Known about Bitcoin’s “founding fathers”

Bitcoin was not a truly decentralized cryptocurrency initially, as only 64 people were actively mining at the start of the project. The “founding fathers” of cryptocurrencies are mentioned in: Research Scientists from USA and Austrian universities.

The researchers analyzed data from the early days of cryptocurrencies and found that mining resources were “highly centralized” at that time. To them, it was a system supported by a small minority.

The scientists studied the period from 2009 to 2011. It turned out that 64 crypto money holders issued 2,676,800 bitcoins in those years. At today’s exchange rate, that’s about $84 billion, or about 5 trillion rubles.

The researchers also noted that early adopters of cryptocurrencies can use cryptocurrencies to their advantage by carrying out attacks to steal tokens. According to them, the “founding fathers” avoided such destructive behavior to protect bitcoin’s reputation as a secure and anonymous payment method.

It was previously reported that there are more than 46,000 victims of crypto scammers since the beginning of 2021. loss More than 1 billion dollars (about 61.9 billion rubles).



Source: Gazeta

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