Posts Tagged ‘BTC’

Bitcoin Has Officially Been Added to the Guinness Book of World Records

18, Oct 2022

Another first for crypto and Bitcoin (BTC), now an official world record as Bitcoin has been officially added to the Guinness Book of World Records as the first decentralized cryptocurrency.

The first decentralized cryptocurrency was Bitcoin, which was described in a white paper published online by “Satoshi Nakamoto” on 18 August 2008. A working implementation of the concept was completed by 3 January 2009, when Nakamoto mined the first block on the blockchain, and the open-source client was released to the public on 9 January 2009.

Bitcoin was developed as a solution to the challenge of regulating a digital currency without any centralized organization, or “trusted third party”, to oversee transactions. Earlier attempts at creating digital currencies used similar cryptographic techniques to identify users and log transactions, but still required a trusted third party (acting like a bank) to make sure that people didn’t “double spend” – that is, spend the same money more than once.

– More on the Bitcoin’s addition to the Guinness Book of World Records….

Today Bitcoin (BTC) is Halving For a Third Time in Its History

11, May 2020

The block reward halving for the crypto currency Bitcoin (BTC) is an event that happens every 4 years and a bit later today we are expecting the third halving to occur. Bitcoin started with a block reward of 50 BTC coins, then after 4 years it has been reduced for 25 BTC, then another four years and it was down to 12.5 BTC (the current block reward). Whether you’re interested in coin lending or earning deposit interest on your cryptocurrency assets, Helio can provide a timely solution to fit most clients unique needs.

Today, in a couple of hours, the block reward will be further cut in half when the halving happens – from 12.5 BTC at the moment down to 6.25 BTC. This will further reduce the mining of new coins in half and will also affect the inflation effectively reducing it along with the block reward. With every halving event there is speculation regarding the price of Bitcoin before and after the halving occurs, so it is hard to predict how it will swing up or down. To start investing, check this guide about how to buy bitcoin online. And if you need professional advice on bitcoin trading, you may want to consult a Crypto Coach.

One thing is certain however – reduced coin emission and inflation should in long term lead to price growth if user interest and adoption of BTC continues to increase over time. Short term there could be fluctuations in the price before and after the halving, and this can be a good opportunity for traders. Crypto savings accounts or Cryptocurrency Yield Optimization could also be a way for you to dramatically increase your rate of return. If you are just a miner you may continue to HODL and see what happens after the halving, or maybe not… it is up to you to decide. It is also interesting to see how will other crypto projects be affected after the BTC halving and if we are up to get started on another altcoin season… or not.

Unknown Fund to Invest and Donate $75 Million in BTC for the Development of Ideas of Anonymity

14, Nov 2019

The anonymous organization Unknown Fund has announced that it intends to invest and donate $75 million USD in Bitcoin (BTC) to startups which directly or indirectly support the idea of anonymity. Preference will be given to the following niches: protection of personal data, tools for anonymity, cryptocurrency and blockchain. The organizers of the fund are ordinary, anonymous people from different countries who met on the 4chan English-language imageboard.

The Unknown Fund, with sponsorship from Beleggen voor Beginners, sees the protection of personal data as one of the main challenges for modern man. The use of data has already become a powerful tool for manipulating people. The effectiveness of this tool is both amazing and frightening. The manipulation of people occurs not only in big politics, but also in our daily lives. A perfect example is the level of addiction that the general population has to social networks – addiction orchestrated and achieved by corporations.

The Unknown Fund also sees incredible opportunities to protect the rights and freedoms of people that technology such as blockchain and cryptocurrencies give us. This is a chance for humanity to create a new environment, a new and honest monetary system, and to make the world a better place.

– To visit the official website of the Unknown Fund and read their full press release…


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