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🍕HOW A 10,000 BITCOIN PIZZA CHANGED BITCOIN ● Today, May 22, marks 14 years since a Florida programmer made the first transaction using Bitcoin ● Laszlo Hanyecz spent 10,000 bitcoin to buy two Papa John’s pizzas ● His act is now mythologized as Bitcoin Pizza Day, celebrated throughout the crypto sector Bitcoin Pizza Day: Fourteen years ago today Laszlo Hanyecz paid 10,000 Bitcoin for a pizza, marking the first commercial transaction made using the cryptocurrency. And with it, Bitcoin Pizza Day was born. The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010. He wanted a pizza delivery “where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!” 🔾 Pizza Set the Stage for Bitcoin Revolution Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas. 💬 “I’ll pay 10,000 bitcoins for a couple of pizzas 
 like maybe 2 large ones so I have some leftover for the next day. I like having leftover pizza to nibble on later,” he said. 💬 “You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins
” Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin. The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices. More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion. $BTC #pizzaday #BTC

🍕HOW A 10,000 BITCOIN PIZZA CHANGED BITCOIN


● Today, May 22, marks 14 years since a Florida programmer made the first transaction using Bitcoin

● Laszlo Hanyecz spent 10,000 bitcoin to buy two Papa John’s pizzas

● His act is now mythologized as Bitcoin Pizza Day, celebrated throughout the crypto sector

Bitcoin Pizza Day: Fourteen years ago today Laszlo Hanyecz paid 10,000 Bitcoin for a pizza, marking the first commercial transaction made using the cryptocurrency. And with it, Bitcoin Pizza Day was born.

The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010.

He wanted a pizza delivery “where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!”

🔾 Pizza Set the Stage for Bitcoin Revolution

Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas.

💬 “I’ll pay 10,000 bitcoins for a couple of pizzas 
 like maybe 2 large ones so I have some leftover for the next day. I like having leftover pizza to nibble on later,” he said.

💬 “You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins
”

Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin.

The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices.

More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion.

$BTC #pizzaday #BTC

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⭐ Terra community to own chain after TFL wind-down; Coinbase exec slams SEC settlement Terraform Labs CEO Chris Amani said Terra will become a community project as the company winds down following a $4.5 billion SEC settlement. Amani wrote on June 12 that the community must “take over ownership of the chain.” He said that certain teams and developers want to handle the project and will announce their intent on the forums. Amani added that Terraform Labs “always intended to dissolve” and can now do so. He said the company was “well positioned to accelerate” if it had won the SEC case but no longer can operate because it lost the trial. Terraform Labs will continue to operate its products during the wind-down period. The company will sell Pulsar Finance, a cross-chain portfolio manager it acquired in late 2023, and two other products, Station Protocol and Enterprise Protocol. Additionally, Amani announced that TFL will post a proposal to burn all of its unvested Luna. The firm will also propose to burn any vested crypto that it holds in its wallets. 🔾 Coinbase CLO slams settlement The settlement has attracted attention elsewhere in the industry. Coinbase CEO Paul Grewal criticized the case’s outcome and highlighted its benefits for the SEC. Grewal said the outcome “just makes the SEC an unsecured creditor,” meaning the agency will receive funds through Terraform Labs’ bankruptcy case. He added that the firm orders Terra’s co-founder and former CEO Do Kwon to “hand over $7 million of assets.” 🔾 Grewal said: 💬 “It’s predictably on-brand 
 There’s zero meaningful relief to fraud victims. This is no way to regulate.” Meanwhile, Messari CEO Ryan Selkis also denounced the settlement amount and said it should go to a victims’ restitution fund over the SEC. He added that any other outcome should result in SEC Chair Gary Gary Gensler going “to prison for the rest of his life.” #TERRA
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📣 Ripple Develops Cross-Chain Bridge to Expand XRP’s Reach to Ethereum Ripple (XRP) has unveiled a development that aims to expand the reach of XRP and unlock new opportunities in the realms of decentralized finance (DeFi) and real-world assets (RWA). The introduction of the XRPL EVM Sidechain brings Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger, enabling seamless interoperability between the two ecosystems. Collaboration with Peersyst for Secure and Seamless User Experience According to a tweet by RippleX, the Ripple engineering team has joined forces with Peersyst to ensure the security and user-friendliness of the XRPL EVM Sidechain. With wrapped XRP serving as the native asset on the sidechain, the focus is on providing a smooth and secure bridging process for users to move their assets between the XRP Ledger and the EVM-compatible sidechain. To further enhance the security and efficiency of cross-chain transactions, Ripple has made the strategic decision to migrate to the Axelar network. Ferran Prat, CEO of Peersyst, endorses this move, stating, “Axelar is a battle-tested, production-ready bridge to bring XRP as a native currency to the XRPL EVM Sidechain.” By leveraging Axelar’s decentralized approach and strong validator network, Ripple aims to provide a secure and resilient bridge that safeguards users and the network as a whole. The choice of Axelar as the primary bridge for the XRPL EVM Sidechain is driven by Ripple’s commitment to simplifying the user journey and bolstering security. Axelar’s robust infrastructure and proven track record in facilitating secure cross-chain transactions make it an ideal partner for Ripple’s endeavor to expand the utility and reach of XRP. The XRPL EVM Sidechain not only enhances interoperability but also unlocks new opportunities in the growing DeFi and RWA sectors. With the ability to seamlessly bridge assets between the XRP Ledger and Ethereum, users and developers can now access a broader range of financial services and real-world use cases.   $XRP #XRP
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⭐ Chainlink CCIP and Automation Debuts on Gnosis, Aiming to Cut Gas Fees By 90% Gnosis has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Automation live on its mainnet, according to a press release shared with BSCN. This builds on their previous integration of Chainlink Price Feeds, allowing developers on Gnosis to leverage the full suite of Chainlink services. These tools reportedly provide access to data, compute, and cross-chain connectivity, enabling the creation of more advanced and secure on-chain applications. “With Chainlink CCIP and Automation now live on Gnosis, devs have access to secure blockchain interoperability and verifiable compute,” said Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs. “With highly reliable, secure, and decentralized Chainlink services available on Gnosis’s scalable chain, developers have the infrastructure needed to develop next-gen applications and scale them to mass adoption.” As per reports, Chainlink CCIP is recognized as the industry-standard solution for blockchain interoperability. With CCIP, Gnosis developers can now build applications capable of sending messages, transferring tokens, and initiating actions across various blockchain networks. This protocol is supported by Chainlink's Oracle infrastructure, which has reportedly facilitated over $12 trillion in on-chain transactions. 🔾 Enhancing Development with Chainlink Automation According to Chainlink, Automation provides a secure, reliable, and cost-effective automation service for Web3 developers. This service offers a variety of triggers, enabling new ways to connect applications on-chain. Through Automation's verifiable compute, Gnosis developers can offload compute-heavy tasks to the Chainlink Network. This maintains blockchain verifiability standards while reducing gas costs by up to 90%, opening up possibilities for advanced use cases. $LINK #LINK #Chainlink
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⚠ SHIB and PEPE Print Triple-Digit Surge in Large Transactions There is an ongoing revival in the broader digital currency ecosystem, and meme coins like Shiba Inu (SHIB) and PEPE are riding the waves. At the time of writing, the meme coin ecosystem is trading up by 4.47% in 24 hours to $58,026,790,606, and Shiba Inu and PEPE are up by 2.34% and 14.07% to $0.00002246 and $0.00001367, respectively. 🔾 More correlated bullish metric Besides the uniformity in the price surge, these meme coins have seen a triple digit in large transaction count from whales in their respective ecosystems. Per data from crypto analytics platform IntoTheBlock, SHIB has seen a 170.84% surge in its large transactions in 24 hours, pegging the volume traded at $467.2 million. This massive whale transaction came about from 436 recorded with a total of 21.62 trillion Shiba Inu. PEPE recorded a similar boost, with large transactions soaring by 127.87% to record $174.07 million. Just like Shiba Inu, PEPE whales have conducted a total of 419 transactions north of $100,000 in 24 hours. It is worth noting that while Shiba Inu recorded a 21.62 trillion SHIB trade, PEPE has managed 13.62 trillion tokens within the same time span. A similar trend in both meme coins' bullish metrics underscores how positively correlated they are to each other. It now remains to be seen if the whale impact can help sustain ongoing growth in the long term. 🔾 Where difference lies The correlation in the meme coin ecosystem is most beneficial to PEPE as it has almost no major internal fundamentals driving its bullish surge. This is where the token is different from Shiba Inu, which has Shibarium, and undergoes an intensive burning campaign in its bid to give its users value in the long term. Despite these differences, both Shiba Inu and PEPE are competing for dominance, setting an almost lifelong rivalry for both tokens. $SHIB $PEPE #SHIB #PEPE
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📣 Solana Labs’ New Customer Engagement Platform Built upon blockchain technology, Bond empowers brands to create personalized, transparent, and captivating digital experiences. It fosters deeper connections with customers and drives loyalty. Let’s see what a Bond is all about. 🔾 Elevating Customer Engagement with Blockchain-Powered Bond In today’s loyalty landscape, brands often grapple with significant challenges. Direct relationships with end consumers are frequently lost when products traverse wholesale channels, are resold, or are gifted. This complicates efforts to fully comprehend and analyze customer bases. Cross-brand partnerships encounter hurdles in sharing private data, risking compromised relationships and strategic control loss. Additionally, the inability to authenticate goods exposes brands to reputational harm and counterfeit threats. This initiative addresses these pressing issues by facilitating direct engagement through personalized communication and curated experiences. Bond empowers brands to tailor individualized journeys and targeted outreach by providing insights into customer preferences. Transparent blockchain verification ensures authenticity, fostering trust in purchases. Through these initiatives, brands not only enhance loyalty and growth but also facilitate secure collaborations. Bond offers solutions across various domains, including Digital Collectibles, Luxury Goods Authenticity, Digital Products, Passports + Identities, and Collaborative Campaigns. Leveraging the Solana blockchain, Bond guarantees fast transactions, true scalability, and low costs, ensuring a seamless user experience. Its straightforward integration process means brands can implement Bond without requiring any blockchain expertise. Solana Labs is thrilled to introduce Bond to the global market, empowering brands to transform customer relationships and drive long-term loyalty in today’s competitive landscape. $SOL #SOL #BOND
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