Category:History

• August 18, 2008
  • Domain name "bitcoin.org" registered.
• October 31, 2008
  • Bitcoin design paper published
• November 09, 2008
  • Bitcoin project registered at SourceForge.net
• January 3, 2009
  • Genesis block established at 18:15:05 GMT
• January 11, 2009
  • Bitcoin v0.1 released and announced on the cryptography mailing list
• December 16, 2009
  • Bitcoin v0.2 released
• December 30, 2009
  • First difficulty increase at 06:11:04 GMT
• February 6, 2010
  • Bitcoin Market established
• May 22, 2010
  • laszlo first to buy pizza with Bitcoins agreeing upon paying 10,000 BTC for ~$25 worth of pizza courtesy of jercos
• July 7, 2010
  • Bitcoin v0.3 released
• July 11, 2010
  • Bitcoin v0.3 release mentioned on slashdot, bringing a large influx of new bitcoin users.
• July 12, 2010
  • Beginning of a 10x increase in exchange value over a 5 day period, from about $0.008/BTC to $0.08/BTC
• July 17, 2010
  • MtGox established
• July 18, 2010
  • ArtForz generated his first block after establishing his personal OpenCL GPU hash farm
• August 15, 2010
  • Bug in the bitcoin code allows a bad transaction into block 74638. Users quickly adopt fixed code and the "good" block chain overtook the bad one at a block height of 74691, 53 blocks later (Incidents#Value_overflow).
• September 14, 2010
  • jgarzik offered 10,000 BTC (valued at ~$600-650) to puddinpop to open source their windows-based CUDA client
• September 18, 2010
  • puddinpop released source to their windows-based CUDA client under MIT license
• September 29, 2010
  • kermit discovered a microtransactions exploit which precipitated the Bitcoin v0.3.13 release
• October 01, 2010
  • First public OpenCL miner released
• October 04, 2010
  • Original Bitcoin History wiki page (this page) established (ooh so meta) on Bitcoin.org's wiki.
• October 07, 2010
  • Exchange rate started climbing up from $0.06/BTC after several flat months.
• October 28, 2010
  • First bitcoin short sale transaction initiated, with a loan of 100 BTC by nanotube to kiba, facilitated by the #bitcoin-otc market.
• November 6, 2010
  • The Bitcoin economy passed US $1 million. The MtGox price touched USD $0.50/BTC.
• December 7, 2010
  • Bitcoind was compiled for the Nokia N900 mobile computer by doublec. The following day, ribuck sent him 0.42 BTC in the first portable-to-portable Bitcoin transaction.
• December 9, 2010
  • The generation difficulty passed 10,000.
  • First bitcoin call option contract sold, from nanotube to sgornick, via the #bitcoin-otc market.
• December 16, 2010
  • Bitcoin Pooled Mining, operated by slush, found its first block
• January 2, 2011
  • Tonal BitCoin units standardized.
• January 8, 2011
  • History of Bitcoin page (this page) created after replicating from original Bitcoin History page on Bitcoin.org.
  • Bitcoin Pooled Mining reached a total of 10,000 Mhash/s
• January 27, 2011
  • Largest numeric value ever traded for bitcoins thus far occurred on this date. Three currency bills from Zimbabwe, known as Zimdollars, were traded on #bitcoin-otc at the rate of 4 BTC for each of the one-hundred trillion dollar ($100,000,000,000,000) Zimbabwe notes^[1]
• January 28, 2011
  • Block 105000 was generated. This means that 5.25 million bitcoins have been generated, which is just over one-quarter of the eventual total of nearly 21 million.
• February 9, 2011
  • Decimal Bitcoin reached parity with the US dollar, touching $1 per BTC at MtGox.
• February 10, 2011
  • Bitcoin.org website struggles to handle traffic resulting from mentions on Slashdot^[2], Hacker News and Twitter following the news that parity had been reached.
• February 14, 2011
  • A vehicle was, for the first time, offered in exchange for a certain number of bitcoins^[3].
• March 6, 2011
  • Total Bitcoin network computation speed for a short time reached an all-time high of almost 900Ghash/sec, dropping to 500Ghash/sec soon after. Some speculate that this was due to some supercomputer or bot-net that joined the network (mystery miner).
• March 18, 2011
  • BTC/USD exchange rate reaches a 6-week low point at almost $0.70/BTC, after what appeared to be a short burst of, possibly automated, BTC sales at progressively lower prices. BTC price had been declining since the February 9 high.
• March 25, 2011
  • Difficulty decreased nearly 10%. A decrease has only occurred once before, and this decrease of nearly 10% was the largest.
• March 27, 2011
  • The first market for exchanging bitcoins to and from the British Pound Sterling BTC/GBP, Britcoin, opens.
• March 31, 2011
  • The first market for exchanging bitcoins to and from Brazilian Reals, Bitcoin Brazil, opens.
• April 5, 2011
  • The first market for exchanging bitcoins to and from the Polish złoty, BitMarket.eu, opens.
• April 12, 2011
  • First bitcoin put option contract sold via the #bitcoin-otc market.
• April 16, 2011
  • TIME does an article on Bitcoin.
• April 23, 2011
  • BTC/USD exchange rate reaches and passes parity with the Euro (EUR) on MtGox exchange.
  • BTC/USD exchange rate reaches and passes parity with the British Sterling Pound (GBP) on MtGox exchange.
  • Value of the Bitcoin money stock at current exchange rate passes $10 million USD threshold.
• April 27, 2011
  • VirWoX opens first market to trade bitcoins against a virtual currency on BTC/SL (Second Life Lindens) exchange.
• April 28, 2011
  • Block 120,630 is first to be mined using split allocation of the generation reward.
• April 30, 2011
  • The generation difficulty passed 100,000.
• May 10, 2011
  • The exchange rate at MtGox touched 6 USD per BTC.
• June 3, 2011
  • Tonal Bitcoin reached parity with the US cent, touching 1¢ per TBC at Bitcoin Market.
• June 24, 2011
  • The generation difficulty passed 1,000,000 with Block 133056.

References