Domain purchases under AnonymousSpeech around similar timelines revealed the creation of Netcoin.org on Aug. 17, 2008 — just a day previous to the creation of Bitcoin.org.
Coming up with a good name is often one of the most thought-provoking decisions one needs to make when launching a new service or business. Historical data of domain name purchases suggest that Satoshi Nakamoto, the creator of Bitcoin (BTC), had a different naming option in mind that did not make it to the whitepaper.
Bitcoin.org, the website domain linked to the original Bitcoin, was created on Aug. 18, 2008, under AnonymousSpeech, a service in Japan that permitted users to buy domain names anonymously. Domain purchases under AnonymousSpeech around similar timelines exposed the creation of Netcoin.org on Aug. 17, 2008 — just a day prior to the creation of Bitcoin.org.
After additional research, crypto locksmith Or Weinberger confirmed that no content was ever present on the Netcoin.org domain “except only after it was repurchased by another person later on.”
The choice to stick with Bitcoin may have been crucial to its success due to the fact that numerous members of the crypto community emphasized their dislike for the name Netcoin, as one stated:
“That’s interesting. I’m glad they stuck with Bitcoin, sounds way better.”
The finding further helps Bitcoin detach itself from the people that have previously claimed to be Satoshi Nakamoto. The Netcoin.org domain was later deleted and re-registered to a subsidiary of Web.com in 2010.
In spite of the mysteries behind the creation of Bitcoin, the asset continues to dominate the financial markets. BitPay approves this notion as its data showed Bitcoin to be a major payment tool despite huge price volatility.
Speaking to Cointelegraph, BitPay’s vice president of marketing Merrick Theobald stated that the sales volumes of Bitcoin-based payments on BitPay accounted for as much as 52% in the first quarter of 2022.
Leave a Reply