Category Archives: Bitcoin

Blockchain Bites: Clearing the Record on Yellen’s Crypto Concerns and the Bitcoin Double-Spend Fracas

Die Hypothese des effizienten Marktes stößt auf den volatilen Tag von Bitcoin, während Bitcoiners sich solidarisch zeigen, indem sie das White Paper hosten.

Nachdem er gestern um 13% gefallen ist, ist bitcoin wieder auf dem Vormarsch. In der Zwischenzeit hat Janet Yellen eine nuanciertere Sicht auf Krypto angeboten und kleine Ethereum-Mining-Pools organisieren eine Kampagne gegen ein mögliches Netzwerk-Upgrade.

Oberstes Regal

Miner revoltieren!

Bankeinlagen

Signature Bank gab am Donnerstag in einem Earnings Call 10 Milliarden Dollar an Einlagen von Kunden seiner Kryptowährungsunternehmen bekannt. Diese Summe entspricht 16% der gesamten Einlagen der New Yorker Firma und ist auch doppelt so hoch wie die des Konkurrenten Silvergate Bank, die weithin als die erste Crypto Bank angesehen wird, berichtet Nathan DiCamillo von CoinDesk. Ohne Namen zu nennen, sagte der Geschäftsführer von Signature, dass die Bank nun die “fünf größten Krypto-Börsen” betreut.

Acht Ethereum-Mining-Pools, die etwa 30% der Hash-Power des Netzwerks ausmachen, haben sich zu einem Quasi-Kartell zusammengeschlossen, um sich gegen ein vorgeschlagenes Blockchain-Update zu wehren, das ihre Mining-Gebühren senken würde. Ethereum Improvement Proposal (EIP) 1559, das von Vitalik Buterin in Umlauf gebracht wurde, würde die Mining-Gebühren senken, um die Volatilität der Transaktionskosten zu reduzieren. Während größere Mining-Pools, wie BitFly, F2Pool und Sparkpool, dem Upgrade ambivalent gegenüberstehen, rufen kleinere Miner dazu auf, EIP 1559 zu verwerfen, so CoinDesk Tech-Reporter Will Foxley.

Vertrauen in den Fortschritt?

Grayscale Investments legt den Grundstein für das, was fünf neue Cryptocurrency-Trusts sein könnten, für Chainlink (LINK, +13,63%), Basic Attention Token (BAT, +11,5%), Decentraland (MANA, +28,53%), Livepeer und Tezos (XTZ, +9,09%). Vorläufige Papiere wurden vom “gesetzlichen Treuhänder” der Firma eingereicht, obwohl sie nicht garantieren, dass irgendeines dieser investierbaren Produkte das Licht der Welt erblicken wird, laut der Berichterstattung von Dan Palmer von CoinDesk. (Die Digital Currency Group besitzt sowohl CoinDesk als auch Grayscale).
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Krypto-Sweep

Die oberste Investitionsaufsichtsbehörde der US-Regierung hat eine Reihe von nicht registrierten Kryptowährungsunternehmen markiert, weil sie angeblich hauptsächlich internationale Investoren mit falschen Unternehmensinformationen düpiert haben. Von den 28 verdächtigen Investmentfirmen, die die US-Börsenaufsichtsbehörde (SEC) am Donnerstag aufrief, fand CoinDesk-Reporter Danny Nelson acht, die anscheinend auf Möchtegern-Kryptowährungsinvestoren abzielen.

Groß in Japan

Nach der Klage der US-Börsenaufsichtsbehörde (SEC) gegen Ripple sind die japanischen XRP-Anleger verwundert. Die Kryptowährung hat in dem Land als Überweisungstool an Zugkraft gewonnen, wird von einem der größten japanischen Finanzunternehmen, SBI, unterstützt und wird von Japans Wirtschaftsregulierungsbehörde als “Kryptowährung” betrachtet – und nicht als Wertpapier, wie es scheint. “Die Krypto-Community, so glaube ich, sieht dies als einen großen Schlag für sie und als eine Art Vorläufer für das, was in der Zukunft kommen könnte, dass andere Unternehmen auch anfällig sind”, sagte Mike Kayamori, Liquid Global CEO, gegenüber Sandali Handagama von CoinDesk.

In these days of lateralization, there are many predictions about the price of bitcoin for the rest of 2021.

One of them, made by analysts at JPMorgan Chase, was also reported on Bloomberg.

According to JPMorgan Chase’s team of analysts, bitcoin could be hurt in the coming days by an eventual exodus of those trend-following investors unless the price manages to get back above $40,000 soon.

In other words, there would be a threshold to be crossed in order for the sentiment to remain positive, so much so that it could also encourage further growth.

In a negative case a significant price decline is possible.

JP Morgan’s downward forecast on Bitcoin price

For the threshold to be exceeded, JPMorgan Chase analysts write in a note, BTC inflows into the Grayscale Bitcoin Trust would have to sustain the pace of $100 million per day in the coming weeks, as it is precisely the purchases of Grayscale customers and BTC price futures contracts that would be the basis of this trend.

In the event that the $40,000 threshold is not crossed, analysts speculate that the price of BTC will fall below the 50-day moving average, or to around $25,000.

This drop, should it occur, could be triggered by trend-following traders, who:

“could propagate last week’s correction.”

Additionally, Bloomberg writes:

“The boom in cryptocurrencies since March has reflected the exuberance of financial markets awash in stimulus – as well as concern about whether the gains will ultimately prove ephemeral.”

This scenario described by JPMorgan Chase seems to be decidedly bearish, while in reality sentiment in the crypto markets still seems to be bullish.

For example, Pantera Capital’s projection that hypothesizes bitcoin at $115,000 in August 2021 is gathering several supporters, such as the famous Didi Taihuttu who writes on Twitter:

“Crazy!!! Bitcoin target at $115,212 in August 2021.”

In fact, this projection was built on the stock-to-flow model of bitcoin, which is gathering more and more supporters thanks to the fact that in recent times it has provided fairly accurate indications of likely price movements.

However, the current phase of lateralization still remains shrouded in uncertainty, as there is no agreement at all between the forecasts of the various analysts.

Austrian Financial Market Authority presents interim report on new crypto regulations

One year after the licensing requirement for crypto service providers came into force, the Austrian Financial Market Authority presented an initial inventory.

The Austrian Financial Market Authority (FMA) published a press release on the current status on January 7th, one year after the mandatory registration for crypto service providers came into force at the beginning of 2020 .

Control of crypto service providers

To date, 40 applications have been made in connection with the tightening of anti-money laundering regulations for crypto exchanges , wallet operators and other crypto service providers, of which 18 have resulted in the issue of a corresponding license.

According to the FMA, the 18 registered companies are “mostly service providers who operate electronic wallets and exchange platforms”. The following comment by FMA board members Helmut Ettl and Eduard Müller makes it clear how important the top financial market supervisors in Austria treat the issue:

“The FMA pursues a clear zero tolerance approach in the area of money laundering and terrorist financing. Aware of the risks associated with virtual currencies, we closed another gap in the previous year and introduced the registration requirement for companies that are active in this area. “

The ongoing supervision of already registered companies will also be a focus of the FMA’s supervision in 2021, the two board members added.

The Bitcoin Up follows the “principle of proportionality”, according to the notification, to which the respective intensity of supervision will be adjusted. In addition to company size, their “business model and the associated risks of being misused for money laundering or terrorist financing purposes” are taken into account. Risk factors, such as the exploitation of anonymity, identifying and mitigating the concealment of the source of funds, would always be taken into account.

Similar legal situation in Germany

In Germany , too, crypto exchanges and custodians have been subject to a license requirement for around a year. Crypto values such as crypto currencies and security tokens were in the list of official financial instruments through an amendment by the end of 2019 been included . As a legal consequence, the existing regulatory provisions for financial instruments also apply to crypto values. On the state of current licensing informed the supervisory authority BaFin recently in December 2020th

NFL-spelare får $ 6,5 miljoner lön i Bitcoin

Russell Okung krävde lönebetalning genom Bitcoin 2019 och fick slutligen hälften av sina 13 miljoner dollar i BTC.

Russell Okung, som spelar för Carolina Panthers i American National Football League (NFL), meddelade att han äntligen har fått 50% av sina 13 miljoner dollar årliga avgifter i Bitcoin.

Okung blev den första spelaren i NFL som fick betalt i Bitcoin

Enligt det officiella tillkännagivandet konverterade Okung 6,5 miljoner dollar av sin NFL-lön till Bitcoin genom BTC-betalningsstart Zap. Okung har varit en stor anhängare av digital valuta när han twittrade i maj 2019 att han ville få betalt med världens största kryptovaluta.

NFL-spelaren svarade på sin egen tweet igår och meddelade att han äntligen har fått betalning i Bitcoin. Okung kritiserade US-dollarn och väckte oro över den stigande inflationen.

”När vi alla får betalt i Bitcoin kan ingen berätta för oss vad vi ska göra med det värde vi skapar. Om du tror att valen är riggade vänta tills du lär dig mer om den amerikanska dollarn. Du kan göra ‘x’ för ett år och se hur det sakta urholkar av inflation eller så kan du skydda dina hårt förtjänade pengar med Bitcoin, “nämnde Okung på Twitter.

Bitcoin i sport

NFL rensade att ligan inte betalade Okung direkt i Bitcoin, och han konverterade sin årslön till BTC genom en start. Trots anledningen till att American League inte bedriver betalningar direkt via Bitcoin har världens största kryptovaluta vunnit enorm popularitet bland idrottare runt om i världen. Jack Mallers, grundare av Zap, berättade i en intervju för Coindesk att idrottare från National Basketball Association (NBA) och Major League Baseball (MLB) diskuterar för att komma in i programmet.

Priset på Bitcoin har hoppat mer än 8% under det senaste dygnet och nått 28 500 dollar. Världens största kryptovaluta fick betydande värde i december och hoppade från $ 19.000 till $ 28.000 på mindre än fyra veckor. Det totala börsvärdet för kryptovalutor är nu över 750 miljarder dollar då BTC-dominansen korsade 70%, vilket är den högsta nivån på veckor.

Atari joins Enjin’s multiverse by creating NFT tokens for the relaunch of the “Kick Off” game

Atari advances in its incursion in the blockchain world by incorporating its IP to Enjin’s platform.

Renowned gaming company, Atari, announced a collaboration with the blockchain Enjin gaming ecosystem, which will integrate its iconic IP and licenses into the games within the Enjin multi-verse.

The first fruits of this collaboration, according to a December 10th blog post by the company, will be a range of non-expendable tokens, or NFT, for use in a new addition to the legendary football game franchise, Kick Off.

New platform helps developers tokenize their games at Ethereum
The original Kick Off was released in 1989 for Atari ST and Commodore Amiga, and was described in reviews at the time as the “best football game ever to appear on any machine”.

Developer eBallR Games is updating the series and entering the era of blockchain technology, with the next Kick Off Evolution, scheduled for release in the second quarter of 2021 in the Enjin multi-verse.

Enjin is an Ethereum-based platform that provides a range of tools for developers to easily integrate blockchain features into their games. The Enjin Multiverse is an ecosystem through which individual games created with Enjin can share assets Bitcoin Supersplit between game universes in the form of NFT.

Enjin seeks to attract developers of blockchain games with the Multiverse
Enjin’s business development director, Alex Russman, was enthusiastic about the partnership with Atari and said

“We are very excited about the partnership with Atari and its start with our latest Enjin Adopter, eBallR Games. Atari resonates with all ages, as a household name synonymous with games and their belief in blockchain shows the maturity of this technology and the tools now available”.
Atari has been advancing within the blockchain technology and blockchain game market lately. In March, it announced a similar collaboration with The Sandbox, licensing its classic IP for use within the Sandbox universe.

The gaming giant Atari will appear on The Sandbox’s next blockchain platform
The upcoming relaunch of the classic Atari VCS will feature blockchain technology as standard, as reported by Cointelegraph in September.

The company even announced and then launched its own token, ATRI, planned to provide a unified token for the blockchain gaming community. Unfortunately, after several setbacks during the sale, the price of the token plummeted by 70% once trading began.

Huobi launches a new crypto exchange in Malaysia

The new crypto trading platform Huobi Labuan is now starting a nine-month test phase.

Huobi Global, the Singapore-based crypto exchange of the Huobi Group, has had an unpleasant 2020 so far, which has recently become even more uncomfortable due to additional rumors about the trading platform.

On yesterday, November 27th, there was finally good news from Huobi, because a new crypto trading platform was launched under its name

The new crypto exchange called Huobi Labuan is independent of Huobi, but operates under their name and license. The new trading platform is specifically aimed at Malaysia, as a corresponding approval from the country’s supervisory authorities was already obtained in September 2020.

Initially, the platform is running a nine-month test phase during which cryptocurrencies and crypto derivatives can be traded for more than a dozen coins, including Bitcoin ( BTC ), Ether ( ETH ), EOS and the company’s own Huobi token.

Huobi Labuan uses the infrastructure of Huobi Cloud, which means that the crypto exchange can rely on Huobi’s proven trading technology for its services

As reported, Labuan is one of several new licensed Huobi platforms and offshoots. The main platform now has branches in Thailand , Argentina , Turkey and, via the strategic partner HBUS, also in the USA.

Although in many countries an increasingly stringent regulation of crypto trade takes place, Huobi builds nevertheless its own services further out , and tried himself to projects in the fields of Decentralized Financial Services (DeFi) and decentralized Internet from.

At the time of going to press, Huobi Global is the second largest crypto exchange in the world in terms of daily trading volume on the spot market and in derivatives trading .

$ 31,5 mio. Satoshi-Era Bitcoin kunne være til salg

Satoshi-æra bitcoin er blevet konsolideret i to bulk tegnebøger med i alt 2.050 BTC til en værdi af $ 31,5 millioner.

Konsolideringen kan være en forløber for, at disse årti-gamle mønter sælges på markedet.

Et massesalg på 2.050 BTC og stigende minerydning til børser kan udløse et betydeligt bitcoin-prisfald.

Vil du vide mere? Deltag i vores Telegram Group, og få handelssignaler, et gratis handelskursus og daglig kommunikation med kryptofans!

Trust Project er et internationalt konsortium af nyhedsorganisationer, der bygger standarder for gennemsigtighed.

Crypto Market Exchange ned

Et par samlede Bitcoin Era beløb til en værdi af $ 31,5 millioner, uberørt i ti år, kan muligvis snart blive solgt på markedet, da de nuværende prisforøgelser fortsætter.

Satoshi-æraens BTC-bevægelser fremkalder ofte betydelig opmærksomhed inden for kryptorummet. Normalt har fokus en tendens til at være at bestemme, om mønterne er en del af den stash, der udvindes af Bitcoins skaber i ‘ Patoshi-mønsteret .’

2.050 BTC rammer markedet snart?

Tweeting den 9. november afslørede Bitcoin-analytiker @murphsicles konsolideringen af ​​1.000 BTC (~ 15,5 millioner dollars) fra adresser, der har årti-gamle blokbelønninger. Data fra blockchain.com viser en sammenlægning af 50 BTC i coinbase-belønninger fra 20 forskellige adresser.

Før den første Bitcoin-halvering i 2012 tjente minearbejdere 50 BTC som en belønning for succesfuld minedrift af en transaktionsblok.

Som det ses på billedet nedenfor, har den enhed, der er ansvarlig for roll-up, også delt 1000 BTC-skatten i indfødte bech32 SegWit-adresser.

Satoshi-æraen Bitcoin på farten?

1.000 BTC batch-roll-up er den anden af ​​sådanne bevægelser på mindre end en uge. Tidligere i november blev en anden batch af Satoshi-æra-mønterbelønninger fra 21 adresser også flyttet til et konsolideret 1.050 BTC (~ $ 16 millioner) stash.

1.050 BTC-skatten har den unikke kvalitet af en adresse fra Patoshi-mønsteret. Lige så vigtigt er det faktum, at den samme adresse også vises i 1,1 millioner BTC Tulip Trust-dokumenter.

Há muito interesse aberto em futuros Bitcoin

O interesse aberto em contratos futuros de Bitcoin está atingindo regularmente US$ 5 bilhões por dia. Isso poderia ser um sinal de alta para o preço da Bitcoin.

 

  • O interesse aberto atual nos contratos futuros Bitcoin é relativamente alto.
  • Se os investidores estão apostando em ganhos de preço, isso é um sinal de alta para a Bitcoin.
  • A volatilidade devido às eleições nos EUA poderia ser baixa para a Bitcoin, no entanto, diz Messari.

De acordo com dados da Skew Analytics

De acordo com dados da Skew Analytics, o interesse aberto nos futuros da Bitcoin atingiu US$ 5,4 bilhões na terça-feira, 3 de novembro, aproximando-se de seu recorde histórico de US$ 5,7 bilhões. O valor diário de juros abertos permaneceu acima de US$ 5 bilhões durante a maior parte de duas semanas, indicando o interesse do investidor no ativo digital.

Os futuros são um tipo de derivativo Bitcoin no qual os comerciantes concordam em comprar um ativo no futuro a um preço pré-determinado; essencialmente, eles são um método de apostar se o preço subirá ou cairá, pois os comerciantes bem sucedidos embolsam a diferença entre o preço pré-determinado e o preço de venda real.

O interesse aberto é simplesmente o número de contratos derivativos que ainda não foram liquidados. Os contratos futuros se liquidam em algum momento no futuro, quando cada trader obtém o que quer. Liquidação física significa que o comprador recebe o ativo real, enquanto liquidação em dinheiro significa que eles recebem o valor em dinheiro desse ativo.

Embora o interesse aberto geralmente esteja correlacionado com o quanto os investidores estão interessados em um produto financeiro, é difícil saber ao certo se os compradores estão interessados no fracasso (curto) ou no sucesso (longo) do ativo.

De acordo com um relatório publicado hoje por Messari, “Macro Outlook”: Bitcoin and the U.S. Election”, a alta taxa de juros em aberto combinada com o aumento do preço da Bitcoin – ela passou de cerca de US$ 4.000 em março, já que a economia global quase fechou por causa da COVID para US$ 14.000 hoje – pode ser boa para a Bitcoin:

“O aumento dos preços durante uma tendência de alta enquanto o interesse aberto também está em alta pode significar que novo dinheiro está entrando no mercado (refletindo novas posições). Isto poderia ser um sinal de sentimento de alta se o aumento do interesse aberto estiver sendo alimentado por posições longas”.

Se essas são posições curtas, não tanto assim

Entretanto, o interesse aberto é apenas um ponto em muitos dados para a economia de ativos digitais. No mesmo relatório, Messari escreve que os resultados eleitorais – ou, mais precisamente, a incerteza sobre os resultados e seu significado – alimentam um possível caso de baixa para Bitcoin.

Se o Trump perder, o pensamento vai, ele terá pouco incentivo para elaborar uma lei de estímulo antes de deixar o cargo em meados de janeiro. Além disso, alguns investidores podem temer o efeito de um plano fiscal do Presidente Biden sobre os ganhos de capital.

Apesar disso, conclui Messari, “Embora a volatilidade possa aumentar no curto prazo devido à incerteza, o bitcoin surgiu como um macro ativo que agora está sendo mencionado seriamente no mundo corporativo e dos investimentos”.

Ripple XRP and Chainlink: The whales are accumulating

Recent data shows that the number of whales holding Ripple XRP has increased significantly. The same applies to Chainlink’s LINK cryptocurrency. Investors who hold large amounts of a cryptocurrency are called “whales” in the crypto sector.

The number of Ripple XRP whales is increasing

The number of these large investors has increased significantly for Ripple XRP since the Covid 19 pandemic. According to the data , the number of wallets in which 100,000 to 1 million Ripple XRP are stored has increased from about 14 thousand to over 17 thousand. That’s an increase of almost 20 percent. For wallets containing between 1 million and 10 million Ripple XRP, the increase was less than 2 percent, but it was visible. The large wallets in which more than 10 million Ripple XRP are stored also increased significantly. There were 29 whales added, which means an increase of over 10 percent.

Why do the whales buy Ripple XRP?

Ripple XRP is the cryptocurrency of the company Ripple Labs. In the last few years, after the peak in 2018, the cryptocurrency has lost much of its value, although Ripple Labs has been able to continuously expand its customer base. Since around 2019, the price of Ripple XRP has been moving sideways.

Why exactly the whales are buying Ripple XRP is of course not known, but it can be assumed that they see a good buying opportunity and potential. A great strength of Ripple XRP is the processing speed and the ability to send payments across borders. The whales may see the chance that Ripple XRP could one day serve as a bridge currency for the (presumably) upcoming state cryptocurrencies. Should that be the case, significant price increases could be expected.

What’s new at Chainlink?

Chainlink’s crypto currency LINK is also showing an improvement in price. In addition, the number of whales there has also increased. They bought over 34 million LINK tokens last year.

Chainlink is designed as a decentralized network. Smart contracts are linked to real-world data via the network. The network’s crypto currency LINK is used to pay for services in the network.

The price of the cryptocurrency reflects the interest in LINK and has risen to almost USD 11 since July 2019 (USD 5). Here, too, the investors apparently see potential, which should lie in the practical usability.

Satoshi Nakamotos Bitcoin-hvidbog: En 12-årig oversigt over robust ustruktureret enkelhed

Cryptocurrency-tilhængere overalt i verden fejrer det faktum, at der i dag er 12-årsdagen for Bitcoin-hvidbogen, et resumé af opfindelsen oprettet af den pseudonyme opfinder Satoshi Nakamoto.

Bitcoins opfinder offentliggjorde papiret på metzdowd.com’s Cryptography Mailing-liste, og lige siden har den finansielle verden ikke været den samme.

For 12 år siden besluttede Satoshi Nakamoto at lade verden komme ind på Bitcoin, det peer-to-peer-elektroniske kontantsystem, der tog verden med storm. Den allerførste gang Nakamoto offentliggjorde papiret, var kl. Eastern Standard, på metzdowd.com. Der er meget, vi ikke ved om Bitcoins opfinder, og til den dag i dag er den anonyme skabers identitet stadig ukendt. Vi ved dog, at Nakamoto var et legendarisk geni og kunne have været en enkelt person eller endda en gruppe mennesker.

Bitcoins opfinder valgte specifikt at offentliggøre papiret “Bitcoin P2P e-cash paper” på metzdowd.com hovedsageligt på grund af kryptografi-mailinglisten, en pipermail-meddelelsestjeneste, der blev drevet af en gruppe visionærer og cypherpunks.

Cypherpunks havde forsøgt at skabe pålidelige digitale penge siden 1990’erne, og flere eksperimenter som Wei Dais b-penge cirkulerede på meddelelsestjenesten. Vi ved også, at Satoshi skrev kodebasen til Bitcoin, før den berømte hvidbog blev offentliggjort.

Den 31. oktober 2008, på tærsklen til Halloween, skrev Satoshi:

Jeg har arbejdet på et nyt elektronisk kontantsystem, der er fuldstændig peer-to-peer uden nogen betroet tredjepart.

Systemet, som Nakamoto oprettede, har født en massiv modøkonomi til en værdi af næsten 400 milliarder dollars, bare i markedsværdien af ​​alle 7.000+ kryptokurver alene. Siden papiret først blev introduceret, er det blevet citeret 12.425 gange til dato og nævnt i titusinder af artikler i løbet af de sidste 12 år. Minus papirets citater, Bitcoin-hvidbogen er 3.457 ord i længden og består af 16.686 tegn eksklusive aritmetik.
Satoshi Nakamotos Bitcoin-hvidbog: En 12-årig oversigt over robust ustruktureret enkelhed
Uddrag fra Satoshis Bitcoin-hvidbog offentliggjort den 31. oktober 2008.

I slutningen af ​​papiret bruger Nakamoto udtrykket “vi” og understreger, at papiret er et forslag, der beskriver et system med elektroniske transaktioner “uden at stole på tillid.”

Nakamoto tilføjede:

Vi startede med den sædvanlige ramme af mønter lavet af digitale signaturer, som giver stærk kontrol over ejerskabet, men er ufuldstændig uden en måde at forhindre dobbeltforbrug. For at løse dette foreslog vi et peer-to-peer-netværk ved hjælp af proof-of-work til at registrere en offentlig historie med transaktioner, der hurtigt bliver beregningsmæssigt upraktisk for en angriber at ændre, hvis ærlige noder styrer et flertal af CPU-magt.

Satoshi Nakamotos Bitcoin-hvidbog: En 12-årig oversigt over robust ustruktureret enkelhed
Uddrag fra Satoshis Bitcoin-hvidbog offentliggjort den 31. oktober 2008.

Nakamoto kaldte derefter netværket “robust i sin ustrukturerede enkelhed.” På det tidspunkt, da Satoshi offentliggjorde hvidbogen, vidste naturligvis ingen, at den anonyme forfatter bogstaveligt talt udviklede den første arbejdsløsning til de byzantinske generalers problem.

Bitcoins skaber vidste, at det berygtede byzantinske generalers problem, noget der plagede computerforskere i årtier, blev officielt løst, og Nakamoto detaljerede denne kendsgerning i nogle af de tidligste meddelelser til samfundet.

Af alle de mystiske spor om Satoshis identitet er papiret et af de mest kortfattede økonomiske papirer, der nogensinde er skrevet. Hvidbogen er så godt udformet, at mange mennesker tror, ​​at den måske er skrevet af en anden person end den online persona, som folk kommunikerede med indtil december 2010.

Bortset fra spekulation giver papiret en klar definition af netværket og betragtes som en must-read for hver kryptokurrency-nybegynder, der slutter sig til modøkonomien.

Af en eller anden grund følte Nakamoto på Halloween-aften trangen til at fortælle verden, at der er behov for et elektronisk betalingssystem “baseret på kryptografisk bevis i stedet for tillid.” Dette vil igen give “enhver to villige parter mulighed for at handle direkte med hinanden uden behov for en betroet tredjepart.” Da centralbankerne skabte penge ud af luften, har behovet aldrig været mere klart.