History Of The Information Storing Blocks: Blockchains

Although blockchain is a new emerging technology, it already boasts an expensive and fascinating history. Future technology could be a temporary timeline of a number of the foremost vital and notable events within the development of blockchain. 

 

History of Blockchain

 

2008

Satoshi Nakamoto, an anonym for an individual or cluster, publishes “Bitcoin: A Peer to peer Electronic money System."

 

2009

The first successful Bitcoin (BTC) transaction occurs between computer scientist Hal Finney and Satoshi Nakamoto.

 

2010

Florida-based technologist Laszlo Hanycez completes the first-ever purchase — 2 male parents John’s pizzas. Hanycez transferred ten,000 BTC’s, price regarding $60 at the time. Today it's worth $80 million. The market cap of Bitcoin formally exceeds $1 million.

 

2011

1 BTC = $1USD, giving the cryptocurrency parity with the US dollar. 

Electronic Frontier Foundation, Wikileaks and different organizations begin accepting Bitcoin as contributions.

 

2012

Blockchain and cryptocurrency are mentioned in fashionable tv shows like The Good Wife, injecting blockchain into popular culture. Bitcoin Magazine launched by early Bitcoin developer Vitalik Buterin.

 

2013

BTC market cap surpassed $1 billion.

Bitcoin reached $100/BTC for the initial time.

 

2014

Buterin’s Ethereum Project is crowdfunded, raising over $18 million in BTC and gap up to new avenues for blockchain. 

R3, a gaggle of over two hundred blockchain corporations, is made to get new ways that blockchain will be enforced in technology.

PayPal announces Bitcoin integration.

 

2015

Number of merchants acceptive BTC exceeds one hundred,000.

NASDAQ and San-Francisco blockchain company Chain group to check the technology for commercialism shares in-camera corporations.

 

2016

Tech big IBM announces a blockchain strategy for cloud-based business solutions.

Government of Japan acknowledges the legitimacy of blockchain and cryptocurrencies.

 

2017

Bitcoin reaches $1,000/BTC for initial time.

Cryptocurrency market reaches $150 billion.

JP Morgan chief operating officer Jamie Dimon says he believes in blockchain as a future technology.

Dubai announces its government are blockchain-powered by 2020.

 

2018

Facebook commits to start a blockchain cluster and additionally hints at the chance of making its own cryptocurrency.

IBM develops a blockchain-based banking platform with giant banks like Citi and Barclays language on.

 

We, at OpenGrowth, are continually looking for trending startups in the ecosystem. If you want to know any further information about the startup ecosystem or have any mind-boggling ideas, do refer to the other blogs at OpenGrowth. If you have any suggestions, do let us know in the comment section below. 

 

Contributor: Sudeshna Dutta

Sudeshna is an engineer in making. She is a writer at OpenGrowth. Apart from dealing with circuits and chips, she is passionate about being a keyboardist and pianist and wants to attain professionalism in it with her talent coupled with hard work.

Amritanshu, a geek, an explorer, traveler and innovative creator by heart. Experimenting with new ideas and exploring innovative technologies are his break-through talent. Endless craze for technology and creativity. Associated with editorial team at OpenGrowth and keenly serving great stuff from startup world.

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BLANK ATM CARD

14th Feb'22 06:49:50 AM

GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735 I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.(darkwebcyberhackers@gmail.com) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode. You can also contact them for the service below * Western Union/MoneyGram Transfer Hack * Bank Transfer Hack * PayPal / Skrill Transfer Hack * Crypto Mining Hack * CashApp Transfer Hack Email: darkwebcyberhackers@gmail.com Text & Call or WhatsApp: +18033921735 Visit: https://darkwebcycberhackers.com/

Henry Bartley

9th Feb'22 08:38:47 AM

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Dave Carson

1st Feb'22 12:19:35 AM

Please beware there are many fake bitcoin mining/clouding out there, I have been a victim once but now a certified blockchain consultant and I know better. The whole plan was so smooth I could not doubt it. Bitcoin is actually a great investment option but one thing I discovered over time is that it is not possible to mine bitcoin so don’t be deceived. I invested $25000 on a particular website called eurekaminingblock, I monitored the profit yielding but was told to open a new blockchain account to receive my payout. A public wallet was imported into the account and I was made to believe that was my profit. The bitcoin was labelled non spendable and it took me 2 years to be able to access it without the knowledge of the company. The non spendable bitcoin is the scam out there now and a lot of people are falling victim of it. I found Zion Romero (a recovery expert and trader) on Quora who helped me access a significant part of my investment together with the profit without the knowledge of the company. You can reach him through his email : { REMOTESPYTECH (@) GMAILCOM } Email: REMOTESPYTECH (@) GMAILCOM WhatsApp: +13523543740

Dave Carson

1st Feb'22 12:19:25 AM

Please beware there are many fake bitcoin mining/clouding out there, I have been a victim once but now a certified blockchain consultant and I know better. The whole plan was so smooth I could not doubt it. Bitcoin is actually a great investment option but one thing I discovered over time is that it is not possible to mine bitcoin so don’t be deceived. I invested $25000 on a particular website called eurekaminingblock, I monitored the profit yielding but was told to open a new blockchain account to receive my payout. A public wallet was imported into the account and I was made to believe that was my profit. The bitcoin was labelled non spendable and it took me 2 years to be able to access it without the knowledge of the company. The non spendable bitcoin is the scam out there now and a lot of people are falling victim of it. I found Zion Romero (a recovery expert and trader) on Quora who helped me access a significant part of my investment together with the profit without the knowledge of the company. You can reach him through his email : { REMOTESPYTECH (@) GMAILCOM } Email: REMOTESPYTECH (@) GMAILCOM WhatsApp: +13523543740

Sherry Beckley

31st Jan'22 03:12:21 PM

It's a sad experience to lose your money to these wallets...I lost mine to Paxful in Dec 2021. A huge amount was stolen but I was lucky to recover it back after weeks of mails with no positive response from Paxful. I finally met a tech guy who tracked and recovered my trading $ with my stolen coin. If you have a similar issue, you can reach out: Jimfundsrecovery at consultant dot com.

Brian Joe

8th Jan'22 10:37:58 AM

I had run my own business for years and had built up a good sum in savings for retirement. I planned to use the money to buy a private beach house for me and my wife to live out the rest of our days. In a bid to top-up those savings I was drawn into investing online - a move into cryptocurrency trading that left me at the mercy of suspected fraudsters and drained my life savings. I quickly contacted a family friend who recommended a private investigator, within 4 weeks he mailed to say he'd apprehended the scammers and recovered the remaining crypto. 20% is a lot, but it's better than losing it all and my wife was very happy. I highly recommend their service RECOVERY101@CYBERDUDE.COM

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8th Jan'22 10:37:18 AM

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Eric

7th Jan'22 02:45:58 PM

I put about $302,000 worth of bitcoin in Coinbase and was locked out a few days later and unable to get back into my account. I employed all methods of recovering my account back but it happened that my account was compromised by a ripper who executed a virus into my system thereby gaining access to my wallet. Worried and perplexed, I found a specialist ( HACKSTARS101 @ WORKMAIL . COM) who tactfully regained access but on getting back all coins were already gone. He traced the coin via a signature print down to a foreign wallet and recovered everything back. You can hope to recover your funds with his technicality.

Jerry Norton

1st Dec'21 01:00:53 PM

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