WeekInTime Issue 44: Gen Bit

Satoshi Nakamoto creates Block 0 on the Bitcoin blockchain in 2009

The first block appeared with a note. “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” It had been months since the groundbreaking white paper first appeared, which proposed a new decentralized peer-to-peer payment system made up of blocks of transactions. It was clear that this new system was designed to shake the foundations of…