Bitcoin is currently trading at over $1250 and if you are someone who invested a grand in bitcoins back in 2011, your investments are potentially worth over $600K. The most valuable contribution of the bitcoin community is not in the financial returns itself, but in the introduction of blockchain technology.
Blockchain is a peer-to-peer (P2P) distributed ledger technology that enables transparent transactions. Satoshi Nakamoto’s pioneering work in using Proof-of-Work (POW) for solving the double spending problem sparked a worldwide interest in the field of distributed, trustless consensus systems. Although POW is not a new idea, the way Nakamoto utilized it