2023-01-04
14 years ago, on January 3, 2009 during a Saturday afternoon,
Satoshi Nakamoto launched Bitcoin network and block zero at about 1:15 p.m.
(ET). Bitcoin block one was mined six days later on January 9, 2009 at about 9:54
p.m. (ET).
Facts about Bitcoin
-The Bitcoin Whitepaper was published on October 31, 2008 by Satoshi
Nakamoto. The whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System.
-As of January 3, 2009 Bitcoin market share is 39.9% calculated
from overall cryptocurrency market value.
-Bitcoin
is limited to only 21 million bitcoins.
-The
block time on the bitcoin blockchain is 10 minutes.
-Satoshi
is the miner of bitcoins during its first year.
-Bitcoin
first days of recorded trading price in 2010 was $0.003. In 2015 Bitcoin price
was $250.
-The last bitcoin will be minted in the year 2180.
-Bitcoin is the first blockchain technology. The
technology enables transaction without middleman.
-14 years after Bitcoin genesis block, As of January
4, 2023 Bitcoin has a market cap of $324 billion and cryptocurrency market cap is
value at $819 billion.
-Satoshi has 1 million bitcoins as of December
2021.