Here are some fascinating facts about Bitcoin that you might not be aware of:
1. Honey Badger No Longer the Mascot: The honey badger used to be Bitcoin's unofficial animal mascot, but it has since changed.
2. Accidental Creation of 184 Billion BTC: In 2010, a bug led to the accidental creation of 184 billion BTC. Fortunately, this issue was resolved with an updated version of Bitcoin.
3. Estimated Last Bitcoin Mining: While the maximum number of bitcoins remains at 21 million, it is now estimated that the last bitcoin will be mined around 2040.
4. Smallest Unit: Satoshi: The smallest unit of bitcoin is called a âsatoshi,â which is equal to 0.00000001 BTC.
5. Bitcoin Pizza Day: On May 22nd, Laszlo Hanyecz made the first recorded Bitcoin transaction by paying 10,000 BTC for two pizzas from Papa John's. Those pizzas would be worth millions today! đđ.
6. Bitcoin's Originator Still Unknown: The true identity of Bitcoin's founder, using the alias Satoshi Nakamoto, remains a mystery.
7. Splitting BTC: A satoshi can be further divided into 8 zeros, allowing for even smaller fractions of bitcoin.
8. Bitcoin's Finite Supply: Around 80% of the total bitcoins that will ever exist have already been mined. Bitcoin is not infinite, and it's believed that the currency will be exhausted by the year 2140.
9. Crime and Mishaps: Bitcoin has not been immune to crime. In an overflowing incident due to a block number error, hackers generated about 184 billion BTC
, which was later rectified.
10. Widespread Acceptance: Bitcoin is now widely accepted worldwide. You can use it to buy anything from a Starbucks coffee to a Lamborghini.
Bitcoin's journey is full of surprises, and there's always more to learn about this revolutionary cryptocurrency! đđ
