Satoshi Nakamoto’s Historic Email Turns 16: Details

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U.Today – There are few historic moments in the world of cryptocurrencies like the first email exchange between Satoshi Nakamoto and Adam Back. Exactly 16 years ago, on August 20, 2008, Satoshi Nakamoto contacted Adam Back, the inventor of Hashcash, to discuss the revolutionary idea that would eventually become .

According to Bitcoin historian Pete Rizzo, this email was the first recorded communication between Satoshi Nakamoto and Adam Back regarding Bitcoin.

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The entire email thread, spanning five emails exchanged between Hashcash creator Adam Back and Bitcoin creator Satoshi Nakamoto, was revealed after being filed in official UK court documents in February this year.

Satoshi Nakamoto sent Adam Back the first email on this day 16 years ago about Bitcoin, four months before its official launch. A day later, on August 21, 2008, Adam responded, suggesting that Satoshi investigate a paper titled “B-money” by Wei Dei. Dei was a well-known cryptographer working on digital cash and is an often cited candidate for Satoshi.

Satoshi and Back later exchanged correspondence in a third and fourth email. In the third email, Satoshi thanks Adam and discusses the B-money idea. In the fourth email, Adam apologizes for not reading the Bitcoin whitepaper, and then directs Satoshi to another document called “Micromint.”

The last email was sent on October 1, 2009, in which Satoshi again thanked Back and informed him of the official release of the Bitcoin software. According to Adam’s public statements, he will not look at Bitcoin again until behind schedule 2012.

Bitcoin price bounces back

Cryptocurrencies continued their rebound that began in Monday’s trading session following Sunday’s decline, with bitcoin surpassing $61,000 during Tuesday’s trading session.

The price of the largest cryptocurrency by market capitalization was recently up 2.78% to $60,541, according to CoinMarketCap, surpassing the $56,000 level it held for most of this year.

rose 2% to $2,640, while several cryptocurrencies are also trading in the green. Dogwifhat’s WIF token is up 17%, while PEPE is up 11% in the past 24 hours.

This article was originally published on U.Today

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