Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto

TOP 5 of the Bitcoin interesting facts that may surprise you!

By CryptoFacts | Crypto Facts | 17 Apr 2020

Here are 5 interesting facts about Bitcoin that you may not have known about!


1. First transaction

On 22 May 2010, the first bitcoin transaction was executed. The items purchased were two pizzas that cost $41 and at that time as much as 10,000 BTC. May 22nd is Bitcoin's World Pizza Day.

Bitcoin pizza


2. All the Bitcoins will be only 21 million

Unlike fiduciary currencies, the supply of Bitcoins is limited. That means they have a fixed number. There will only be 21 million of all BTCs, no more. Currently, about 18 million of them have been mined. The last Bitcoin will probably not be dug until 2140.

A lot of bitcoins


3. The creator of bitcoin is one big enigma

Although Bitcoin's creator is known to everyone under the code name Satoshi Nakamoto, his true identity is still undisclosed. Of course, since the creation of digital gold, there has been a lot of speculation about who the father of this cryptovaluta is. Although many of the daredevils tried to take credit for themselves for Nakamoto, none of them were able to provide evidence that would confirm their words. The truth is still shrouded in mystery.



4. Not so easy to get rid of Bitcoin

As Bitcoin operates outside the jurisdiction of the traditional banking system, it has gained many enemies. However, from the basic design of this digital gold it follows that it cannot be destroyed just like that. All because it's in a distributed system. Thousands of users from all over the world sustain its network. Governments can only prohibit the use of Bitcoin in their country. Of course, there are also those who have made BTC an official means of payment and are trying to regulate it. To sum up, this leading cryptovalent cannot be trampled on just because it represents a real threat to the current financial structure.



5. Anonymous but not entirely

When making payments through BTC, the user's name is not recorded anywhere, but the public address of his cryptographic wallet is visible. Please note that the information stored on the Bitcoin blockchain is public. This means that you can't stay completely anonymous. Each participant can view data such as the number of BTCs assigned to a given address, or the number of transactions that were made from it.


How do you rate this article?


Crypto Facts
Crypto Facts

This blog will be based on various curiosities about different crypto currencies and more

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.