Who invented blockchain?
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Stuart Haber and W. Scott Stornetta invented the blockchain data structure in 1991, publishing a design for cryptographically chained, tamper-evident records in the Journal of Cryptology. Satoshi Nakamoto later invented the first decentralized blockchain by combining their design with proof-of-work in the 2008 Bitcoin whitepaper - which cites Haber and Stornetta's work directly.
Who is the father of blockchain?
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Stuart Haber and W. Scott Stornetta are most often called the fathers of blockchain because they created the chained-block design in 1991. Satoshi Nakamoto is best described as the father of decentralized blockchain and cryptocurrency, having added the consensus mechanism that removed the need for a trusted operator.
When was blockchain invented?
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The blockchain data structure was invented in 1991, when Haber and Stornetta published 'How to Time-Stamp a Digital Document'. It was upgraded with Merkle trees in 1992, deployed commercially by their company Surety in 1994-1995, and became a decentralized technology on January 3, 2009, when the Bitcoin network launched.
Did Satoshi Nakamoto invent blockchain?
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Not the underlying data structure - that was published 17 years before Bitcoin. Satoshi Nakamoto invented the first decentralized blockchain by combining chained timestamping (Haber-Stornetta), Merkle trees (Merkle), and proof-of-work (Back) into a peer-to-peer system with no trusted party. The Bitcoin whitepaper itself cites these predecessors; the word 'blockchain' never appears in it.
What was the first blockchain?
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The first cryptographic chain of blocks was Haber and Stornetta's timestamping system, commercialized through their company Surety, which has published its hash in The New York Times weekly since 1995. The first decentralized blockchain was Bitcoin, launched on January 3, 2009. Which one is 'first' depends on whether a trusted operator disqualifies a chain from being a blockchain.
What is the oldest blockchain still running?
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By starting date, Surety's timestamping hash chain (1995) is the oldest, still printing its weekly hash in The New York Times. Among decentralized public blockchains, Bitcoin (January 2009) is the oldest, having run continuously without downtime for more than 15 years.