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Topic: History of Cryptocurrency - page 2. (Read 390 times)

legendary
Activity: 3676
Merit: 1495
September 08, 2023, 03:59:10 PM
#8
Laszlos pizza-deal wasn't the first transaction.
LTC wasn't the first altcoin.
MtGox wasn't the first exchange.

Seems to me like some made up history.
Where did you do your research?
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
September 08, 2023, 03:44:32 PM
#7
Except for the BTC, nothing was surprising at all, Every category and market development in the Crypto space caused many issues and crises except for the BTC even though I think BTC suffered most of the time due to the other aspects of the market and for now the suffering is due to the NFT's as we are getting meme pool filled up with these shit Ordinals of no use. On the name of the digital ART, it's really damaging the Bitcoin network. Anyway, narratives keep changing with time less wait and watch.

The project of this paper, when carried out, will tell a new story of cryptocurrencies: tks1ing.blogspot.com

A new story lets see.. For now, I just looked over what is it.. My pre-reading reaction is haha Buddy chooses heavy words as compared to the actual reality of it.
legendary
Activity: 2744
Merit: 1878
Rollbit.com | #1 Solana Casino
September 07, 2023, 01:58:29 PM
#6
-snip-
El Salvador's Adoption of Bitcoin (2021)
An astonishing international development occurred when El Salvador announced its decision to legalize Bitcoin as an official currency. This decision stood in stark contrast to several major countries that were implementing restrictions or even outright bans.
There is recent news about the development of Bitcoin in EL Salvador.
Currently, it is not only in the payment sector that is legalized, but Bitcoin will be applied to El Salvador's education curriculum.

"El Salvador's Ministry of Education and the non-governmental non-profit organization Mi Primer Bitcoin (MPB), which means "My First Bitcoin," have reportedly entered into a partnership to add Bitcoin BTC education to the public school curriculum by 2024"

Training for the pilot test of the program will begin on September 7, which means it started yesterday.
With help from Bitcoin Beach, the Bitcoin diploma program will be taught to 150 public school teachers from 75 schools to give them "Basic Knowledge" of Bitcoin.

The program will be very beneficial for students to be more aware of how Bitcoin works and they have a foundation of Bitcoin before using it.

Source: https://cointelegraph.com/news/el-salvador-to-introduce-bitcoin-education-in-schools-by-2024
hero member
Activity: 1470
Merit: 558
dont be greedy
September 07, 2023, 12:48:15 PM
#5
I'd like to add a few points that, in my opinion, are noteworthy in Bitcoin's history.

Bitcoin's First Halving (2012)
This marked a significant cycle that had a profound impact on the Bitcoin network, as it reduced the block reward by 50%. During the first halving in November 2012, the block reward for BTC was halved from 50 BTC to 25 BTC. However, during this first halving, the price of Bitcoin didn't experience significant changes until, eventually, at the end of 2017, its price underwent a drastic shift. It was a truly surprising moment.

El Salvador's Adoption of Bitcoin (2021)
An astonishing international development occurred when El Salvador announced its decision to legalize Bitcoin as an official currency. This decision stood in stark contrast to several major countries that were implementing restrictions or even outright bans.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
September 07, 2023, 06:12:16 AM
#4
This seems to be a trivia thread and with everything that's first, don't forget about the very first Bitcoin faucet[1] made by Gavin and it was posted here and a lot of Bitcoins were given during that time.

But, of course it wasn't priced that much so giving them was easy and those who have kept it and sold on a higher price were the winners. And look at that thread, the bitcoin pizza, laszlo was the first in the comments and also our hero, satoshi.  Grin

[1] Get 5 free bitcoins from freebitcoins.appspot.com
hero member
Activity: 952
Merit: 555
20BET - Premium Casino & Sportsbook
September 07, 2023, 06:06:09 AM
#3
First Bitcoin:

We can also make an addition of the first bitcoin transaction made by Satoshi Nakamoto to Hal Finney, this together with the history of bitcoin pizza remain unforgettable in the history of bitcoin in cryptocurrency.

First Exchange:[/b]
Mt. Gox was the first exchange

They are no where to be found today, there are many accusations base on the account of scam on them which they took part, people now hold their coins on a non custodial wallet and avoid the use of a  custodial means to store their bitcoin.

Initial coins (ICO’S):

This does not include in the bitcoin network, but we have them on other cryptocurrencies.

Defi and Nft’s:

We also needs to be informed that they exist in altcoins but the rate of their scam is far bigger than the advantage and benefits they served us, because scam rate in them are high.
hero member
Activity: 2366
Merit: 838
September 07, 2023, 05:58:04 AM
#2
First Bitcoin:
The most well-known currency(BTC) was created in 2009 known as the famous Bitcoin Pizza Day witnessed by the first Bitcoin. The whitepaper “A Peer to Peer Electronic Cash System”  laid out the blueprint for a decentralized currency system that reeled on blockchain on January 3, 2009.
First bitcoin on its public ledger and transaction history, is it what you want to write about. Because the transaction of 10,000 BTC  for 2 pizzas happened a long time after the Bitcoin genesis block.

Pizza for bitcoins?
That trade was done with this transaction https://blockchair.com/bitcoin/transaction/a1075db55d416d3ca199f55b6084e2115b9345e16c5cf302fc80e9d5fbf5d48d at the block #57,043, the block #0 or #1.


jr. member
Activity: 40
Merit: 15
September 07, 2023, 05:20:19 AM
#1
The history of Cryptocurrency is a journey that started with the creation of Bitcoin(BTC) which is most well-known digital coin Basically the idea of creating a digital currency was explored by computer scientists and a cryptographic hey introduced the concept of digital money in 1980.

First Bitcoin:
The most well-known currency(BTC) was created in 2009 known as the famous Bitcoin Pizza Day witnessed by the first Bitcoin. The whitepaper “A Peer to Peer Electronic Cash System”  laid out the blueprint for a decentralized currency system that reeled on blockchain on January 3, 2009.

First use of BTC:
First-time Bitcoin(BTC) is used by Small community and tech enthusiasts. The first transection is took place on 10 May 2010 when the programmer paid 10000 BTC in the exchange of 2 pizzas. After BTC the second most popular cryptocurrency appear known as Ethereum was proposed by the programmer in 2013 and launched in 2015.

Altcoins:
The success of Bitcoin created a new way for the creation of other alternative currencies which are known as altcoins in these days the altcoin Litecoin (LTC) launched in 2011 was the first altcoin in the crypto.

First Exchange:

Mt. Gox was the first exchange where Bitcoin’s selling and purchasing started but the Mt. Gox exchange gated hack and caused a lot of BTC loss and raised concerns about the security of the exchange.

Initial coins (ICO’S):
The concept of an initial coin offering is as a funding method it is use to sell new cryptocurrency in the exchange of the already established currency like BTC or ETH that method boosts the creation of new altcoins.

Defi and Nft’s:

2020 is the rising year of decentralized finance which creates the traditional finance by using Blockchain technology
Many central banks are developing their own central digital currency. Cryptocurrency continually enveloping the new technology advancement cause of the new users and the developing technology





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