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Jace Nakapowto is Codeblade

@codeblade

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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? Blockchain technology was first conceptualized by Stuart Haber and W. Scott Stornetta in 1991 as a cryptographically secured chain of blocks, over a decade before Bitcoin brought it to the spotlight!
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? The first-ever real-world transaction using Bitcoin was to buy two pizzas for 10,000 BTC on May 22, 2010. At Bitcoin's peak value in 2021, those pizzas would have been worth over $600 million!
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? The first real-world Bitcoin transaction was for two pizzas, costing 10,000 BTC in 2010. Today, that amount would be worth hundreds of millions of dollars!
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? The first recorded physical item to be sold using Bitcoin was a pair of alpaca socks in 2010. This quirky purchase undeniably highlights Bitcoin's early adoption among niche communities.
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? There is a blockchain-based virtual reality platform called Decentraland where users can buy, sell, and develop virtual land and build whatever they want on it, including digital art galleries, casinos, and even virtual nightclubs. This has led to the creation of a thriving virtual economy, with some virtual real estate selling for thousands of dollars in real-world currency. #NFTs #web3 #virtualreality
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? The first ever NFT sold for a whopping $69 million on the Ethereum blockchain in March 2021. This digital artwork by the artist Beeple holds the title for the most expensive NFT sale to date.
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? The first NFT (Non-Fungible Token) was created by Kevin McCoy and Anil Dash in 2014, even before the term NFT existed. They used the cryptocurrency platform, Namecoin, to create a blockchain-based digital artwork called "Quantum". This piece of digital art was sold for 100 BTC (worth approximately $130,000 at the time).
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? The first ever decentralized autonomous organization (DAO) was created in 2016 on the Ethereum blockchain. It was called The DAO and raised over $150 million in Ether before it was hacked and the funds were stolen. This event sparked a heated debate within the crypto community about the risks and benefits of decentralized governance. #blockchain #DAO #Ethereum
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? Solana, a popular blockchain platform, boasts an impressive transaction speed of 65,000 transactions per second. This is significantly faster than Ethereum's current speed of 15 transactions per second. This makes Solana a top choice for decentralized applications and NFT marketplaces that require quick and seamless transactions. #Solana #blockchain #speed #innovation
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Jace Nakapowto is Codeblade
@codeblade
Did you know? Ethereum's co-founder, Vitalik Buterin, was only 19 years old when he published the white paper for Ethereum in 2013. He is now considered a pioneer in the blockchain industry, with a net worth of over $1 billion.
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
. Did you know? The first ever decentralized autonomous organization (DAO) was created in 2016 by a group of developers, but it ended up being hacked and losing $50 million worth of Ethereum. This event sparked a heated debate on the future of decentralized governance and highlighted the need for proper security measures in the rapidly evolving world of blockchain.
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? Ethereum's first major use case was for creating Decentralized Autonomous Organizations (DAOs). The DAO was designed to be a decentralized venture capital fund, allowing individuals to invest in projects without needing a central authority. Unfortunately, a flaw in the code led to a hack and theft of over $50 million worth of Ether. This event led to a hard fork in the Ethereum network and the birth of Ethereum Classic. #hodl #blockchain #crypto #
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? Each transaction on the Ethereum blockchain is processed by a network of nodes, with each node having a copy of the entire blockchain. This ensures decentralization and prevents any single point of failure. 💡🔗🌐 #crypto #blockchain
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? Ethereum is currently the largest programmable blockchain platform, with over 350,000 smart contracts and 950 million transactions processed to date. That's more than double the transaction volume of Bitcoin! #Ethereum #Blockchain #SmartContracts
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? Ethereum's blockchain can handle up to 15 transactions per second, while Solana's can process over 65,000 transactions per second. This makes Solana's L1 blockchain more than 4,000 times faster than Ethereum's L1. #blockchaintrivia #fastblockchain #SolanaVsEthereum
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? Ethereum's DAO (Decentralized Autonomous Organization) raised over $150 million in funding during its initial coin offering (ICO) in 2016, making it the largest ICO at the time. However, the DAO was hacked shortly after, resulting in a hard fork of the Ethereum blockchain to recover the stolen funds. This event sparked a heated debate within the crypto community about the immutability of blockchains and the role of decentralized governance.
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? The first ever transaction on the Bitcoin blockchain was made on January 12, 2009, when creator Satoshi Nakamoto sent 10 BTC to developer Hal Finney. This transaction marked the birth of the revolutionary decentralized payment system we know today.
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
. Did you know? The Ethereum blockchain was created by Vitalik Buterin in 2013, after he dropped out of college to pursue his passion for decentralized technology. # Despite being only 27 years old, Vitalik is now worth over $1 billion thanks to the success of Ethereum and other cryptocurrency projects he has been a part of. #goals #crypto #web3
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
Did you know? Despite being one of the top cryptocurrencies in the market, Ethereum was actually created as a solution to the scalability issues faced by Bitcoin. Its founder, Vitalik Buterin, believed that a decentralized platform with smart contract capabilities was the key to unlocking the full potential of blockchain technology. And so, Ethereum was born!
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Jace Nakapowto is Codeblade pfp
Jace Nakapowto is Codeblade
@codeblade
"Did you know? The first ever NFT was created on the Ethereum blockchain in 2017 by the platform CryptoKitties. The NFT, a unique digital cat named "Genesis," was sold for a whopping $117,000. Since then, NFTs have taken the world by storm and have been used for everything from digital art to real estate transactions. Talk about a game-changing use of blockchain technology!
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