Lhe history of Bitcoin is marked by great events and happenings that have left a clear mark on the crypto community. But not only that, the community has evolved and changed so much in the last 11 years that it has given rise to unique events that we will tell you about below.
Presentation of the Bitcoin Whitepaper
Was 31 October 2008When Satoshi Nakamoto an anonymous creator presented the whitepaper "Bitcoin P2P e-cash paper". Since then, the history of the world would change forever, and on October 31 of each year we will celebrate another anniversary of the launch of the document that would change the financial reality of the world forever.
Genesis Block, the birth of Bitcoin
El January 3 2009, the first bitcoin block is successfully mined, the well-known Genesis Block and that it would give the true beginning of Bitcoin as a cryptocurrency, a functioning that has remained uninterrupted until today, demonstrating the stability and potential of this project.
The first Bitcoin transaction
On January 12, 2009, the well-known Hal Finney and Satoshi Nakamoto make history by making the first bitcoin transaction in history. Nakamoto sent Hal a total of 25 BTC, in a transaction that was recorded for history in block number 170 of the blockchain.
The first exchange of Bitcoin for fiat and the birth of the first exchange
One of the milestones in the history of Bitcoin was reached by Martti malmi, the first exchange of Bitcoin for fiat. This happened on October 11, 2009, when Malmi helped create the first exchange of Bitcoin, the well-known NewLibertyStandard. At that time, Malmi sent a total of 5050 BTC for a total of $ 5,05 USD that was sent to him by PayPal. This exchange would be the first crypto-fiat exchange in the world, it would start something that we do today with great regularity.
Bitcoinexchange.com is born and together with it the first generation of cryptocurrency exchanges
Not enough with this, Malmi using his knowledge of Bitcoin and Web programming, began with the creation of what would be the first generation of Bitcoin exchanges. The first of these was bitcoinexchange.com, which was launched in March 2010 and featured on the Bitcointalk forum that it helped create.
Bitcoin Pizza Day, two pizzas for 10 thousand BTC
On May 22, 2010, programmer Laszlo Hanyecz makes history by being the first person to buy using Bitcoins. The purchase was two pizzas for the modest price of 10.000 bitcoins. Since then, Bitcoin followers take this day as the Bitcoin Pizza Day, a time when they usually repeat Laszlo's feat of buying pizzas using bitcoins.
The birth of Mt Gox Exchange
On July 18, 2010, Mt Gox Exchange, one of the largest exchanges in the crypto world. It managed to reach 70% of all global bitcoin transactions.
The first Bitcoin Over-The-Counter (OTC) exchange is born
On October 17, 2010, the first Bitcoin OTC exchange was born, which was born on the Freenode IRC under the channel # bitcoin-otc.
Bitcoin's first million dollar capitalization
In November 2010, the combined value of all bitcoins in circulation brought their market capitalization to over $ 0,50 million. By then the coin was trading around $ XNUMX per BTC on MtGox.
The first Bitcoin pool
The first mining pool for Bitcoin was born on December 16, 2010, the well-known SlushPool, which was operated by the Bitcointalk user, slush, and which is currently active, being the longest-lived Bitcoin pool.
Parity between the US dollar and bitcoin
In February 2011 for the first time bitcoin manages to catch up with the US dollar with a price of $ 1,00 per BTC.
In June 2011, the exchange platform Mt. Gox announced that 850.000 bitcoins had disappeared from the portfolio of its clients, to date the cost of the loss was equivalent to about 450 million dollars. According to investigations, the theft occurred because the hackers managed to gain access to the credentials of an official auditor who worked for the exchange.
Recurring events on Bitcoin
Proof of Keys, checking that your bitcoins are really there
Every January 3, HODLers of last resort from the Bitcoin community participate in a Proof of Keys celebration demanding and taking possession of all bitcoins held by trusted third parties on their behalf. By demanding and taking possession of your assets, people will learn very quickly with the blockchain test, whether they are part of the elite HODLers or not.
Halving day party
The first halving day took place in November 2012. The event consists in that every 210.000 blocks, the amount of new coins created is reduced by half. The action is part of bitcoin policy and occurs every 4 years on the Bitcoin network.
Bitcoin Sheffield, is a bi-monthly meetup for a group of Bitcoin activists based in Sheffield, UK.
Bitcoin Wednesday Amsterdam
Bitcoin Wednesday Amsterdam, is a monthly meeting that takes place on Wednesdays of each month and in which personalities and specialists in the world of cryptocurrencies and cryptography attend.
Bitcoin Conference, is an annual world-class conference in which the largest Bitcoin Core companies, personalities and programmers participate.