Who created blockchain?


Blockchain is the backbone of digital or cryptocurrency, Bitcoin. It’s an innovative but risky invention. The technology creates an incorruptible public ledger, which is among users of Bitcoin. Though, the ledger is visible to all the users but it cannot be reversed or copied. This particular feature of this young technology not only makes it unique but also remarkable.

Who created blockchain?

Even though Blockchain the future of cashless economy, there is no one to take the credit for its invention. While launching the concept of Bitcoin, the alias used was by the name of Satoshi. The doubt still exists whether it was a single person or a group of people who executed the idea. The first mention of this technology was in the whitepaper “A Peer-to-Peer Electronic Cash System” published by Satoshi Nakamoto in 2008.

Inventor of Blockchain Technology

Magazines and newspapers published various articles on the real identity of Satoshi Nakamoto. In 2015, newspapers such as Gizmodo and Wired wrote an article stating Satoshi as Craig Wright. He was an Australian entrepreneur but later there was no definitive proof to support that conjecture.

Who created blockchain?

Thus, for now the world knows only one name behind this revolutionary concept of Blockchain technology i.e. Satoshi Nakamoto. It’s probably because of the damage this technology can do to him; he has been hiding his real identity.

Blockchain technology is definitely a powerful way of making online transaction but a little young at this stage now. Thus, the idea can be dealt in a responsible manner. has to be harnessed in a way that all the risk associated with it can be  Currently, Bitcoin’s value is close to $9 billion US and is expected to grow in coming years. We all will have to wait and see if this technology would continue for long in the coming years.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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