The amazing history and evolution of bitcoin

If you want to know about the history of Bitcoin, then you are in the right place. In this article, we are going to discuss the history and evaluation of Bitcoin. Click here to know about ビットコイン価格.

How bitcoin was born

The origin of bitcoin dates from November 2008, when, in an email chain where information about cryptography was shared, someone, under the pseudonym of Satoshi Nakamoto, distributed an article entitled: Bitcoin: A Peer-to electronic cash system -Peer. The article was the white paper of the cryptocurrency and described the definition of bitcoin and the design of a decentralized electronic transaction system. Visit this site to know about btc to inr.

Bitcoin Evolution

2011

Some companies and associations begin to accept bitcoin as a means of payment, such as Electronic Frontier Foundation or Wikileaks.

WeUseCoins publishes the first viral video to encourage the use of bitcoin. Currently, it has almost 10 million visits.

2012

During the month of January 2012, Bitcoin appears for the first time on television, starring in the episode entitled Bitcoin for Dummies, from the series The Good Wife broadcast on CBS.

2013

In February 2013, Coinbase reported that it already sold more than 1 million bitcoin per month.

In March, the blockchain forked for 6 hours in two independent blockchains with different consensus rules. This caused massive bitcoin sales and price drops, although it recovered shortly.

2014

During 2014 many companies began accepting bitcoin. From video game developer Zynga, to The D Las Vegas casino and the Golden Gate Hotel & Casino in downtown Las Vegas.

2015

In January 2015, Coinbase raised $ 75 million in a round of financing.

Also, in January 2015, the Bitstamp exchange announced the theft of 19,000 BTC from its clients’ portfolios, which represented more than 5 million dollars. The company returned the cryptocurrencies to its customers after strengthening the security measures of its platform.

2016

In January 2016, mining power exceeded 1 exahash / second.

In August 2016, another bitcoin exchange, Bitfinex, announced the theft of 120,000 BTC, in exchange, about 60 million dollars

The second halving takes place on July 9, 2016. Miners receive 25 BTC to 12.5 BTC for each block created.

2017

2017 was a convulsive year for bitcoin, in which important events for cryptocurrencies happened and in which its price suffers a real rally.

In April 2017, Japan legalized bitcoin through a law that accepted it as a payment method.

In July 2017, China announces the creation of its own cryptocurrency.

In November the possibility is announced that institutions such as CBOE, CME, LedgerX and Credit Suisse Bank offer future contracts based on bitcoin.