Most of you will be familiar with Bitcoin and its logo. Bitcoin is the most popular cryptocurrency and it is also known as the ‘king of cryptocurrency’. But do you know the history of Bitcoin’s logo? Many of you may not familiar with that. Most of you have only ever known Bitcoin by its current logo. Let’s discuss the history of that white, double striped “B” superimposed on an orange circle.
The Evolution Of Bitcoin’s Logo
Satoshi Nakamoto, the creator of Bitcoin itself created the famous logo of Bitcoin. The orange coin has become an internationally-recognizable symbol. On February 24, 2010, he introduced a new logo. It resembles Bitcoin with a gold coin.
But the difference between the new symbol and the old Bitcoin logo is that the symbol inscribed in the middle had two vertical strokes and, unlike the Thai baht, these strokes did not cut clean through the ‘B’ they only stuck out of its top and bottom and did not cross through the middle of the letter.
Creator of Bitcoin’s Logo
As mentioned above, the creator of Bitcoin and its logo are the same person. He is Satoshi Nakamoto and is believed that he is Japanese. Satoshi Nakamoto is well known for inventing bitcoin implementing the first blockchain, and deploying the first decentralized digital currency.
His scientific career mainly focuses on Digital currencies, computer science, and cryptography. Satoshi created Bitcoin in 2009 and it is the first currency that makes transactions without a middle man. That is, Bitcoin is the first decentralized currency. Bitcoin exchanges allow people to buy and sell bitcoin with different currencies.
A New Logo from “Bitboy”
On November 1, 2010, forum user, “Bitboy” shared a new logo for the new era. He designed a new Bitcoin logo. A white Bitcoin symbol, “B” stuck out of its top and bottom and did not cross the middle of the letter placed in an orange coin. The logo is also rotated clockwise, 14 degrees. This was effective, the most recognizable Bitcoin logo. Bitboy transformed the original concept of Satoshi into a more readable and scalable logo.
The logo of Bitcoin is not copyrighted yet. It itself is free to use for both commercial and non-commercial use. The modified versions may be copyrighted in the future and in fact, the official logo was released under the public domain license, the most permissive of the Creative Commons licenses. The word ‘bitcoin’ is registered With the Spanish Patent and Trademark Office. Acting through a lawyer, an anonymous person has protected the word ‘bitcoin’ at the national level. Even though Bitboy introduced a new logo in 2010, the founder of Bitcoin’s logo is always considered as the pseudonymous Satoshi Nakamoto.