OKX Creates “Bitcoin Time Museum”
Brave individuals enjoy the world first.
On May 22, 2010, the crypto pioneer Laszlo Hanyecz used 10,000 bitcoins (BTC) to purchase two pizzas. This transaction not only marked the first real-world transaction with cryptocurrency but also demonstrated the monetary attributes of Bitcoin. Now, fourteen years later, the cryptocurrency industry is maturing.
In order to pay tribute to early crypto pioneers like Laszlo Hanyecz and spread their spirit of bravery, adventure, and innovation to every corner of the world, OKX Web3, a long-term builder in the crypto industry, has created a unique “Bitcoin Time Museum” on the streets of Taipei during the 2024 Bitcoin Pizza Day. This museum has attracted tens of thousands of visitors, allowing them to travel through time and look back on the history of Bitcoin development.
During the event, over a thousand people visited the Time Museum to take photos and participate in fun games, earning custom-made pizzas, beers, and merchandise from OKX Web3. In addition, prominent figures such as Professor Liao Shiwei from National Taiwan University, well-known crypto KOL Saint Kitten, computer science girl Li Tingting, and DA Studio founder Zi Jun also visited the venue to take photos and leave their mark.
Of course, worth mentioning is the “Pizza Day Street Challenge” initiated by OKX Web3, where they took to the streets on Pizza Day, surprising people who are willing to boldly try new things with seemingly “ordinary” cards. This initiative aims to pay tribute to the revolutionaries and pioneers in the crypto industry, like Laszlo Hanyecz, and deliver the spirit of bravery, where the brave get to enjoy the world first.
Further reading:
What is Bitcoin Pizza Day? Unveiling the story behind the “billion-dollar” transaction – there’s a reason why fans love it
From birth to 70,000 milestones: The journey of Bitcoin
Looking back at the history of Bitcoin’s development, we can’t help but marvel at the power of creation and innovation.
In November 2008, Satoshi Nakamoto published a paper on a cryptography website, describing for the first time the electronic cash system called Bitcoin. On January 3, 2009, Satoshi successfully mined the first block of Bitcoin, known as the “Genesis Block,” on a small server in Helsinki, Finland, and received the first mining reward of 50 bitcoins.
As time went on, Bitcoin gradually attracted more attention. On January 23, 2010, a user named Sabunir on the BitcoinTalk forum posted an interesting topic: “A beginner’s test – Does anyone want to buy a picture for $1?” He asked if anyone was willing to buy a wallpaper with a resolution of 1280×960 for 1 bitcoin and left his wallet address. Just a month later, the 50 bitcoins were sent to his address, becoming the first publicly known real-world Bitcoin transaction.
On May 22 of the same year, Bitcoin reached another milestone event. Crypto pioneer Laszlo Hanyecz used 10,000 bitcoins to purchase 2 pizzas, marking the first public Bitcoin purchase of physical goods. This event not only proved the practicality of Bitcoin in real life but also became the origin of the annual Pizza Day in the industry.
Over time, the influence of Bitcoin continued to grow. On January 14, 2012, Bitcoin made its first appearance in the American TV series “The Good Wife,” further increasing its popularity among the public. Since then, the price of Bitcoin has continued to rise, and in March 2017, the price of one bitcoin exceeded the price of an ounce of gold for the first time. On November 28 of the same year, the trading price of Bitcoin broke through the $10,000 mark for the first time.
On May 12, 2020, the 630,000th block was mined, and the block reward for Bitcoin decreased from 12.5 BTC to 6.25 BTC, marking the third halving in Bitcoin’s history. This event signifies an increase in Bitcoin mining difficulty and a reduction in rewards, but it also promotes the security and stability of the Bitcoin network.
In recent years, Bitcoin’s acceptance has been increasing globally. Especially this year, on January 10, the U.S. Securities and Exchange Commission (SEC) approved the first Bitcoin spot ETF, marking Bitcoin’s formal entry into the mainstream financial market and indicating a structural change in the Bitcoin-centric crypto market.
As early builders in the industry, OKX Web3 has been paying tribute to industry pioneers and working on the development of the Bitcoin ecosystem.
Currently, the OKX Web3 wallet has launched markets such as Ordinals, Atomicals, and Runes, allowing users to experience the latest developments in the Bitcoin ecosystem firsthand and providing a one-stop entry for users to explore the Bitcoin ecosystem. In addition, as the Bitcoin ecosystem continues to evolve, the OKX Web3 team is building around various aspects, including wallet tools, browsers, trading markets, protocol standards, cross-chain bridges, and Bitcoin Layer 2. In the future, OKX Web3 will uphold the spirit of innovation and embark on a new journey together with the crypto industry.
OKX is establishing a Bitcoin Time Museum and hosting a street challenge on Pizza Day. How much are you willing to spend to acquire a mysterious card?
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