History of Bitcoin

2 January 2013 BitPay Btc payment processing company, announced it had surpassed 10000 Bitcoin transactions for its merchants, with no cases of payment fraud reported. Bitcoin meetups in the Bay Area began in January 2013, organized by Ryan Singer and Jared Kenna. Pavol “Stick” Rusnák and Marek “Slush” Palatinus envisioned a small, single-purpose computer that would securely store users Btc private keys. In 2013, the two founded SatoshiLabs and created Trezor. 1 February 2013 Matthew Birkenshaw and Riley Alexander, began PizzaForCoins.com, a service that acted as a middleman to allow users to order pizza with BTC in exchange for a small BTC fee. 9 February 2013 Kim Dotcom announced that his cloud storage service, Mega, began accepting Bitcoin payments through bitvoucher.co 14 February, 2013 Reddit began accepting Bitcoin 17 February, 2013 Bitmarket.eu was hacked again. Loss 620 BTC 19 February, 2013 Version 0.8 of the Bitcoin client was released. It featured Bloom Filtering and improv...

Name: Adam Back Achievements: - computer science PhD in distributed systems from the University of Exeter. - He invented the proof-of-work algorithm that is the foundation of Bitcoin’s security model - The proof-of-work system Hashcash, invented in 1997 is a system to eliminate spam in email - Bitcoin whitepaper Reference number 6 Hashcash - A Denial of Service Counter-Measure - August 1, 2002 - Prefers the programming language C instead of C++ - implemented credlib, a library that implements the credential systems of Stefan Brands and David Chaum. - Joined BitcoinTalk 2013 and Bitcoin miner to late 2013 - Founded Blockstream  and ceo october 2016 - Was an applied crypography consultant to startups, worked for startups and bigger companies - Adam Back lost 108.45 Bitcoin on MT gox attack Websites: https://blockstream.com/ https://soundcloud.com/epicenterbitcoin/sets/blocksize-debate