Enthusiasts are still creating new logos for Bitcoin, but the BTC community has yet to find a symbol that comes close to the beloved orange.
The bright orange Bitcoin (BTC) logo has, for over a decade, become synonymous with financial freedom amid the modern recession and strict government oversight. However, unlike the mysteries surrounding the origin of BTC, the development of the Bitcoin logo is well documented in the depths of the Internet.
BTC Logo History
When BTC was introduced 13 years ago by its creator Satoshi Nakamoto, the first iteration of the Bitcoin logo depicted a gold coin with “BC” text embedded in the center.
However, on February 24, 2010, Nakamoto introduced a new Bitcoin logo, replacing the “BC” text with the current symbol, a “B” with two vertical lines through it, embedded in the gold coin.
Based on community feedback, Satoshi made changes to the new logo and released the copyright-free images into the public domain. The logo became accepted as the official Bitcoin logo for a short time.
The decentralized nature of the Bitcoin ecosystem allows the general public to contribute to the Bitcoin network in a variety of ways based on community consensus, including logo design. On November 1, 2010, a member of the Bitcoin community, bitboy, published a new iteration of the Bitcoin logo based on Satoshi’s design. However, this time the designer chose to replace the gold coin with the iconic orange circle and tilted the BTC logo 14% clockwise.
As a result of overwhelming community support, the bitboy design has remained the official Bitcoin logo for the past 12 years. After publishing the final version of the Bitcoin logo, bitboy stated that, “Now everyone can use the graphics freely, even for commercial purposes with this license and without any restrictions.”
Enthusiasts continue releasing new logos for Bitcoin to date, but the BTC community has yet to come across a symbol that comes close to the beloved orange.
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By Audy Castaneda