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Message: <blockquote data-quote="DangerMan119" data-source="post: 22053602" data-attributes="member: 482193">Amazing Facts About Bitcoin 01.The founder of Bitcoin is someone known as “Satoshi  Nakamoto.” No one knows who he is, what his real name is, or where he  lives. As of 2017, he owns up to one million bitcoins which have an  estimated value of $2.7 billion <img src="https://i.imgur.com/tgHmCi7.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> The only personal information available about Satoshi Nakamoto (his  pseudonym) is based on claims and speculation. He is claimed to be a  Japanese man born in April 1975. However, all the speculation regarding  his identity was mainly focused on non-Japanese cryptographers and  computer science experts residing in the United States. It was because  of his use of perfect English, occasionally with British spelling, and  as no Japanese labels or documents were found in his software. It is  believed that he began coding Bitcoin software in 2007 and collaborated  with other developers until 2010. After that, he handed over the reins  to Gavin Andresen, his collaborator, and made him the lead developer of  Bitcoin Core 02.The first real-world transaction using Bitcoin was done to  purchase two large, Papa John’s pizzas for 10,000 bitcoins. As of August  2017, that amount is now worth $27 million <img src="https://i.imgur.com/wZ3lojC.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> 03.Unlike what most people think, bitcoins are not unlimited. The number of bitcoins in circulation will never exceed 21 million <img src="https://i.imgur.com/GIKOjhi.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> 04.The global Bitcoin computing power is 256 times faster than that of top 500 supercomputers combined! 05. Bitcoin has been sent into outer space Genesis Mining, the largest cloud mining company that sells Bitcoin  mining contracts, has recently made the first ever peer-to-peer  transaction in space. They’ve sent a paper wallet attached to the back  of a 3D model bitcoin into space using a weather balloon. It crossed the  Armstrong limit of 20 kilometers and reached a distance of 34  kilometers 06. Bitcoin uses a public ledger called “block chain” for  transactions. The invention of block chain made Bitcoin the first  digital currency to solve the problem of double spending, an error in  digital cash which allows the same token to be spent twice or more. <img src="https://i.imgur.com/KqT7H3Z.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> A blockchain (or block chain) is a distributed database of the public  ledger that records all bitcoin transactions. Being a distributed  database, it doesn’t need a central authority and is maintained by a  network of communicating nodes running Bitcoin software. These nodes  validate the transactions they receive and add them to their ledger.  Also, around once every ten minutes, a newly created group of accepted  transactions, or a block, gets added to the blockchain. It is then  broadcast to other nodes so that each network stores its own copy of the  blockchain. This ensures that the Bitcoin software knows when an amount  is spent, preventing double spending 07. If you had invested $100 in Bitcoin in 2010, you’d be worth $72 million now <img src="https://i.imgur.com/mBTCPrx.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> Since it was founded in 2009, the value of bitcoins has increased exponentially. Today a single bitcoin is <a href="https://price.bitcoin.com/" target="_blank">worth</a>  around $2,782. Had you bought $100 of bitcoins in 2010 at the 0.003  percent price, you would have $72.9 million as of May 2017. In an  interesting incident, while writing a thesis on encryption a Norwegian  student, Kristoffer Koch, invested 150 kroner ($26.60) in 5,000 bitcoins  in 2009. He soon forgot about his investment until Bitcoin became a  widely covered topic on the media in April 2013. When he checked his  wallet, he found his 5,000 bitcoins and, at the time of his rediscovery,  they were worth 5 million kronor ($886,000) 08.The largest transaction ever made on the network was for  194,993 bitcoins. That was more than $147 million according to the  effective rate in November 2013. The transaction was tagged “Sh*t Load  of Money!” 09. Every bitcoin transaction, no matter how small, uses at  least enough electricity to power three average homes for an entire day. 10.The FBI has the world’s largest Bitcoin wallets consisting seized bitcoins, apart from Satoshi Nakamoto <img src="https://i.imgur.com/PHswK3p.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> After shutting down the “Silk Road,” the online drug market, in  September 2013, the FBI seized all the bitcoins belonging to its  operator, Dread Pirate Roberts. The seizure made the FBI the owner of  one of the world’s biggest wallets containing over 144,000 and 30,000  bitcoins. It is believed that they have also seized 96,000 bitcoins from  another, similar operation called “Sheep Marketplace.” The FBI is  probably the world’s second largest bitcoin holder as the first place  belongs to Satoshi Nakamoto, who is said to have mined around one  million bitcoins in the beginning. <a href="https://www.unbelievable-facts.com/2017/08/facts-about-bitcoin.html" target="_blank">Source</a> </blockquote>

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