Satoshi Nakamoto’s white paper, “Bitcoin - a Peer-to-Peer Electronic Cash System,” was published exactly 10 years ago, opening the door to an age of viable digital assets based on cryptography. Bitcoin was the first implementation of a cryptographically protected approach to payment processing, the aim being to displace traditional banking and ensuring a trustless but also secure transfer of funds.
It took a decade and multiple steps to get to the point where Bitcoin is a legitimately traded asset (currently at above $6,300), and there is an entire ecosystem of new assets pursuing wider recognition. Bitcoin went through several phases, with growth being a constant theme in all aspects of the coin.
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Since the inception, Bitcoin and its network have gone through several stages of evolution.
2009-2011: Early adopters of the coin grew rapidly in number as mining spread from a handful of computers to a wider network. Bitcoin was the sole cryptocurrency and was going through a testing stage. At that point, price discovery was just beginning, and 10,000 Bitcoin for a pizza in May 2010 looked like a fair...
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