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Fact summary about the Bitcoin Whitepaper

The Bitcoin whitepaper is the cornerstone of crypto, it was written by Satoshi Nakamoto, the unknow inventor wrote the whitepaper after he coded the first version of bitcoin. The exact date and time of the first release of the whitepaper was Friday, Oct 31, 2008, at 14:10:00 EDT. The paper can be split into four main categories:

  1. Abstract – An overview of entire paper
  2. Introduction – Explains problems with digital transactions and introduces the Bitcoin solution
  3. How the Bitcoin System works – A detailed information about the Bitcoin system
  4. Conclusion – Summary of key features

The whole whitepaper is only 9 pages long and never mention crypto terms like blockchain, cryptocurrency and wallet or 21 million. The technical manifesto was released under an MIT public license for all to learn from, share an enjoy.  After its release it was studied by members of the Cypherpunk movement and they found it extremely promising. In January 2009 the first transaction took place.  For a complete timeline of Bitcoin from 2007 onwards, visit http://historyofbitcoin.org/.

If you already into crypto or want a buy an extravagant gift for a bitcoiner or crypto enthusiast, take a look at our handmade bitcoin whitepaper book. The book (A4) is handcrafted in Germany and has black book leather cover. The title is stamped in gold. It is printed on 90 gsm white premium paper (FSC certified) and features the whole Bitcoin whitepaper (9 pages).