SRS News Alert
BTC = 96,009.99 USD -1.02%
ETH = 3,622.01 USD +2.54%
XRP = 2.55 USD -0.3034%
Blockchain is like a digital ledger that keeps a record of transactions. It's decentralized, meaning no single entity controls it. Transactions are secured using cryptography, which makes them safe.
It uses a system called consensus to validate transactions, ensuring they're accurate. Once a transaction is recorded, it can't be changed, providing transparency and trust.
Blockchain is not just for cryptocurrencies; it has many other uses like tracking goods in supply chains or securing medical records.
| Year | Event |
|---|---|
| 2009 | Creation of Bitcoin by Satoshi Nakamoto. |
| 2010 | First real-world transaction using Bitcoin: 10,000 BTC for two pizzas. |
| 2011 | Introduction of alternative cryptocurrencies like Litecoin and Namecoin. |
| 2013 | Proposal of Ethereum by Vitalik Buterin, enabling smart contracts. |
| 2015 | Launch of Ethereum network and Ether cryptocurrency. |
| 2016 | Formation of Enterprise Ethereum Alliance for business use cases. |
| 2017 | Cryptocurrency market boom; Bitcoin reaches all-time high. |
| 2018 | Market correction leads to a "crypto winter." |
| 2019 | Blockchain development for finance, supply chain, and healthcare. |
| 2020 | Institutional interest in cryptocurrencies and blockchain. |
| 2021 | Adoption of blockchain by major companies for payments, supply chain, and security. |
| 2022 | Ongoing blockchain development for scalability and sustainability. |
| 2023 | Mainstream integration in finance, healthcare, and voting systems. |
| 2024 | Growth of decentralized finance (DeFi) platforms. |
| 2025 | Increased regulatory acceptance and government adoption. |