OKX Creates “Bitcoin Time Museum”
The brave are the first to enjoy the world.
On May 22, 2010, cryptocurrency pioneer Laszlo Hanyecz used 10,000 bitcoins (BTC) to purchase two pizzas. This was not only the first transaction of physical goods in cryptocurrency history, but also the first manifestation of bitcoin as a currency. Now, fourteen years later, the development of the cryptocurrency industry is moving towards maturity.
In order to pay tribute to early cryptocurrency pioneers like Laszlo Hanyecz and spread their brave, adventurous, and pioneering spirit to every corner of the world, OKX Web3, a long-term builder of the cryptocurrency industry, has created a unique “Bitcoin Time Museum” on the streets of Taipei during the 2024 Bitcoin Pizza Day. It has attracted tens of thousands of people to travel through time and review the history of bitcoin development.
During the event, over a thousand people visited the Time Museum to take photos and join the celebration. They also participated in fun games to win customized pizzas, beers, and merchandise from OKX Web3. In addition, Professor Liao Shih-wei from National Taiwan University, well-known Taipei cryptocurrency KOL Saint Kishi, computer science girl Li Tingting, and DA Studio founder Zi-Jun also came to the scene to take photos.
Of course, it is worth mentioning that OKX Web3 also launched a “Pizza Day Street Challenge” to honor the revolutionaries and brave pioneers in the cryptocurrency industry, like Laszlo Hanyecz, who dared to boldly try new things. They surprised people with seemingly “ordinary” cards on Pizza Day, aiming to spread the spirit of brave people enjoying the world first in the cryptocurrency world.
Further reading:
What is Bitcoin Pizza Day? Revealing the story behind the “billion-dollar” transaction, the love of fans is not without reason.
From birth to reaching 70,000, how has Bitcoin come all the way?
Looking back at the history of Bitcoin development, we can’t help but admire the power of creation and innovation.
In November 2008, Satoshi Nakamoto published a paper on a cryptography mailing list, which described the Bitcoin electronic cash system for the first time. On January 3, 2009, Satoshi Nakamoto successfully mined the first block of bitcoin, the “Genesis Block,” on a small server in Helsinki, Finland, and received the first batch of 50 bitcoins as a mining reward.
As time went on, Bitcoin gradually attracted more attention. On January 23, 2010, a BitcoinTalk forum user named Sabunir posted an interesting topic on the forum: “Test for beginners—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, those 50 bitcoins were sent to his address, becoming the first publicly known real-world transaction with bitcoin.
On May 22 of the same year, Bitcoin reached another milestone event. Cryptocurrency pioneer Laszlo Hanyecz used 10,000 bitcoins to buy two pizzas, marking the first public transaction of bitcoin for physical goods. This event not only proved the practicality of bitcoin in real life but also became the origin of the annual Pizza Day festival in the industry.
As time went by, the influence of Bitcoin continued to grow. On January 14, 2012, Bitcoin appeared for the first time 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. 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 also surpassed $10,000 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. This was the third halving in the history of bitcoin. This event marked an increase in mining difficulty and a decrease in rewards, but it also promoted the security and stability of the Bitcoin network.
In recent years, Bitcoin’s acceptance has been increasing worldwide. Especially this year, on January 10, the U.S. Securities and Exchange Commission (SEC) approved the first Bitcoin spot ETF, marking the official entry of Bitcoin into the mainstream financial market. It also signifies a structural change in the Bitcoin-centered cryptocurrency market.
As early builders in the industry, OKX Web3 has been paying tribute to industry pioneers and has been committed to the development of the Bitcoin ecosystem.
So far, OKX Web3 Wallet has launched the Ordinals, Atomicals, and Runes markets, allowing users to experience the latest developments in the Bitcoin ecosystem in real-time. It also provides users with a one-stop entrance to explore the Bitcoin ecosystem. In addition, as the Bitcoin ecosystem continues to evolve, the OKX Web3 team is constructing various aspects of the Bitcoin ecosystem, including wallet tools, browsers, trading markets, protocol standards, cross-chain bridges, and Bitcoin Layer 2 solutions. In the future, OKX Web3 will uphold the spirit of innovation and embark on a new journey together with the cryptocurrency industry.
