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Bitcoin Genesis Block Turns 10 As Crypto Advances Into 2019

January 2, 2019

Tomorrow, January 3, 2019, marks 10 years since Satoshi Nakamoto released the Bitcoin code into the wild and created the genesis block, sparking an open source movement for a decentralized future. Many celebrated Bitcoin’s 10th birthday in 2018 on October 31st (the day Satoshi released the Bitcoin whitepaper). However, it was only on January 3 of the following year that the genesis block was created.

Since this watershed moment, although a rollercoaster ride, the industry has undeniably grown and steadily gained mainstream adoption. Satoshi arguably created the most innovative technology since the internet, and while this nascent industry remains divided on Bitcoin’s future, applications of the technology are still being discovered, and we continue to build. The Bitcoin genesis block’s 10th birthday is cause for celebration.

Llew Claasen, the Bitcoin Foundation’s Executive Director, said,

“The last 10 years of Bitcoin have been historic. All of the contributions that have been made by various members of our community since the creation of the genesis block have aided in the journey to a permissionless, decentralized world.”

“As we celebrate this day together on Jan 3 2019, we encourage everyone in our community to share their thoughts on the last 10 years of Bitcoin and their view on the future of Bitcoin using #GenesisBlockTurns10”, concludes Claasen.

The Bitcoin Foundation, Inc. is a non-profit organization founded in September 2012. Comprised of senior leaders in the Bitcoin and cryptoasset communities, the Foundation coordinates joint efforts of the Bitcoin and other cryptoasset communities, helping to create awareness of the benefits of Bitcoin and other cryptoassets, their responsible use and related technology requirements for global adoption. The Foundation’s audience includes technologists, regulators, and the media, and its reach is global. The Foundation has been at the forefront of campaigning for an unimpeded economic system for the future.

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