The future of bitcoin - Part 1 -100% POWERUP
Firstly a blockchain would rather be seen as a decentralized, distributes journal, census deals that books down or record the provenance of a digital asset. By network or web designs, they are seen as fiscal terms of trade which can only be seen but not touched until turned into capitalist and it has the most simplified advanced security software which makes it legit for payment and cyber security.
Description of a bitcoin
The cryptocurrency platform is a virtual figure of currency or could be named digital currency, is a capitalist that is completely virtual. For illustration it could be called an online interpretation of cash, it can be seen to digital carryalls and also be transferred from one person to another.
Nonfictional data about blockchain
Although blockchain is a new census technology, it formerly exclaims a rich and interesting history.
some of the most notable and important events in the development of blockchain.
2008
Satoshi Nakamoto, a alias for a person or group, publishes “ Bitcoin A Peer to Peer Electronic Cash System."
2009
The first successful Bitcoin (BTC) trade passed between the great computer scientist Hal Finney and the mysterious Satoshi Nakamoto.
2010
A Florida- predicated programmer Laszlo Hanycez completes his first ever purchase using Bitcoin — he bought two Pop John’s pizzas. Hanycez also transferred BTC’s, worth about$ 60 at the time. Moment it's worth$ 80 million.
The request capital Value of Bitcoin officially exceeds$ 1 million.
2011
1 bitcoin = $ 1 USD, giving the cryptocurrency equivalency with the US bone.
Electronic Frontier Foundation, Wikileaks and other associations start accepting Bitcoin as cryptocurrency as donations.
2012
Token platforms and crypto are generally mentioned in popular Television cleanser operas like The Good Woman, befitting blockchain into pop culture.
Bitcoin Newspaper was launched by early Bitcoin innovator Vitalik Buterin.
2013
BTC request cap surpassed$ 1 billion.
Bitcoin reached$ 100/ BTC for first time.
Creating idea produces of “ Ethereum Project" paper suggesting that blockchain has other possibilities besides Bitcoin (e.g., smart contracts).
2014 .
The R3, a group number of over 200 blockchain enterprises, is delegated to discover new other ways blockchain can be executed in technology.
PayPal also announced Bitcoin integration.
2015
Number of merchandisers accepting BTC exceeds.
NASDAQ and San-Francisco blockchain sedulity chain team up to test the new technology for trading shares in private companies.
2016
Technology giant IBM stated that a blockchain strategy for pall- predicated business results.
The judiciary system of Japan notified the legitimacy of blockchain and cryptocurrencies.
2017
Bitcoin reaches$/ BTC for first time.
Cryptocurrency request cap reaches$ 150 billion.
JP Morgan CEO Jamie Dimon said he believes in blockchain as a future technology, giving the census journal system a time of confidence from Wall Street.
Bitcoin reaches its each- time high at$/ BTC.
Dubai made it clear that its government will be blockchain-powered by 2020.
2018
Mark zukerberg application user submitted to starting a blockchain group and also hints at the possibility of creating its own cryptocurrency.
IBM developed a blockchain- predicated banking platform with large artificial banks like Citi and Barclays subscribing on.
2019
China’s President Ji Xinping intimately embraces blockchain as China’s central bank announces it's working on its own cryptocurrency
Twitter & Square CEO Jack Dorsey announces that Square will be hiring blockchain masterminds to work on the company’s future crypto plans
The New York Stock Exchange (NYSE) announces the creation of Bakkt-a digital portmanteau company that includes crypto trading
2020
Bitcoin nearly reaches$ by the end of 2020
. PayPal announces it'll allow druggies to buy, vend and hold cryptocurrencies
. The Bahamas becomes the world’s first country to launch its central bank digital currency, meetly known as thhe “ Beach Bone”
.Blockchain becomes a crucial player in the fight against COVID-19, substantially for securely storing medical exploration data and patient information
. Ethereum builds on Bitcoin's invention, with some major differences.
Both will allow you use digital plutocrat without payment providers or banks. But Ethereum is more programmable, so you can also use it for lots of different digital means – indeed Bitcoin!
. This also means Ethereum is for further than just payments. It's a request stage of fiscal services, games and apps that can not use out of your data.
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