Finest Moments of crypto.
Each journey leaves some footprint and incredible moments from which the upcoming generations knows about it. Exactly Crypto has morvolus, rich and full of adventure journey till now. High tides , smooth candles, awesome initiatives and deep loses, collapses , scams and frauds are part of it .
Definitely there will be lot of Finest moments in Crypto history but as I am student of Crypto verse and according to my vision Crypto has following finest Moments in its journey till now.
- The creation of Bitcoin in 2009 by an anonymous individual or group known as Satoshi Nakamoto. This event marked the beginning of decentralized cryptocurrency and has had a significant impact on the financial industry. I count it top of finest Moments because the script is Bitcoin is base of whole Crypto trigonometry.
- The Mt.Gox hack in 2014, which resulted in the loss of 850,000 Bitcoins (worth approximately 450 million at the time) and had a major impact on the price of Bitcoin.450million) leave a huge impact on prices of Crypto. Also became the top source of attraction to investors towards Crypto. It also proved a turning point for enhancing the security level and adopt the L1 system.
- The launch of Ethereum in 2015 by Vitalik Buterin. Ethereum is an open-source blockchain platform that allows for the creation of smart contracts and decentralized applications (dApps). Here a competition environment born and people got another alternative to invest on Thier own choice.
- The first successful initial coin offering (ICO) in 2017, which raised over 15 million for the project Tezos. This moment gives opportunity very first time to common people to get share in Crypto and opened gateway for upcoming projects.
- The rise of non-fungible tokens (NFTs) in 2021 which have gained mainstream attention and have been used to sell digital art, collectibles, and other items. The gateway of NFT gives job to digital artists and become a source of multiple investment in Crypto.
- Crypto and it's usage was a controversial thing in Muslim world due to its interest attachments ( which is forbidden and lot of scholars were against the crypto), unknown source of income, invisible trading community and doubtful mechanism of stacking and lending. In middle of 2021 Naquib Mohammed initiated a new era and launched MRHB ( MARHABA) , The first ever Halal defi solution which totally islamic compliance and islamic shari'aya board approved. This thing reduces the gab of Muslim world and crypto adoption. Then later other projects also came as ISLM on Haqq Blockchain as well.
- The introduction of central bank digital currencies (CBDCs) by various governments around the world, which have the potential to revolutionize the way we think about money and financial systems. Digital currency by backing up with official authentication gives wings to Blockchain technology and defi protocol.
Lot of videos are available on history and moments of crypto but I found more comprehensive one here ,
Conclusion.
Crypto has rich history in creation, adoption, scams and beautiful moments. After years of fiat economy crypto giving alternative solutions in payment methods with paperless, non alter able and swift speed. In the journey of the crypto definitely good and bad moments are rising where I describe only blissful moments above.
That's all for today. Hope you enjoy the reading of facts and finest Moments in Crypto. Follow , like and pour some Satoshi to encourage me.
Note: The article also published on read.cash.
Title image taken from Pixabay
Cheers,
Amjad