The name Satoshi Nakamoto first appeared in a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" in 2008, which outlined the technical framework and underlying principles of Bitcoin. The paper was released under the name Satoshi Nakamoto and was later followed by the launch of Bitcoin in 2009. Satoshi Nakamoto was involved in the development of Bitcoin until 2011 when he handed over control of the project to other developers and disappeared from public view. Attempts to uncover the true identity of Satoshi Nakamoto have been unsuccessful, leading to various speculations and theories about who may be behind the pseudonym.

We know that most likely, bitcoin in the future will be worth a lot more than bitcoin now. But this information is useless if you lose your bitcoin. Either you fall victim to a scam or you just misplaced your seedphrase. So how do we ensure that we can hold on to our bitcoin so that we can perhaps one day, enjoy the money (and possibly gains) that we worked so hard for?

So you're telling me I have to write down this random assortment of 12 or 24 english words and never show them to anyone and that list of words will secure my entire fortune? Yeah, you pretty much got it. Today we're exploring how bitcoin wallets work and the wonderful technology that is HD Wallets and BIP-39.