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The first block of the blockchain of the decentralized payment system Bitcoin, called the Genesis block, is established by the creator of the system, Satoshi Nakamoto.
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Payment system
System used to settle financial transactions through the transfer of monetary value
A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that make its exchange possible. A…Source: Wikipedia (CC BY-SA)
Bitcoin
Decentralized digital currency
Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its…Source: Wikipedia (CC BY-SA)
Satoshi Nakamoto
Pseudonym of the designer and developer of Bitcoin
Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first…Source: Wikipedia (CC BY-SA)
January 3
Day of the year
January 3 is the third day of the year in the Gregorian calendar; 362 days remain until the end of the year.Source: Wikipedia (CC BY-SA)