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1982
David Chaum proposes first block-chain-like Protocol
David Chaum writes about the blockchain idea in his dissertation “Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups.”
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1991
Scott Stornetta and Stuart Haber Introduce the concept of Blockchain
Stronetta and Haver introduce securing of chained blocks quickly followed by the introduction of Merkle trees into the design.
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2008
Satoshi Nakamoto conceptualizes bitcoin
Bitcoin.org is registered in August of 2008 and Satoshi releases a paper titled “Bitcoin: a peer-to-peer electronic cash system” in October
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2008
Bitcoin Genesis Block
As a response to the instability of reserve banking, Satashi mines the starting block of Bitcoin known as teh Genesis block. embedded within the block was the text: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”
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2009
Laszlo Hanyecz Buys Pizza for ₿10,000
In what may result in the most expensive pizza purchase of all time, Hanyecz purchases two Papa John’s pizzas for ₿10,000. This is the first known commercial transaction using bitcoin. In early 2021 dollars this would be ~$380 million.
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2011
The Black Market
Silk Road gains traction as users leverage Bitcoin for black market purchases. Bitcoin peaks to around ~$30 in june.
A Brief History of NFT Art
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