Sirwin
Sirwin

The first altcoin is now nine years old


 

It has been 9 years since the launch of the first altcoin, Mastercoin. At the time of its creation, it appears that J.R. Willet was a visionary, as he proposed to extend the functions and interactions of Bitcoin by using it as a protocol. Come on, the guy already saw DeFi before anyone had talked about them.

After the proposal, he opened a discussion forum on the idea and thereby attracted the interest of the community. A year later, the first ICO in history was held, in which you could exchange your Bitcoin for 100 times your investment in Mastercoin. The project raised more than 4,700 BTC. So on July 31, 2013, the first shitcoin was born. After the appearance of Ethereum and many other currencies, the initial interest disappeared and in 2015 Mastercoin was renamed Omni Layer.

It's amazing how the market has grown since then and how little it has evolved.

What is your favorite altcoin?

Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

 

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This post was also published in read.cash by me, The Crazy Dude

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The Crazy Dude
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I am interested in this new era we are coming into. I will post all the things I´ll found. @The_passenger80 follow me on Twitter


Cryptoworld by The Crazy Dude
Cryptoworld by The Crazy Dude

Initial nonfinancial advice for people who start their journey in this field, conspiracy news, and personal thoughts. Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

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