Who invented Bitcoin?


Quick Answer

Satoshi Nakamoto is acknowledged as Bitcoin's creator. However, this may be the name for a group of people rather than an individual, suggests the New York Times. In October 2008, Nakamoto published a paper detailing the procedures involved in the Bitcoin peer-to-peer electronic cash system.

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Full Answer

Although Nakamoto is identified as the inventor of Bitcoin, he chose to remain anonymous and left the project at the end of 2010, according to Bitcoin.org. Bitcoin software and protocol are published openly, allowing any user to make changes in his own version of the software. That the Bitcoin marketplace was established in January 2010.

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