Thank you Satoshi for the legacy of Bitcoin!
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