History of Bitcoin Flashcards
1
Q
In what year did the creation of Bitcoin being?
A
2007
2
Q
Who is the creator of Bitcoin?
A
Satoshi Nakamoto
3
Q
Date when Bitcoin whitepaper published?
A
10/31/2008
4
Q
What problem does Bitcoin solve?
A
Double spending.
5
Q
What is double spending?
A
An attack where a given set of funds is spent twice.
6
Q
When did the 1st Bitcoin transaction take place?
A
1/2009
7
Q
Who was the 1st Bitcoin transaction between?
A
Satoshi Nakamoto & Hal Finney.
8
Q
When did Bitcoin’s market cap reach $1 Million?
A
11/2010
9
Q
When was Bitcoin’s 1st major bubble?
A
6/2011
10
Q
When was the Bitcoin Foundation launched?
A
9/2012
11
Q
What is the Bitcoin Foundation?
A
Implementing core development team and oversee the digital currency.
12
Q
When did Bitcoin’s market cap reach $1 Billion?
A
3/2013
