When Blockchain was introduced in 2009 by the brainchild of a group or an individual, Satoshi Nakamoto, the entire world gasped in disbelief. An unarguable evidence of ingenious invention – Blockchain is considered the real star behind Bitcoin’s buzz today. https://www.thecryptoupdates.com/Bitcoin-price-today/
In order to understand the history of Bitcoin, it becomes important to talk about Blockchain. When the world is undergoing ‘quiet revolution’ powered by Blockchain, one should know how it all started https://www.thecryptoupdates.com/ethereum-price-today/
- The first ever innovations started with Bitcoin. Among the top 5 currencies worldwide, Bitcoin cash has seen the maximum gains. Used by a billion people today to get the payments done, the market capitalization of Bitcoin is around $140bn today.
- Blockchain and Bitcoin were separated from each other in the second phase.
- The third or ‘smart’ innovation was powered by Smart Contracts.
- The final and fourth innovation in the world of Blockchain was PoS or Proof of Stake. However, the current Blockchain functions on Proof of Work, which lets the person/group with the highest computing power to take decisions.
TRUTH BE TOLD– If Blockchain (The undermining tech of Bitcoin) was star, BITCOIN has definitely become the superstar going by the current market trends in the market.