It has recently come to our attention that the domain, Bitcoin.org was registered near the same time ten years ago, marking a decade’s celebration. Bitcoin is boldy a decade old idea in action that has been executed from its day-1 whitepaper, and is now a $110 Billion market cap and has been as high as $320 Billion at the peak of the last bull run. News regarding the 10th birthday was first revealed via the decentralized website itself, with a breakdown of how far Bitcoin has reached thus far.
Bitcoin.org was owned and registered by two of its developers, Satoshi Nakamoto and Martti Malmi. Since then, the former gave up their position in the project by splitting the responsibility between several individuals to ensure no one gains control.
While the hunt for Nakamoto is ongoing, the original goal of creating an open source, peer to peer network still remains. According to web-based hosting service provider, GitHub, there are “over 4,400 commits from 245 contributors from all around the world,” adding that the diversity of users can be reflected in the “now 27 different languages and growing” available via Bitcoin.org.
As for Bitcoin’s successes, the team behind Bitcoin.org gave an overview of their highlights on a year to year basis. For instance, 2009 signifies the existence of Bitcoin, with focus on the notion, peer-to-peer currency. In 2010, Bitcoin’s 0.3 version was launched, all the way to its specs, educational aspects and more.
Bitcoin.org Was Not All Rainbows and Sunshine
Although, Bitcoin.org is celebrating its 10th birthday, it doesn’t mean that the web domain had a smooth journey throughout.
According to CCN’s report, Bitcoin.org was against the “SegWit2x proposal”, which many viewed as a viable solution for the giant’s long wait times and spike in transaction prices. Whether it is a matter of egotism, especially considering the fact that it is the original website, since the proposal, anyone who supported the SegWit2x was looked down upon.
A said announcement was made in regard to this matter, which read, “The signatories of this agreement [SegWit2x] wrongly believe that the currency created by adopting this contentious hard fork will eventually become Bitcoin […] Storing any BTC on services such as Coinbase, BitPay and Xapo is strongly not recommended.”
This was not setting well with many crypto enthusiasts, as they strongly saw the issue as opposing Satoshi’s original values for the crypto giant. This is supposedly not the only problem, however, what is success if one cannot overcome hurdles?
Will you be celebrating Bitcoin.org’s 10th birthday, if so, how? Share below.
For further reading, look into the ‘way' in which Craig Wright, leading candidate of being Satoshi, he actually revealed how the process worked in registering the domain.
This day 10 years ago. The paper: “Electronic cash without a trusted third party”
was retitled: “BITCOIN: A Peer to peer Electronic Cash System”
On Sunday 17th August 2008 AEST the bitcoin domain was registered. The domain was officially registered on August 18, 2018 per most registrar checkers, but there is some backstory to how the process was in getting through the ‘anonymous' domain registering process circa 2008.
Now there is a new battle going on within the blockchain community in Ethereum's Vitalik Buterin is beefing with Craig ‘Satoshi' Wright, who if is indeed Mr. Nakamoto would be Bitcoin's creator – we would have the two biggest creators within the DLT-era that truly impacted what will be remembered as the ‘early days' in Bitcoin's natural evolution.
Regardless of who did it or the group of at least 2-3 it seems to have been, someone was making the executive decisions and went with Bitcoin vs Bitcash etc and did it on the exact dates mentioned within here. Just some more history to digest inside this 10 year running digital asset economy.