itcoin is the first real embodiment of a concept called "cryptocurrency", which was first described in 1998 by Wei Dai in the cypherpunks mailing list.
Dai first introduces the idea of a new type of money that uses cryptography to control its creation and transfer instead of a central government performing these functions.
The first description of Bitcoin, as well as proof that such a system works in practice, was first published in 2009 in a mailing list dedicated to cryptography.
The author is Satoshi Nakamoto. Satoshi left the project at the end of 2010 without revealing much about himself. Since then, the Bitcoin community has grown exponentially, with many developers currently working to develop the Bitcoin protocol.
Satoshi’s original idea for the cryptocurrency Bitcoin came to light through Satoshi’s famous White Paper, entitled Bitcoin: P2P Electronic Monetary System. It outlines Bitcoin’s mission, the reasons that led Satoshi’s team to create it, and the potential applications.
Satoshi’s anonymity contributes to unfounded concerns, most of which are related to a lack of understanding of the “open-source” nature of Bitcoin.
The Bitcoin protocol and software are in the public domain, and any developer around the world can read the code and make their own modified version of Bitcoin software.
Like current Bitcoin developers, Satoshi only introduced code changes if they were acceptable to all participants in the network, and in that sense he had no “control” over Bitcoin. In this sense, the identity of the creator of Bitcoin is as important as that of the creator of the paper.