Hungary has unveiled the statue of Bitcoin founder Satoshi Nakamoto. The imposing bronze statue was unveiled in Hungary’s capital, Budapest. This is the first such statue across the world to pay homage to the creator of Bitcoin digital currency. It has been constructed in a business park near the Danube River in Budapest. The bust sits atop a stone plinth and is also engraved with the name of Satoshi Nakamoto, who is the pseudonym of the mysterious developer of Bitcoin whose true identity is still unknown.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Creators of the statue:
Statue has been created by Reka Gergely and Tamas Gilly. They have portrayed a human form and have stayed true to the anonymity of Nakamoto, the person nobody knows how do they look like.
About the Bitcoin:
Bitcoin was created in 2008 in the backdrop of global financial crisis. Its aim was to circumvent traditional financial institutions by means of developing secure technology for peer-to-peer online transactions. It does not involve intermediaries like banks. The founding white paper published in 2008 and was authored by Nakamoto.
Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in the competitive…
India has many cities that are famous for their unique industries, and some of them…
Some deserts are extremely hot, but some remain cold throughout the year. These cold deserts…
In today’s world, news media plays a very important role in sharing information quickly and…
PNB Housing Finance has announced the appointment of Ajai Kumar Shukla as its new Managing…
In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE,…