Historical Events in Cryptocurrency
1. **Bitcoin Whitepaper (2008):** Satoshi Nakamoto releases the Bitcoin whitepaper, outlining the concept of a decentralized digital currency.
2. **Bitcoin Network Launch (2009):** The first block, known as the "genesis block" or "Block 0," is mined by Nakamoto, marking the official start of the Bitcoin blockchain.
3. **First Bitcoin Transaction (2010):** Laszlo Hanyecz makes the first recorded real-world transaction using Bitcoin, purchasing two pizzas for 10,000 BTC.
4. **Mt. Gox Hack (2014):** Mt. Gox, a major Bitcoin exchange, declares bankruptcy after losing approximately 850,000 BTC in a hacking incident.
5. **Ethereum ICO (2014):** Ethereum, founded by Vitalik Buterin, raises funds through an Initial Coin Offering (ICO), introducing the concept of smart contracts.
6. **DAO Hack (2016):** A vulnerability in a smart contract leads to a significant hack of the Decentralized Autonomous Organization (DAO), resulting in a contentious hard fork to reverse the transactions.
7. **Bitcoin's Segregated Witness (SegWit) Activation (2017):** A protocol upgrade is implemented to address scalability issues within the Bitcoin network.
8. **Bitcoin Price Surge (2017):** Bitcoin reaches an all-time high near $20,000, gaining widespread attention and sparking discussions about the mainstream adoption of cryptocurrencies.
9. **ICO Boom (2017-2018):** Initial Coin Offerings (ICOs) experience a surge in popularity, with numerous projects raising substantial funds, but regulatory scrutiny also increases.
10. **Crypto Winter (2018-2019):** Following the 2017 bull run, the cryptocurrency market experiences a prolonged bear market, with significant price declines and increased regulatory scrutiny.
11. **Bitcoin Halving Events (2012, 2016, 2020):** Bitcoin undergoes halving events approximately every four years, reducing the rate at which new coins are created, impacting its supply dynamics and often influencing its price.
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