Blockchain History: Consolidation (2010–2012)

By 0xToro on ALTCOIN MAGAZINE

This is a series of articles about the history of blockchain, here are all the posts: Genesis (1980–2009), Volatility is Here (2013), New Projects, Old Scandals (2014), Bottom Is In, Investors Are On (2015), ICOs Everywhere (2016), Altseason, Forks, And All-Time-Highs (2017) and The Bull and the Bear (2018). Claps, comments and shares are much appreciated!

Do you remember the most expensive pizza you’ve ever had? It’s unlikely you do, especially if you love the stuff as much as I do. But there are people on the planet that do remember their most expensive pizza.

They can tell you every detail about it: ingredients, where they got it from, and how much banter their mates gave for ordering them. They even dedicated a website to them and uploaded pictures.

In this article, we’ll talk about the consolidation of bitcoin, the surge of altcoins, and the most famous -or infamous- marketplaces that catalyzed the use of cryptocurrency. If you missed the first post of this series, you can read it here.

2010: The Year Of The Bitcoin Pizzas

A few important milestones for blockchain happened in 2010.