Bitcoin is 10 years old!
On October 31, 2008, a Satoshi Nakamoto published a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” The 9-page long PDF document described the first ever cryptocurrency operating on a peer-to-peer network, without relying on any financial institution. The world’s first genuine decentralized monetary system was born.
For Bitcoin, it’s been a long journey full of ups and downs. The first real-world bitcoin transaction took place in 2010, when Laszlo Hanyecz bought two pizzas for 10,000 BTC in Florida. Within 7 years, its value has risen by 2 million percent.
Now there are over 2,000 cryptocurrencies in circulation. They penetrate various industries, and many of them are tailored for specific purposes. The gaming industry has its own Bitcoin—the MGO token.
Here’s why it isn’t an ungrounded claim. Thanks to Xsolla, MGO is now available for use in more than 500 games, with more than 500 million players getting the chance to purchase titles and or in-game items. Developers can get royalties in MGO in as little as 60 hours, with payment requests being processed three times a week. The collaboration is supposed to send shock waves through the crypto world, making MGO the most adopted alternative coin in the world.
And this is only the beginning of MGO’s long and fruitful journey. Its ultimate goal is to become a universal currency for the 2.6 billion gamers worldwide, increase levels of fairness in tournaments, reduce fraud, and make it easier for players to receive their funds without endless hoops or high commission fees. The MGO inspired revolution has already begun, and the rest will be history.
On October 31, 2008, a Satoshi Nakamoto published a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” The 9-page long PDF document described the first ever cryptocurrency operating on a peer-to-peer network, without relying on any financial institution. The world’s first genuine decentralized monetary system was born.
For Bitcoin, it’s been a long journey full of ups and downs. The first real-world bitcoin transaction took place in 2010, when Laszlo Hanyecz bought two pizzas for 10,000 BTC in Florida. Within 7 years, its value has risen by 2 million percent.
Now there are over 2,000 cryptocurrencies in circulation. They penetrate various industries, and many of them are tailored for specific purposes. The gaming industry has its own Bitcoin—the MGO token.
Here’s why it isn’t an ungrounded claim. Thanks to Xsolla, MGO is now available for use in more than 500 games, with more than 500 million players getting the chance to purchase titles and or in-game items. Developers can get royalties in MGO in as little as 60 hours, with payment requests being processed three times a week. The collaboration is supposed to send shock waves through the crypto world, making MGO the most adopted alternative coin in the world.
And this is only the beginning of MGO’s long and fruitful journey. Its ultimate goal is to become a universal currency for the 2.6 billion gamers worldwide, increase levels of fairness in tournaments, reduce fraud, and make it easier for players to receive their funds without endless hoops or high commission fees. The MGO inspired revolution has already begun, and the rest will be history.
Thanks for info! Time to celebrate this with Halloween
Celebrate 10th anniversary of bitcoin or the success of MGO ?
