Hello, Hive Nation !!!
I've been reading, learning and experiencing a little bit of everything about the cryptocurrency world, so now, i feel that i can (hope) contribute to this community. Feel free to comment, i will appreciate it. Thank you so much for being part of it!
So, to start, this will be a blog where i will share my journey towards my financial independence and will show you various crypto products and others so that you can be inspired and create your own journey! I want to bring useful information for advanced users, but mainly to help newbies to start their journey in the world of cryptocurrency, so in this first post, i present a brief history of bitcoin and cryptocurrencies.
Ten years ago, Bitcoin (BTC) emerged as the first cryptocurrency. A lot has happened since that day, so let's take a look back at some of the major events during this time period:
31 October 2008 - Satoshi Nakamoto published the white paper called Bitcoin: A Peer-to-Peer Electronic Cash System, describing the functionality of the Bitcoin blockchain network. This day in Bitcoin history has carved the path for the events that followed.
3 January 2009 - Satoshi Nakamoto, whose true identity remains a mystery to this day, mined the first block of the Bitcoin network, effectively piloting the blockchain technology. The first mined block is also known as the Genesis Block.
2 May 2010 - The first recorded purchase of goods was made with Bitcoin when Laszlo Hanyecz bought two pizzas for 10,000 BTC. This day is still commemorated to date as the Bitcoin Pizza Day.
2011-2013 - Bitcoin managed to reach parity with the US Dollar in February. During this year, a few rivaling cryptocurrencies emerged: By May 2013, the cryptocurrency market counted 10 digital assets, including Litecoin (LTC). Another major crypto asset joined in August in the name of Ripple (XRP).
2014-2016 - Bitcoin price plummeted by 50% and did not recover to its initial price till late 2016.
30 July 2015 - The Ethereum (ETH) network, currently the number 2 crypto asset in terms of market capitalization, was launched. It brought smart contracts to the cryptocurrency world and the introduction of ERC-20 tokens.
2015 – present - More and more ERC-20 tokens have been created. There are currently over 200 000 ERC-20 tokens with a market capitalization.
From there on, the cryptocurrency world has not stood still since. Prices reached an all-time highs in the beginning of January 2018 and many new crypto assets have joined since, including EOS (July 2017), Tron (September 2017) and Cardano (October 2017). The cryptocurrency market currently hosts over 2000 digital currencies and is still expanding. Crypto assets equally continued to gain popularity to a point where adoption has become more important and more present. The amount of Bitcoin ATMs has continued to increase, more shops have started accepting cryptocurrencies as a method of payment and crypto assets are being used as a form of fundraising. This list is expanding at a rapid pace. With cryptocurrencies, you are able to “be your own bank” – you are the only one in control of your digital assets and the only one in charge of keeping the secure.
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