25 interesting facts about Bitcoin

in crypto •  7 years ago 

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1.Bitcoin was created by a Japanese nicknamed Satoshi Nakamoto in 2008. The true identity is not yet known in the world. The latest information was that the Japanese was actually called Dorian and lived in California, but the rumors were quickly refuted.

  1. The first transaction took place on January 21, 2009, when Nakamoto transferred the amount of 100 Bitcoin of Hall Fini, a well-known computer engineer.

  2. The first one million Bitcoin was and most likely are still owned by Nakamoto. Journalists have tried to find his wallets many times to find him, but no one has ever succeeded.

  3. Every day the world produces 3,600 new Bitcoin. The process through which they are extracted is called "mining".

  4. The maximum number of Bitcoin that will ever be produced amounts to 21 million. For now, they amount to 16 million. The algorithm by which they are extracted becomes more complex, making the yields uneven. However, it is estimated that the last Bitcoin will be "dug" in 2140.

  5. During the first 5 years after the creation of Bitcoin, his price has risen from $ 0 to $ 1,000.

  6. Physical Equivalents of Bitcoin. Cassius coins are the physical equivalent of the digital currency. Each coin contains a particle that has a numerical value in Bitcoin. The Aldern Island in the United Kingdom also announced plans to make Bitcoin Physically. For now, however, everything is just "on paper".

  7. Only 36 percent of all Bitcoin is used in transactions. The remaining 64 percent have so far not been used. We know this because every transaction made with Bitcoin or another crypto is recorded in a database called Blockchain.

  8. Nowadays, Bitcoin code contains 77,000 lines of code. The programming language used is C ++. For comparison in the first version of Bitcoin, the code numbers were only 14,000.

  9. An English citizen named James Howells discarded a flask containing the key for his wallet, which had 7500 Bitcoin. Judging by the monetary price, that's just over $ 34 million. There is also a case of a journalist who mistakenly has access to his wallet in social networks. As you can guess, his money was immediately stolen.


image source - Instagram

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