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Author Topic: MOST INTERESTING FACTS ABOUT BITKOIN  (Read 131 times)
Artkuz (OP)
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March 19, 2018, 10:59:05 AM
Last edit: March 19, 2018, 01:16:02 PM by Artkuz
 #1

Do you know that more than 92% of all financial experts of the world in the first years of Bitcoin's appearance recognized him as an absolutely unpromising means of payment? Nevertheless, for almost 10 years now this crypto currency has continued to improve not only, but also to beat all new records!

So let's move on to the facts and start with the best known:

1. In its original form, Bitcoin appeared back in 2008, and its creator is an anonymous author named Satoshi Nakamoto. It is curious that for many years it was not known who this person is or a whole group of mysterious specialists. The most likely scenario is the version according to which the creator of this crypto currency is an American of Japanese descent named Dorian Nakamoto, but ultimately this version has not received reliable evidence.

2. .As you know, the maximum number of Bitcoins is limited to 21 million coins. It is interesting that to date, slightly more than half of this total has been produced. The algorithm itself is usually more and more complicated and reduces the total number of created monets in 2 times every few years, for this reason, the process of mining (extraction of coins) is not the same. So, today around 3000-3600 BTC is produced in one day. It is believed that the last Bitcoin will be produced only in 2140.

3.It is noteworthy that the first million BTCBitcoinsBTC were produced by Satoshi Nakamoto himself and, according to many experts, still belong to him, and to date, by the way, this amount is 4,000,000,000 dollars. Many curious users and annoying journalists try to find these Nakamoto wallets to get on the trail of their creator. However, the mysterious Satoshi is silent and remains calm.

4.BTCBTCBTCIt is very interesting that attempts have been made to create the real physical equivalent of BTCBitcoinBTC. It should have been gold-colored coins with the Bitcoin logo. You see them on numerous images and pictures of this crypto currency. Such coins are called Casascius. Their principle of operation is that it is, in fact, a kind of cold wallets, on which a holographic code of access to the crypto currency is printed. Unfortunately, this technology has not received wide distribution. However, the small island jurisdiction of Oldney (UK) still announced its determined plans to manufacture Bitcoin physical coins.

5.It is noteworthy that only 36% of the total volume of Bitcoin coins was noted in any transactions and payment transactions. All the remaining coins with the number of about 64% of the total number of such coins have never been used. Probably, users hold them with the expectation of an even larger increase in the cost of 1 BTC.

6.To date, Bitcoin's code has more than 80,000 lines of code. And about 72 000 of them are written in the traditional programming language C ++. Interestingly, in the very first version of the Bitcoin working protocol under the number 0.1.0 there were only 14,000 lines of code for all the same C ++. The very crypto currency was originally conceived as a small, modest project, judging by modern standards. For example, the Linux kernel code contains more than 15 million lines of code.

7.Interestingly, the first country in the world that officially banned the use of BTCBitcoinBTC, was not any modern European state or the US, but exotic Thailand. Local authorities with great skepticism reacted to the use of the crypto currency, because it can not be imposed by any state tax. However, after a while this ban was lifted.

In the history of this crypto currency, from the moment when a whole year after its creation, 1 military-technical cooperation could be purchased for only $ 0.04 and up to an impressive $ 8000, which is equal to 1 BTCBitcoinBTC today, there were still a lot of significant and curious events. And maybe, and you yourself can add something interesting to these facts?

Cluster2k
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March 19, 2018, 11:08:10 AM
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Nice curiosities, but my eyes are dying now.  Grin Shocked
butka
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March 19, 2018, 11:57:42 AM
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Let me add to this list of interesting bitcoin facts another one:

8. The largest bitcoin transaction to date happened in April, 2015. It was worth 500,000.90707574 BTC or over 100 million dollars at that time.

You can see it here.

I believe the fee for this transaction was negligible, if any, but I have no idea where to check that.

Artkuz (OP)
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March 19, 2018, 12:33:10 PM
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Nice curiosities, but my eyes are dying now.  Grin Shocked
I changed the colors, I hope it became clearer
Cluster2k
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March 19, 2018, 01:07:56 PM
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Nice curiosities, but my eyes are dying now.  Grin Shocked
I changed the colors, I hope it became clearer

Better, however the yellow is really a killer for me XD
Artkuz (OP)
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March 19, 2018, 01:17:11 PM
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Nice curiosities, but my eyes are dying now.  Grin Shocked
I changed the colors, I hope it became clearer

Better, however the yellow is really a killer for me XD

I agree completely, the yellow color does not need anything at all, I will not add it any more at all
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