History of #Blockchain

Although blockchain is a new #technology, it already boasts a rich and interesting history. The following is a brief timeline of some of the most important and notable events in the development of blockchain.
Satoshi Nakamoto, a pseudonym for a person or group, publishes “Bitcoin: A Peer to Peer Electronic Cash System."
The first successful Bitcoin (BTC) transaction occurs between computer scientist Hal Finney and the mysterious Satoshi Nakamoto.
Florida-based programmer Laszlo Hanycez completes the first ever purchase using Bitcoin — two Papa John’s pizzas. Hanycez transferred 10,000 BTC’s, worth about $60 at the time. Today it's worth $80 million. 
The market cap of Bitcoin officially exceeds $1 million.
1 BTC = $1USD, giving the cryptocurrency parity with the US dollar.
Electronic Frontier Foundation, Wikileaks and other organizations start accepting Bitcoin as donations.
Blockchain and cryptocurrency are mentioned in popular television shows like The Good Wife, injecting blockchain into pop culture.
Bitcoin Magazine launched by early Bitcoin developer Vitalik Buterin.
BTC market cap surpassed $1 billion.
Bitcoin reached $100/BTC for first time.
Buterin publishes “Ethereum Project" paper suggesting that blockchain has other possibilities besides Bitcoin (e.g., smart contracts).
Gaming company Zynga, The D Las Vegas Hotel and Overstock.com all start accepting Bitcoin as payment.
Buterin’s Ethereum Project is crowdfunded via an Initial Coin Offering (ICO) raising over $18 million in BTC and opening up new avenues for blockchain.
Number of merchants accepting BTC exceeds 100,000.
NASDAQ and San-Francisco blockchain company Chain team up to test the technology for trading shares in private companies.
Tech giant IBM announces a blockchain strategy for cloud-based business solutions.
Government of Japan recognizes the legitimacy of blockchain and cryptocurrencies.
Bitcoin reaches $1,000/BTC for first time.
Cryptocurrency market cap reaches $150 billion.
JP Morgan CEO Jamie Dimon says he believes in blockchain as a future technology, giving the ledger system a vote-of-confidence from Wall Street.
Bitcoin reaches its all-time high
Facebook commits to starting a blockchain group and also hints at the possibility of creating its own cryptocurrency.
IBM develops a blockchain-based banking platform with large banks like Citi and Barclays signing on.
China’s President Ji Xinping publicly embraces blockchain as China’s central bank announces it is working on its own cryptocurrency
Twitter & Square CEO Jack Dorsey announces that Square will be hiring blockchain engineers to work on the company’s future crypto plans
Bitcoin almost reaches $30,000 by the end of 2020
PayPal announces it will allow users to buy, sell and hold cryptocurrencies
The Bahamas becomes the world’s first country to launch its central bank digital currency, fittingly known as the “Sand Dollar”
To date, there are roughly 6,700 cryptocurrencies in the world that have a total market cap around $1.6 trillion, with Bitcoin holding a majority of the value. These tokens have become incredibly popular over the last few years, with one Bitcoin equaling $60,000.

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with ⚡️⭕️ Santiago Rivera G.

⚡️⭕️ Santiago Rivera G. Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @sriveragonzalez

2 May
#Blockchain applications go far beyond cryptocurrency and bitcoin.

With its ability to create more transparency and fairness while also saving businesses time and money, the #technology is impacting a variety of sectors.

Secure sharing of medical data
NFT marketplaces
Music royalties tracking
Cross-border payments
Real-time IoT operating systems
Personal identity security
Anti-money laundering tracking system
Supply chain and logistics
Voting mechanism
Advertising insights
Original content creation
Cryptocurrency exchange
Real estate processing platform
Read 5 tweets
2 May
Time for trust: The trillion-dollar reasons to rethink #blockchain

Serious activity around blockchain is cutting through every industry across the globe right now. It’s driven by an acute need to win trust in the digital world.

Via: @PwC @PwC_UK

#Businesses are rethinking their operations and are discovering not only is #blockchain #technology key to delivering trust, but it’s an opportunity open to all.

@PwC explores the impact blockchain technology can have on the global economy
#Blockchain #technology has the potential to boost global gross domestic product (GDP) by US$1.76 trillion over the next decade.
Read 4 tweets
1 May
Aunque las razones para el pesimismo son inequívocas, las grandes crisis también pueden desencadenar una rees- tructuración económica a gran escala. La composición de la actividad económica cambia, ya que algunos sectores se contraen y otros se expanden.
La hostelería y los servicios personales podrían sufrir los efectos a largo plazo del Covid-19, mientras que las tecnologías de la información, las finanzas y la logística podrían cobrar un nuevo impulso.
Si los sectores que se expanden son más productivos que los que se contraen, la productividad agregada debería aumentar a medida que la economía regresa al pleno empleo.

La mayor transformación, sin embargo, podría originarse en la aceleración de la digitalización
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!