21 BTCThe Bitcoin Faucet
In plain words
11 Jun 2010: Gavin Andresen launches a website that gives away 5 BTC per visitor, stocked with 1,100 BTC, so newcomers can try Bitcoin.
What happened
Gavin Andresen launches a website that gives away 5 BTC per visitor, stocked with 1,100 BTC, so newcomers can try Bitcoin.
People: Gavin Andresen.
See also
- Gavin AndresenGavin Andresen: Early developer; ran the Bitcoin Faucet, led the project after Satoshi. Gave away free bitcoins through his Faucet in 2010 so newcomers could try Bitcoin. In December 2010 he started managing the project “with Satoshi's blessing”, and Satoshi's last email said the project was “in good hands with Gavin and everyone”.
- Satoshi (unit)A satoshi, or sat, is the smallest amount of bitcoin: one hundred-millionth of a coin. 1 BTC = 100,000,000 sats.
- Gavin AndresenGavin Andresen: Early developer; ran the Bitcoin Faucet, led the project after Satoshi. Gave away free bitcoins through his Faucet in 2010 so newcomers could try Bitcoin. In December 2010 he started managing the project “with Satoshi's blessing”, and Satoshi's last email said the project was “in good hands with Gavin and everyone”.
References
- bitcointalk.org bitcointalk.org