5 fun facts about Bitcoin

Bitcoin is the criptomoneda most popular today. Since its inception about a decade ago, each day more people join the wave believer in the advantages it offers. However, there are things that perhaps are not wise about it and here you have.

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1. Interesting theory on who could be Satoshi Nakamoto

As you probably already know, up to now it is unknown the identity of the creator or creators of Bitcoin. However, there are many theories about it but this is one that may call your attention. Some have suggested that behind the Bitcoin are the following companies: Samsung, Toshiba, Nakamichi. “Satoshi Nakamoto”: Sa msung and Toshi-ba – Satoshi / Naka michi and Moto rola – Nakamoto Naka michi and Moto rola – Nakamoto The veracity of this is questionable, but it is an interesting idea… isn’t it?

2. The first purchase with Bitcoin was made in 2010 and it was a pizza

Currently, the Bitcoin is much more popular than he was in 2010, because at that time almost had no value. It cost cents to buy them. That is why his employment as a method of payment is very different today than it was in 2010. It was not until the 22 of may of 2010, when it made the first purchase using Bitcoin, and it was to buy a pizza. That is why it is said that this day is considered the Day of the Pizza Bitcoin, however, you are going to impress when you know the amount that Laszlo Hanyecz exchanged for two pizzas from Papa John’s: we Were the 10,000 BTC! Can you imagine buying a pizza with 10,000 BTC today? Neither do we. To this was then equivalent to US$ 41, but today far exceeds that amount. That’s why, wherever Laszlo is perhaps to be regretted.

3. If you lose your private key, you lose your cryptocurrencies. This happened to someone else

James Howells is the unfortunate that lost about 7,500 Bitcoin in November of 2013, as while he cleaned his house, threw away a hard drive that had the private key of this amount of Bitcoin that you mined three years before. This man fell on account of his mistake to see in the news stories of people who had become millionaires to buy BTC cheap on their beginnings. Calculated you now the price of those 7500 BTC and cries with James. Without those private keys basically lost their funds forever, and no one can have access to them either. Therefore, don’t never lose sight of these keys!

4. There is a limit of production: only be 21 million BTC

So as you read, only 21 million. Therefore, it is estimated that over 99% will be in circulation by 2040 and the last 1% will erode around 2140. After this date, you will not be able to be mined more coins Bitcoin. Thus, many people today are interested in acquiring Bitcoin as a method of investment, rather than as a method of payment.

5. An error led to the accidental creation 184,000 million of BTC in 2010

Known as the incident of the overflow of the value, this error led to the accidental creation of a large number of coins in August of 2010 at the height of the block 74638. The error was corrected after 5 hours, creating a Bitcoin client patched (version 0.3.10) that I was unaware of the excess coins. As the majority of the miners and nodes accepted to this new customer, the error was “bifurcated” and deleting the Blockchain. If you know more curious facts about this criptomoneda that have not been mentioned here, I leave them in the comments! The following two tabs change content below. A degree in Liberal Studies from the Metropolitan University. Lover of innovation and a believer of the technology for the future.

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