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Bitcoin Added to Guinness World Records Book – Find Out More

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Bitcoin Added to Guinness World Records Book – Find Out More
Source: AdobeStock / JHVEPhoto

The world’s primary cryptocurrency per market capitalization, Bitcoin (BTC), has earned a number of Guinness World Records titles, together with the oldest and the primary decentralized cryptocurrency.

Bitcoin has been written into this well-known ebook as the primary decentralized cryptocurrency, “developed as a solution to the challenge of regulating a digital currency without any centralized organization, or “trusted third party”, to oversee transactions,” says the entry.

The entry talked about that its pseudonymous creator Satoshi Nakamoto revealed the whitepaper in 2008, with a working implementation of the idea being accomplished and an open-source shopper launched to the general public in 2009.

The world’s primary crypto has been talked about in 17 of the ebook entries in complete. These embrace:

  • First blockchain: January 2009, launched by Nakamoto;
  • Oldest cryptocurrency: 13 years
  • First Bitcoin transaction: January 12, 2009, Nakamoto transferred BTC 10 to Hal Finney, an American software program developer;
  • First industrial Bitcoin transaction: May 22, 2010, software program developer Laszlo Hanyecz paid BTC 10,000 for 2 giant pizzas, right this moment referred to as ‘Bitcoin Pizza Day’;
  • First nation to undertake Bitcoin as authorized tender: September 2021, El Salvador;
  • Most precious cryptocurrency: March 24, 2022;
  • Largest bitcoin fraud: 2012, Bitcoin Savings and Trust reportedly misplaced the equal to $5.6 million by the point it was shut down by the US Securities and Exchange Commission;
  • Largest cryptocurrency hack: February 2014, Mt. Gox;
  • First seizure of cryptocurrency: April 2013, the US Drug Enforcement Administration confiscated BTC 11.02 from Eric Hughes who was accused of promoting unlawful medication by means of the net market Silk Road;
  • Largest seizure of cryptocurrency: February 2022, the US Department of Justice (DOJ) seized $3.6 billion in cryptocurrency from Ilya Lichtenstein and Heather Morgan, believed to be related to the BTC 120-heavy hack of the crypto trade Bitfinex in 2016;
  • First cryptocurrency trade: March 2010, BitcoinMarket;
  • Largest cryptocurrency successful jackpot in a web based poker event: July 2019, BTC 104.23;
  • First Minecraft server with a bitcoin financial system: 2014, mined sources could possibly be traded for fractions of a bitcoin;
  • First non-fungible token (NFT): May 2014, Quantum, a brief looping animation created by American digital artist Kevin McCoy, the one one to be created by way of Bitcoin.

Two, nevertheless, are included on this search listing, even when they don’t seem to be immediately related to bitcoin, however comprise the phrase “coins such as bitcoin” or related. These are probably the most precious sports activities membership NFT, and the costliest NFT paintings (restricted version) – the latter one being from March 2021, when Beeple offered his “EVERYDAYS: THE FIRST 5000 DAYS” in a Christie’s public sale.  

While broadly praised for its inclusion of Bitcoin, the Guinness World Records additionally obtained some constructive criticism: sure errors have been identified, such because the variety of BTC in a single Nakamoto’s pockets, the date of whitepaper publication, and sure differentiation between validators and miners in proof-of-work (PoW) blockchains.

Meanwhile, earlier in October, main crypto trade Binance mentioned that it, together with Talent Network, a Mexico-based recruiting company, earned the Guinness World Records title for internet hosting the biggest cryptocurrency lesson on the planet. On October 7, 289 folks attended the category at Blockchain Land Nuevo León, Mexico.

At 10 UTC on Wednesday morning, BTC was buying and selling at $19,226, down 1.6% in a day and up 1% in every week.

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Compiled by Coinbold

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