WordPress Starts Accepting Bitcoin Payments

WordPress.com announces Pay Another Way: Bitcoin …   At WordPress.com, our mission is making publishing democratic — accessible and easy for anyone, anywhere. And while anyone can start a free blog here, not everyone can access upgrades (like going ad-free or enabling custom design) because of limits on traditional payment networks. Today, that changes: you […]

Genesis block of Bitcoin Mined

Bitcoin network comes into existence with Satoshi Nakamoto mining the genesis block (block number 0) of Bitcoin. Embedded in the coinbase of this block, which can contain any arbitrary data, was the text: The Times 03/Jan/2009 Chancellor on brink of second bailout for banks. The text refers to a headline published on the 3rd January […]

Bitcoin White Paper Published

Bitcoin: Peer-to-peer electronic cash system

The Bitcoin White paper, authored by Satoshi Nakamoto, titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list.   The paper details methods of using a Peer-to-peer network to generate what was described as “a system for electronic transactions without relying on trust”.

First Mobile Bitcoin Transaction

The first portable-to-portable transaction of Bitcoins occurs when ribuck sends doublec 0.42 BTC using Bitcoind, on a Nokia N900 mobile computer.

Value overflow incident

In Aug 2010, a bug in Bitcoin’s source code was exploited by someone who to this day remains anonymous. The anomaly was in block # 74638 and quickly spotted on the Bitcoin Talk forum by Jeff Garzik.   The bug that caused this “value overflow incident” resulted in 184 billion Bitcoins being created. Ultimately a […]