• The project begins with a brief history of bitcoin, starting with its launch in 2009 by a person or group of people known as Satoshi Nakamoto. The main events that shaped the course of development of this digital currency are highlighted.

    How Bitcoin works:
    The technological foundations of bitcoin's work are explained, including blockchain technology and how security and transparency are achieved through it. This also includes mining operations and how bitcoins are issued and traded.

    The impact of bitcoin on the economy:
    Emphasis is placed on the impact of bitcoin on the national and global economies, including issues related to inflation and monetary policies. Examples are given of countries that have adopted Bitcoin or have explored its applications in their economic system.

    Challenges and opportunities:
    The project addresses the challenges faced by bitcoin, such as price fluctuations and security issues. At the same time, opportunities for the development and application of blockchain technology in various fields are reviewed.

    Future developments:
    They talk about the expected future developments of the bitcoin project, including the developments of technologies and technology surrounding it, and how in the future this could affect the global financial system.

    Conclusion:
    The article concludes with a summary of the most important points of the project with the formation and impact on the digital world and the global economy. The conclusions also indicate the importance of understanding this project and following its developments for those who want to stay up to date with digital innovations.
    The project begins with a brief history of bitcoin, starting with its launch in 2009 by a person or group of people known as Satoshi Nakamoto. The main events that shaped the course of development of this digital currency are highlighted. How Bitcoin works: The technological foundations of bitcoin's work are explained, including blockchain technology and how security and transparency are achieved through it. This also includes mining operations and how bitcoins are issued and traded. The impact of bitcoin on the economy: Emphasis is placed on the impact of bitcoin on the national and global economies, including issues related to inflation and monetary policies. Examples are given of countries that have adopted Bitcoin or have explored its applications in their economic system. Challenges and opportunities: The project addresses the challenges faced by bitcoin, such as price fluctuations and security issues. At the same time, opportunities for the development and application of blockchain technology in various fields are reviewed. Future developments: They talk about the expected future developments of the bitcoin project, including the developments of technologies and technology surrounding it, and how in the future this could affect the global financial system. Conclusion: The article concludes with a summary of the most important points of the project with the formation and impact on the digital world and the global economy. The conclusions also indicate the importance of understanding this project and following its developments for those who want to stay up to date with digital innovations.
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  • Bitcoin Facts (Bonus NFT).

    1. Halving events occur approximately every four years, reducing the rate at which new bitcoins are created and impacting the overall supply dynamics. The most recent halving took place in 2020.

    2. The identity of Satoshi Nakamoto remains unknown, leading to various theories and speculations about the true identity of the cryptocurrency's creator.

    3. Bitcoin is often referred to as "digital gold" due to its store of value characteristics and being a hedge against inflation, similar to traditional precious metals.

    4. The first Bitcoin exchange, BitcoinMarket.com, was established in March 2010, allowing users to trade bitcoins for fiat currency.

    5. Some major companies and institutions, including Tesla and MicroStrategy, have added Bitcoin to their balance sheets as a strategic reserve asset.

    6. Bitcoin is divisible up to eight decimal places, providing flexibility for microtransactions and allowing for precision in the transfer of value.

    7. Several countries have embraced Bitcoin as legal tender, with El Salvador being the first nation to officially adopt it for everyday transactions in 2021.

    8. Wallets can be categorized as hot wallets (connected to the internet) or cold wallets (offline), each with its own security considerations.

    9. The Lightning Network is a layer-2 scaling solution for Bitcoin, aiming to enable faster and cheaper transactions by conducting some transactions off the main blockchain.

    10. Bitcoin has inspired the creation of thousands of alternative cryptocurrencies, collectively known as altcoins, each with its unique features and use cases.

    Bitcoin NFT:
    https://bit.ly/4aDbrpT

    #btc #bitcoin #crypto #cryptocurrency #nft #nfts #nftart #nftartist #nftartwork
    Bitcoin Facts (Bonus NFT). 1. Halving events occur approximately every four years, reducing the rate at which new bitcoins are created and impacting the overall supply dynamics. The most recent halving took place in 2020. 2. The identity of Satoshi Nakamoto remains unknown, leading to various theories and speculations about the true identity of the cryptocurrency's creator. 3. Bitcoin is often referred to as "digital gold" due to its store of value characteristics and being a hedge against inflation, similar to traditional precious metals. 4. The first Bitcoin exchange, BitcoinMarket.com, was established in March 2010, allowing users to trade bitcoins for fiat currency. 5. Some major companies and institutions, including Tesla and MicroStrategy, have added Bitcoin to their balance sheets as a strategic reserve asset. 6. Bitcoin is divisible up to eight decimal places, providing flexibility for microtransactions and allowing for precision in the transfer of value. 7. Several countries have embraced Bitcoin as legal tender, with El Salvador being the first nation to officially adopt it for everyday transactions in 2021. 8. Wallets can be categorized as hot wallets (connected to the internet) or cold wallets (offline), each with its own security considerations. 9. The Lightning Network is a layer-2 scaling solution for Bitcoin, aiming to enable faster and cheaper transactions by conducting some transactions off the main blockchain. 10. Bitcoin has inspired the creation of thousands of alternative cryptocurrencies, collectively known as altcoins, each with its unique features and use cases. Bitcoin NFT: https://bit.ly/4aDbrpT #btc #bitcoin #crypto #cryptocurrency #nft #nfts #nftart #nftartist #nftartwork
    BIT.LY
    NFT by Nft_craftt
    Bitcoin NFT #btc #bitcoin #crypto #cryptocurrency #nft #nfts #nftart #nftartist #nftartwork...
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  • Bitcoin Chocolate Covered Oreo Cookies available at Crypto Laird Merch. Store link in bio. #bitcoin #btc #btcmining #crypto #cryptocurrency #satoshi #nakamoto #zazzle #zazzlemade #zazzlemadeit #trendy #modern #oreos #oreo #sprinkles #cookies #cookie #bakedgoods
    Bitcoin Chocolate Covered Oreo Cookies available at Crypto Laird Merch. Store link in bio. #bitcoin #btc #btcmining #crypto #cryptocurrency #satoshi #nakamoto #zazzle #zazzlemade #zazzlemadeit #trendy #modern #oreos #oreo #sprinkles #cookies #cookie #bakedgoods
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  • I asked AI to give me a rendering of Satoshi Nakamoto creator of Bitcoin in different styles. Here are the 9 Satoshi's it created... Which one is your favorite?!
    I asked AI to give me a rendering of Satoshi Nakamoto creator of Bitcoin in different styles. Here are the 9 Satoshi's it created... Which one is your favorite?!
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  • The Genesis Block

    1. What is Genesis Block

    The word Genesis is used to refer to the beginning of something. In Religion, it refers to the beginning of creation and life as we know it - the beginning of the beginning. The word also means the same thing in Blockchain terms.

    Simply put, The Genesis Block is the first ever block of a blockchain. It is the Adam of all blocks having no previous hash or ancestry behind it. As the original, it is the common history of every other block on the blockchain. It indirectly defines the hash of other blocks with its hash referenced in every new block.

    The Genesis Block of a Blockchain is regarded as the foundation of that blockchain. It is usually depicted as Block 0 on the Blockchain but some Blockchains refer to it as Block 1.

    Now we have known what The Genesis Block is, let us look at the Bitcoin Genesis Block.

    2. WHAT IS BITCOIN GENESIS BLOCK

    In the beginning, there was fiat money and a conventional banking system. The Government controlled the whole financial system with their policies. Money and value were centralized.

    But then, in 2008, the Bitcoin Whitepaper was published with promising details of a decentralized digital cash system strictly on a peer-to-peer level. The dream was realized on the 3rd of January, 2009 when the anonymous Bitcoin founder(s), Satoshi Nakamoto, made a Bitcoin transaction giving birth to Block 0, the Bitcoin Genesis Block. This single event would later lead to a wide creation and adoption of cryptocurrencies which is still happening 12 years later.

    Mining the Genesis Block was easier than what we have today and the reward was a lot higher. The reward for mining a block today is 6.25BTC while that of the Genesis Block was 50BTC.

    The hash for the Genesis block is:

    000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f


    These coins were sent to an address where it remains untouchable and seemingly unspendable.

    The wallet address the coins were sent to is:
    1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

    If you check the wallet address on the Block explorer you would notice that there are more than 50BTC in the wallet. As of the time of writing this, there are 68.4BTC in the wallet from 2,945 transactions

    Below is the screenshot of the transaction

    Thank you for joining today's lecture.

    #AweSME #someeofficial #SoMee #crypto #trading
    The Genesis Block 1. What is Genesis Block The word Genesis is used to refer to the beginning of something. In Religion, it refers to the beginning of creation and life as we know it - the beginning of the beginning. The word also means the same thing in Blockchain terms. Simply put, The Genesis Block is the first ever block of a blockchain. It is the Adam of all blocks having no previous hash or ancestry behind it. As the original, it is the common history of every other block on the blockchain. It indirectly defines the hash of other blocks with its hash referenced in every new block. The Genesis Block of a Blockchain is regarded as the foundation of that blockchain. It is usually depicted as Block 0 on the Blockchain but some Blockchains refer to it as Block 1. Now we have known what The Genesis Block is, let us look at the Bitcoin Genesis Block. 2. WHAT IS BITCOIN GENESIS BLOCK In the beginning, there was fiat money and a conventional banking system. The Government controlled the whole financial system with their policies. Money and value were centralized. But then, in 2008, the Bitcoin Whitepaper was published with promising details of a decentralized digital cash system strictly on a peer-to-peer level. The dream was realized on the 3rd of January, 2009 when the anonymous Bitcoin founder(s), Satoshi Nakamoto, made a Bitcoin transaction giving birth to Block 0, the Bitcoin Genesis Block. This single event would later lead to a wide creation and adoption of cryptocurrencies which is still happening 12 years later. Mining the Genesis Block was easier than what we have today and the reward was a lot higher. The reward for mining a block today is 6.25BTC while that of the Genesis Block was 50BTC. The hash for the Genesis block is: 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f These coins were sent to an address where it remains untouchable and seemingly unspendable. The wallet address the coins were sent to is: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa If you check the wallet address on the Block explorer you would notice that there are more than 50BTC in the wallet. As of the time of writing this, there are 68.4BTC in the wallet from 2,945 transactions Below is the screenshot of the transaction Thank you for joining today's lecture. #AweSME #someeofficial #SoMee #crypto #trading
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  • The Bitcoin community has recently been abuzz with an existential debate over a new NFT project called Ordinals. The project, which is set to launch in the coming weeks, seeks to create a unique token system based on “ordinal numbers” that will allow users to assign numerical values and rankings (i.e., first place, second place) to digital assets such as artworks or collectibles.

    At its core, the goal of Ordinals is two fold: firstly it aims at creating an open-source platform for trading and exchanging these tokens; secondly it wants to establish an authoritative ranking system for digital items that could be used by collectors and investors alike when making decisions about what assets are worth buying or selling. This would provide buyers with more information about their purchases than ever before – something many consider essential in this rapidly growing market of non-fungible tokens (NFTs).

    However despite its potential promise there has been much criticism surrounding the concept from within the Bitcoin community - particularly those who believe that assigning value through rank orderings goes against Satoshi Nakamoto's original vision for cryptocurrency decentralization. These critics suggest that introducing arbitrary ordering systems into blockchain technology runs counterintuitively against one of Bitcoin's primary goals - namely trustless transactions between individuals without any third party intermediary involved whatsoever! While some may agree with this sentiment others argue just as strongly in favor of using ordinal numbers as they can help facilitate greater liquidity amongst traders while simultaneously providing additional insight into asset valuation models not previously available via traditional methods alone

    Ultimately only time will tell if Ordinals proves successful but regardless both sides have made compelling arguments regarding why either approach should be adopted moving forward so we'll all have wait until launch day arrives later this month!
    The Bitcoin community has recently been abuzz with an existential debate over a new NFT project called Ordinals. The project, which is set to launch in the coming weeks, seeks to create a unique token system based on “ordinal numbers” that will allow users to assign numerical values and rankings (i.e., first place, second place) to digital assets such as artworks or collectibles. At its core, the goal of Ordinals is two fold: firstly it aims at creating an open-source platform for trading and exchanging these tokens; secondly it wants to establish an authoritative ranking system for digital items that could be used by collectors and investors alike when making decisions about what assets are worth buying or selling. This would provide buyers with more information about their purchases than ever before – something many consider essential in this rapidly growing market of non-fungible tokens (NFTs). However despite its potential promise there has been much criticism surrounding the concept from within the Bitcoin community - particularly those who believe that assigning value through rank orderings goes against Satoshi Nakamoto's original vision for cryptocurrency decentralization. These critics suggest that introducing arbitrary ordering systems into blockchain technology runs counterintuitively against one of Bitcoin's primary goals - namely trustless transactions between individuals without any third party intermediary involved whatsoever! While some may agree with this sentiment others argue just as strongly in favor of using ordinal numbers as they can help facilitate greater liquidity amongst traders while simultaneously providing additional insight into asset valuation models not previously available via traditional methods alone Ultimately only time will tell if Ordinals proves successful but regardless both sides have made compelling arguments regarding why either approach should be adopted moving forward so we'll all have wait until launch day arrives later this month!
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  • Home of first Satoshi Nakamoto statue Hungary.
    Bitcoin with it's cryptographic technology has changed our fiance system as well as improve security in various departments ranging from finance, agriculture, healthcare, transportation and education.
    image source
    Home of first Satoshi Nakamoto statue Hungary. Bitcoin with it's cryptographic technology has changed our fiance system as well as improve security in various departments ranging from finance, agriculture, healthcare, transportation and education. image source
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  • Gamification SoMee!
    Just some food for thought after all the conversations in Telegram. I know it is on the agenda to implement and I really think SoMee and users can benefit massive from it. It will be more fair, more fun, more interaction, more together than alone, etc.
    See the image for some of the examples we could implement. I don't know if all is feasible from a technology point of view but this is just a first attempt.
    For rewards you can think of badges, SoMee merchandize, Power Boost packages (or extra days), Higher tiers to Ad Share Program, color schemes, etc.
    If there will be one for tagging than I am probably in the highest tier after this post ????
    Christopher J Kramer MarPhil LLC Aaron Kesel (Catoshi Nakamoto) The Full Monty Ken Smith Madam A Ferris Bejo Dohmen Nick Dong-Sik Roxy True Nora Dheyaa Mik Grey Warden JATIN CHAUHAN Nader Sven Flätchen The Irish Pilot Karolay Rebeca Brezelminer Apprentice dverns Light0n Crypto Laird Scott Guiles Jan Charles Tana Milagros Lammoglia NO Søren H Activist Post Decent Crypto Lj Quimpo Warlie Zambales Diaz
    Gamification SoMee! Just some food for thought after all the conversations in Telegram. I know it is on the agenda to implement and I really think SoMee and users can benefit massive from it. It will be more fair, more fun, more interaction, more together than alone, etc. See the image for some of the examples we could implement. I don't know if all is feasible from a technology point of view but this is just a first attempt. For rewards you can think of badges, SoMee merchandize, Power Boost packages (or extra days), Higher tiers to Ad Share Program, color schemes, etc. If there will be one for tagging than I am probably in the highest tier after this post ???? Christopher J Kramer MarPhil LLC Aaron Kesel (Catoshi Nakamoto) The Full Monty Ken Smith Madam A Ferris Bejo Dohmen Nick Dong-Sik Roxy True Nora Dheyaa Mik Grey Warden JATIN CHAUHAN Nader Sven Flätchen The Irish Pilot Karolay Rebeca Brezelminer Apprentice dverns Light0n Crypto Laird Scott Guiles Jan Charles Tana Milagros Lammoglia NO Søren H Activist Post Decent Crypto Lj Quimpo Warlie Zambales Diaz
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  • Life present opportunities everyday, but sometimes we don't get to choose those opportunities.
    As a crypto enthusiast it would be a pleasure to have a nice chat talk with creator of world immutable digital currency (BTC).
    What if you are given chance to have a one on one chat with anonymous Bitcoin crypto founder Satoshi nakamoto what would you ask him?
    newweek #sme #somee
    Life present opportunities everyday, but sometimes we don't get to choose those opportunities. As a crypto enthusiast it would be a pleasure to have a nice chat talk with creator of world immutable digital currency (BTC). What if you are given chance to have a one on one chat with anonymous Bitcoin crypto founder Satoshi nakamoto what would you ask him? newweek #sme #somee
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  • If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.
    – Satoshi Nakamoto
    If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry. – Satoshi Nakamoto
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  • author > Alex Dovbnya
    The block was mined on Nov. 22, 2009, just months after the very first Bitcoin transaction that took place in January 2009. Back then, Bitcoin was worth basically nothing because no exchanges existed back then. The earliest adopters would send Bitcoin as a hobby without expecting to make tons of cash with it.
    The wallet was created even before programmer Laszlo Hanyecz infamously spent 10,000 BTC ($435 million at press time) to buy two pizzas back in May 2010.
    Bitcoin eventually reached parity with the U.S. dollar only on Feb. 8, 2011.
    Whoever received these coins back then has managed to turn them into a $2.1 million fortune.
    Even though the address was created when Satoshi Nakamoto, the mysterious Bitcoin creator, was still active in the community, he is unlikely to be behind the transfer.
    The most obvious explanation is that someone has finally found his or her private keys to a multi-million-dollar Bitcoin stash. Some are also speculating that the owner of the address reactivated the wallet after getting out of prison.
    As reported by UToday, there have been numerous cases of old Bitcoin wallets being activated for the first time in years over the past few months. Still, it is quite rare to see untouched coins that go all the way back to Bitcoin's first year being on the move again.
    In May 2020, the Bitcoin price dropped after Whale Alert was notified of coins from a presumably Satoshi-owned wallet showing signs of life again. However, it later turned out that the transfer was not linked to the Bitcoin creator.
    author > Alex Dovbnya The block was mined on Nov. 22, 2009, just months after the very first Bitcoin transaction that took place in January 2009. Back then, Bitcoin was worth basically nothing because no exchanges existed back then. The earliest adopters would send Bitcoin as a hobby without expecting to make tons of cash with it. The wallet was created even before programmer Laszlo Hanyecz infamously spent 10,000 BTC ($435 million at press time) to buy two pizzas back in May 2010. Bitcoin eventually reached parity with the U.S. dollar only on Feb. 8, 2011. Whoever received these coins back then has managed to turn them into a $2.1 million fortune. Even though the address was created when Satoshi Nakamoto, the mysterious Bitcoin creator, was still active in the community, he is unlikely to be behind the transfer. The most obvious explanation is that someone has finally found his or her private keys to a multi-million-dollar Bitcoin stash. Some are also speculating that the owner of the address reactivated the wallet after getting out of prison. As reported by UToday, there have been numerous cases of old Bitcoin wallets being activated for the first time in years over the past few months. Still, it is quite rare to see untouched coins that go all the way back to Bitcoin's first year being on the move again. In May 2020, the Bitcoin price dropped after Whale Alert was notified of coins from a presumably Satoshi-owned wallet showing signs of life again. However, it later turned out that the transfer was not linked to the Bitcoin creator.
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  • One thing I am confident is that the market will go up. A protracted bull cycle is on the way, USD 100K Bitcoin is still a mid-term target and USD 250K is a long-term target.
    Honestly, it is too difficult to say when this dip will end when there is so much manipulation and whales are easily affected by FUD news, whether it is the threat of a new COVID-19 variant, a government pronouncement or policy which not only affects the crypto market but all other assets as well or the seemingly useless narrative about Evergrande.
    I quite hate it but then it is the market, users, particularly big players decide on the course it takes. Unfortunately, Bitcoin was supposed to be immune to these threats as envisioned by Satoshi Nakamoto. But then I see it as the fair price of institutional and mass adoption. People act based on their emotions and the general sentiment of the market even if it does not affect the crypto market at all.
    A few years from now, most of us will look back on these days as something petty or not worthy of so much attention in the same way when people worried of Bitcoin losing half of its value when its price was just a few hundreds. Those people must be looking at the charts right now and not even seeing how sharp were those dips based on the current price.
    It is during these dips when we are reminded that hodling is still the best way forward. Staking will get you more of the assets you hodl although you may be required to lock up those assets. Farming can help you amass profits if you do not really care about impermanent loss. After all farming rewards could even be more when compared to the impermanent loss you may incur.
    Always remember the buy low, sell high principle. Selling at a price lower than the price you bought your asset will not help you and you may contribute even more to the market bloodshed. But if you re holding shitcoins or memecoins, you may need to rethink your options.
    One thing I am confident is that the market will go up. A protracted bull cycle is on the way, USD 100K Bitcoin is still a mid-term target and USD 250K is a long-term target. Honestly, it is too difficult to say when this dip will end when there is so much manipulation and whales are easily affected by FUD news, whether it is the threat of a new COVID-19 variant, a government pronouncement or policy which not only affects the crypto market but all other assets as well or the seemingly useless narrative about Evergrande. I quite hate it but then it is the market, users, particularly big players decide on the course it takes. Unfortunately, Bitcoin was supposed to be immune to these threats as envisioned by Satoshi Nakamoto. But then I see it as the fair price of institutional and mass adoption. People act based on their emotions and the general sentiment of the market even if it does not affect the crypto market at all. A few years from now, most of us will look back on these days as something petty or not worthy of so much attention in the same way when people worried of Bitcoin losing half of its value when its price was just a few hundreds. Those people must be looking at the charts right now and not even seeing how sharp were those dips based on the current price. It is during these dips when we are reminded that hodling is still the best way forward. Staking will get you more of the assets you hodl although you may be required to lock up those assets. Farming can help you amass profits if you do not really care about impermanent loss. After all farming rewards could even be more when compared to the impermanent loss you may incur. Always remember the buy low, sell high principle. Selling at a price lower than the price you bought your asset will not help you and you may contribute even more to the market bloodshed. But if you re holding shitcoins or memecoins, you may need to rethink your options.
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