2008, Somewhere Online: Satoshi Nakamoto invents Bitcoin, a digital cryptocurrency set to change the rules of how people exchange money forever.
First emerged online, as a blockchain application, Bitcoin is based on a decentralised ledger kept running by “miners” whose powerful computers crunch transactions and are rewarded in bitcoins. To put it more simple, Bitcoin is a digital currency that provides private anonymous transactions through a unique peer-to-peer payment protocol with private anonymous transactions.