On May 22, 2010, Laszlo Hanyecz, a pioneer of cryptocurrencies, purchased two pizzas with 10,000 BTC. This was not only the first real-world transaction in the history of cryptocurrencies but also the first time BTC demonstrated its currency attributes. Now, fourteen years later, the cryptocurrency industry is maturing.
In order to pay tribute to early pioneers like Laszlo Hanyecz and to spread their brave, adventurous, and innovative spirit to every corner of the world, OKX Web3 has created a unique Bitcoin Time Museum during the BTC Pizza Festival in Taipei in 2024. It has attracted thousands of people to travel through time and revisit the history of Bitcoin development.
During the event, over a thousand people visited the Time Museum to take photos, celebrate together, and participate in fun games to win OKX Web3 customized pizzas, beers, and merchandise. In addition, Professor Liao Shiwei from National Taiwan University, well-known Taipei crypto KOL Sheng Jieshi, computer science girl Li Tingting, and the founder of DA Studio, Zijun, all came to the scene to leave their mark.
Of course, it is worth mentioning that OKX Web3 also launched a “Pizza Day Street Challenge” on Pizza Day. Taking to the streets with seemingly “ordinary” cards, they brought surprises to those who dare to boldly try new things, aiming to pay tribute to revolutionaries like Laszlo Hanyecz and the brave pioneers who have opened up the cryptocurrency industry. It is all about spreading the spirit of brave people enjoying the world first.
Looking back at the development history of Bitcoin, we can’t help but marvel at the power of creation and innovation.
In November 2008, Satoshi Nakamoto published a paper on a cryptographic website mailing list, describing for the first time the Bitcoin electronic cash system. Then, on January 3, 2009, Satoshi Nakamoto successfully mined the first block of Bitcoin, the “Genesis Block,” on a small server in Helsinki, Finland, and received the first mining reward of 50 BTC.
As time went on, Bitcoin gradually gained more attention. On January 23, 2010, a BitcoinTalk forum user named Sabunir posted an interesting topic: “A test for beginners – Does anyone want to buy a picture for $1?” He asked if anyone would be willing to buy a wallpaper with a resolution of 1280×960 for $1 worth of Bitcoin and left his wallet address. Just a month later, these 50 bitcoins were sent to his address, marking the first public real-world Bitcoin transaction.
On May 22 of the same year, Bitcoin reached another milestone. Laszlo Hanyecz, a pioneer in cryptocurrencies, used 10,000 bitcoins to purchase 2 pizzas, marking the first public Bitcoin transaction for physical goods. This event not only demonstrated the practicality of Bitcoin in real life but also became the origin of the annual Pizza Day in the industry.
As time went by, the influence of Bitcoin continued to expand. On January 14, 2012, Bitcoin appeared for the first time in the American TV series “The Good Wife,” further increasing its popularity among the public. Since then, the price of Bitcoin has continued to rise, and in March 2017, the price of one Bitcoin surpassed the price of an ounce of gold for the first time. On November 28 of the same year, the Bitcoin trading price broke the $10,000 mark for the first time.
On May 12, 2020, the 630,000th block was mined, and the block reward for Bitcoin decreased from 12.5 BTC to 6.25 BTC. This was the third halving event in Bitcoin’s history. This event marked an increase in the mining difficulty of Bitcoin and a decrease in the reward, but it also promoted the security and stability of the Bitcoin network.
In recent years, the acceptance of Bitcoin has been increasing globally. Especially this year, on January 10, the U.S. Securities and Exchange Commission (SEC) approved the first Bitcoin spot ETF, marking the formal entry of Bitcoin into the mainstream financial market and signifying a structural change in the cryptocurrency market centered around Bitcoin.
As early builders in the industry, OKX Web3 has been paying tribute to industry pioneers while also focusing on building the Bitcoin ecosystem. Up to now, OKX Web3 Wallet has launched the Ordinals, Atomicals, and Runes markets, helping users experience the latest developments in the Bitcoin ecosystem in real-time and providing users with a one-stop entrance to explore the Bitcoin ecosystem. Furthermore, as the Bitcoin ecosystem continues to develop, the OKX Web3 team is also building around various aspects of the Bitcoin ecosystem, including wallet tools, browsers, trading markets, protocol standards, cross-chain bridges, and Bitcoin Layer2. In the future, OKX Web3 will adhere to the spirit of innovation and embark on a new journey together with the cryptocurrency industry.
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Tags:
OKX
WEB3
Satoshi Nakamoto
Bitcoin
electronic cash
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Note: The content of this article represents the author’s point of view and does not constitute investment advice.
Original article link: https://www.bitpush.news/articles/6777842
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