The use of cryptocurrencies on the Dark Web
An anonymous digital currency has been a concept since at least 2008. The domain name bitcoin.org was registered on August 18, 2008. An article titled Bitcoin: A Peer-to-Peer Electronic Cash System appeared later that year, on October 31, posted to a cryptography mailing list. A P2P network can be used to construct a system for electronic transactions without depending on a central authority, according to a paper written by a person using the supposed pseudonym Satoshi Nakamoto. The first Bitcoins were mined by Nakamoto on January 3, 2009, giving rise to the Bitcoin (BTC) technology (Bernard and Kay, 2021).
Introduction to cryptocurrencies
One of the most lasting mysteries of Bitcoin is the real identity of its founder. Over the years, several people have said that it is Satoshi Nakamoto. Bitcoin’s founder remains unknown until this day, and little is known about him. It is believed that his last email communication was in April...