History

History


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Timeline

19: BTC (Bitcoin) founder Satoshi Nakamoto mined the first block of the blockchain and launched the cryptocurrency, with the reward halving scheduled for the year. Nakamoto released the Bitcoin source code and printed the first bitcoin (BTC) as a proof of concept on October 31, 2008. The total number of Bitcoins released was 21 million.

July 1, 2009, the first block is mined.

October 31, 2010, the reward halving took place.

December 15, 2010, a transaction which paid 10.1819 bitcoins to 1A1a1ZR5E7Mi2W8Nx7vJT6HNpJv318ZcPoi proved that 2 blocks could be mined per minute.

April 16, 2011, a transaction which paid 10.1819 bitcoins to 1A1a1ZR5E7Mi2W8Nx7vJT6HNpJv318ZcPoi proved that 300,000 bitcoins are in circulation, the last bitcoins of the first generation (21 million), since there are only that many bitcoins in the world.

August 8, 2011, a miner based in China successfully mined a block of the blockchain with a solution that halved the time required to create a block from 10 minutes to roughly 5.

February 28, 2013, Blockchain Explorer 1.0 beta was released.

May 22, 2013, the first block produced by the Bitcoin network is mined after a lead developer ported the codebase of Bitcoin Core from the software's source code repository, bitkeeper.org, to git.

January 31, 2014, 32,439 bitcoins were created.

February 28, 2015, a block was mined for the first time on a Ethereum test network.

January 30, 2016, users of Ethereum reported a bug that could potentially nullify the security model for the currency.

April 25, 2016, Monero, a cryptocurrency that uses the CryptoNote protocol, announced they would be looking into implementing a "merged mining" arrangement. This would allow for some of the mining performed in Bitcoin transactions to benefit users of Monero.

July 6, 2016, Bitcoin was rebranded to Bitcoin Cash by a user named Roger Ver.

July 24, 2017, Bitcoin Cash was forked into Bitcoin ABC and Bitcoin SV due to a disagreement over the future of the bitcoin network. The newer fork, Bitcoin SV, is run by Craig Wright, who claims to be Satoshi Nakamoto.

August

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