“We felt like we were doing God’s work,” explains cryptocurrency payments pioneer Erik Voorhees as he recalls trying to convert the unbelievers in the early days of Bitcoin.
The man whose gambling platform SatoshiDice was once responsible for half of all Bitcoin transactions, is now an elder statesman of crypto and the CEO of the ShapeShift exchange.
He remembers Bitcoin being written off as a joke at the Money 2020 conference in Las Vegas back in 2012. At the time he was working for BitInstant, one of the first Bitcoin exchanges, and they had a booth right next door to PayPal.
Bitcoin Cash (BCH) was created in August 2017, when Bitcoin had a fork which allowed to increase the size of the blocks and scalability. Bitcoin Cash (BCH) continued Satoshi’s dream that Bitcoin to be used as a peer-to-peer currency in daily transactions. Robert Ver promoted the block size increase in order to achieve the daily use transactions and low transfer fees. Even if Bitcoin Cash (BCH) is different from Bitcoin (BTC) by ideology and block size, it still uses Proof-of-Work (POW) to mine new coins. Since the 2017 fork, Bitcoin Cash upgraded to blocksize to 32MB blocks and evolved the coin into a method of payment used world-wide. The developers created a strong map that will lead BCH to a bright future.
REIMAGINE 2021 Virtual Blockchain Conference Tells History of Coins from Birth of Bitcoin and Beyond in Newest Series
RI2021 is telling the larger story of cryptocurrency and asking guests their opinion on significant events in the industry and their outlook on the future.
The series features the larger story of cryptocurrency asking guests such as Bitpay, Celsius, Lolli, and more their take on significant events in the industry. SAN FRANCISCO, CA, UNITED STATES, March 2, 2021 /EINPresswire.com/ MouseBelt Blockchain Accelerator an ecosystem supporting students and startups in the blockchain industry, announced today they will be releasing version 7.0 of their virtual conference series REIMAGINE 2021, on March 7. The event will follow the theme: “History of Coins”. As Bitcoin reaches new all time highs, many newcomers are entering the space. This version of the series seeks to educate newbies and veterans alike on important moments in cryptocurrencies h