Brave people enjoy the world first, stepping into the Bitcoin time corridor with OKX Web3
Travel through time together and look back at the history of Bitcoin's development.Brave people enjoy the world first.
On May 22, 2010, crypto pioneer Laszlo Hanyecz purchased two pizzas for 10,000 BTC. This was not only the first transaction of a physical item in the history of cryptocurrency but also marked the first time BTC demonstrated its monetary attributes. Now, fourteen years later, the cryptocurrency industry is maturing.
To pay tribute to early crypto pioneers like Laszlo Hanyecz and to spread their spirit of bravery, adventure, and innovation to every corner of the world, the long-term builders of the crypto industry, OKX Web3, created a unique Bitcoin Time Museum on the streets of Taipei during the 2024 BTC Pizza Festival, attracting tens of thousands of visitors to journey through time and revisit the history of Bitcoin's development.
During the event, over a thousand people visited the Time Museum to take photos and celebrate together, participating in fun games to win OKX Web3 customized pizzas, beers, and other goodies. Additionally, notable figures such as Professor Liao Shih-Wei from National Taiwan University, well-known crypto KOL Sheng Jieshi, tech girl Li Tingting, and DA Studio founder Zi Jun also came to the site to take photos and commemorate the occasion.
Of course, it is worth mentioning that OKX Web3 also launched a Pizza Day Street Challenge, taking to the streets on Pizza Day with a seemingly "ordinary" card to surprise those who dare to boldly try new things, aiming to pay tribute to revolutionaries in the crypto industry like Laszlo Hanyecz and pioneering spirits, conveying the crypto spirit that brave people enjoy the world first.
Looking back at the history of Bitcoin's development, we can't help but marvel at the power of creation and innovation.
In November 2008, Satoshi Nakamoto published a paper on a cryptography mailing list, describing the Bitcoin electronic cash system for the first time. On January 3, 2009, Nakamoto successfully mined the first block of Bitcoin—the "Genesis Block"—on a small server in Helsinki, Finland, and received the first mining reward of 50 bitcoins.
As time progressed, Bitcoin gradually attracted more attention. On January 23, 2010, BitcoinTalk forum user Sabunir posted an interesting topic: "Newbie Test—Does anyone want to buy a picture for $1?" He asked if anyone was willing to buy a 1280x960 wallpaper for $1 in Bitcoin and left his wallet address. Just a month later, the 50 bitcoins were sent to his address, marking the first public Bitcoin transaction in the real world.
On May 22 of the same year, Bitcoin reached another milestone. Crypto pioneer Laszlo Hanyecz purchased two pizzas for 10,000 bitcoins, marking the first public Bitcoin transaction for a physical item. This event not only proved Bitcoin's practicality in real life but also became the source of the industry's annual Pizza Day celebration.
As time went on, Bitcoin's influence continued to grow. On January 14, 2012, Bitcoin made its first appearance in the American TV series Queen of the Court, further increasing its visibility among the public. Subsequently, Bitcoin's price continued to rise, and in March 2017, the price of one Bitcoin first exceeded the price of an ounce of gold. On November 28 of the same year, the trading price of Bitcoin broke through the $10,000 mark for the first time.
Fast forward to May 12, 2020, when the 630,000th block was mined, and the Bitcoin block reward was halved from 12.5 BTC to 6.25 BTC, marking the third halving in Bitcoin's history. This event signified an increase in mining difficulty and a reduction in rewards, while also enhancing the security and stability of the Bitcoin network.
In recent years, Bitcoin's acceptance has been steadily increasing worldwide. Especially this year, on January 10, the U.S. Securities and Exchange Commission (SEC) approved the first Bitcoin spot ETF, marking Bitcoin's official entry into the mainstream financial market and indicating a structural transformation in the crypto market centered around Bitcoin.
As an early builder in the industry, OKX Web3 has been committed to the construction of the Bitcoin ecosystem while paying tribute to industry pioneers.
As of now, the OKX Web3 wallet has launched Ordinals, Atomicals, and Runes markets, helping users experience the latest developments in the Bitcoin ecosystem in real-time while providing a one-stop entry for exploring the Bitcoin ecosystem. Additionally, with the continuous development of the Bitcoin ecosystem, the OKX Web3 team is building around the Bitcoin ecosystem from various aspects, including wallet tools, browsers, trading markets, protocol standards, cross-chain bridges, and Bitcoin Layer 2. In the future, OKX Web3 will uphold the spirit of innovation and embark on a new journey with the crypto industry.
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