In 2008, at the height of the global financial crisis, an anonymous figure named Satoshi Nakamoto proposed Bitcoin, a groundbreaking electronic cash system.
Welcome to the History of Crypto, a Cointelegraph series that brings readers back in time to the most significant events in the crypto space. Powered by Phemex, the timeline allows crypto community members to explore and look back at the important events that shaped the industry into what it is today.
This article explores the pivotal years from 2009 to 2012, focusing on the global context and challenges when the enigmatic and pseudonymous Satoshi Nakamoto made their appearance. The journey starts from the creation of the Bitcoin protocol and continues by outlining other significant milestones in the early days of the digital currency space and the emergence of alternative coins, commonly known as altcoins.
