You keep swapping cryptocurrency but don't know it came into existence

3goE...qinu
2 Mar 2024
39

You keep swapping cryptocurrencies but don't really know Blockchain came into existenceπŸ˜‚

Let me take you on a walk while telling you how this wonderful system came into existence.

One of the fundamental principles of Blockchain is the distribution of ledgers.

In 1990, the concept of Distributed ledger was introduced.

Then my Bitcoin daddy, Satoshi Nakamoto introduced the concept of Blockchain in 2009 and mined the first block of Bitcoin Blockchain called "Genesis Block".

Since then, blockchain technology has revolutionised digital transactions by introducing a decentralised yet tampered-free ledger

2011-2012; Cryptocurrency deployment was applied in the system.

2012-2013; Transfer of currency and payment gateway systems were introduced.

2013-2014; Financial markets started using Blockchain beyond cash transactions.

2014-2015; Smart Contracts evolved and played a big role in the technology.

2015-2016- Blockchain network systems were granted permission in banking system, healthcare, smart contract and many more industries 2016 till date.

Today Blockchain has a great influence on thousands of industries and the market has developed and expanded too with its promise of transparency and security.

I'll say this again, trust Blockchain
I'm glad you have something handy about Blockchain's history.

Meet me if you're coming across my post for the first time

πŸ’«Hi, my name's Pamela Okon

πŸ’«A Nigerian girl who is passionate about Blockchain and the impact Blockchain is doing in the world already. I help Blockchain companies achieve their goal with the right words

P.S: My favourite sport is Basketball but I haven't played it😫

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