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==History==
==History==
On the evening of January 3, 2009, a person going by the name of Satoshi Nakamoto released [[Bitcoin]], the first-ever cryptocurrency. This [[Bitcoin]] system he had single-handedly created was composed in all of about thirty-one thousand lines of code. <ref>http://www.newyorker.com/magazine/2011/10/10/the-crypto-currency</ref> This new [[Bitcoin]] met with some success, and before long there were other cryptocurrencies being created. Many of these use a similar base to that of [[Bitcoin]], including [[LiteCoin]].
On the evening of January 3, 2009, a person going by the name of Satoshi Nakamoto released [[Bitcoin]], the first-ever cryptocurrency. This [[Bitcoin]] system which had been single-handedly created by him was composed in all of about thirty-one thousand lines of code. <ref>http://www.newyorker.com/magazine/2011/10/10/the-crypto-currency</ref> The new [[Bitcoin]] met with some success, and before long there were other cryptocurrencies being created. Many of these use a similar base to that of [[Bitcoin]], including [[LiteCoin]].
==How it works==
==How it works==
===[[proof-of-work|Proof-of-Work]]===
===[[proof-of-work|Proof-of-Work]]===