Olga D. Khon

Note 69. «Blockchain Origination: Timing Does Matter?..»

Olga D. Khon

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Russian full-scale invasion of Ukraine and 17-months ongoing war force us to focus on the exact timing of origination for the dominant blockchains. Namely, the interconnected network of Bitcoin and Ethereum…

07 August 2008: Russia aggressively attacked Georgia. The five-days tension led to 20% of Georgian territory to be occupied by Russia till the very recent days.

18 August 2008: the domain “bitcoin.org” was registered, marking the stage of sooner creation of the first so-called cryptocurrency.

31 October 2008: Bitcoin’s Whitepaper initially appeared in public.

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11 January 2014: Ethereum’s whitepaper was published (allegedly conceived in late 2013).

20 February — 26 March 2014: Russia attacked Ukraine and annexed the Crimean Peninsula.

February 2022: Rapid growth of inflows to Tera’s ecosystem within its stablecoin TerraUSD along with Ethereum staking.

24 February 2022 — … : Russia began the barbaric full-scale invasion of Ukraine.

09–10 May 2022: Following the asset boosting, Terra’s ecosystem has crashed.

So, whether the timing does matter in blockchain origination is up to the readers to decide…

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Olga D. Khon

Researcher, PhD in Finance. Crypto Critic. Lecturer in Digital Finance at Nottingham Trent University. Views are my own.