BlockChain

In 1991, Stuart Haber and W Scott Stornetta described a cryptographically secured chain of blocks for the first time, laying the foundation for what would later become known as blockchain technology.

The year 1998 marks a significant milestone in the history of blockchain technology, although specific details were not provided in the input.

In 2011, developers released blockchain-based cryptocurrencies called Litecoin and Namecoin, both derived from the Bitcoin project.

Vitalik Buterin, co-founder of Bitcoin Magazine, published a white paper proposing a decentralized application platform, which eventually led to the creation of Ethereum and the Ethereum Foundation. This milestone marked a significant advancement in blockchain technology beyond cryptocurrency.

In October 2014, the MIT Bitcoin Club funded by MIT alumni provided undergraduate students at MIT with $100 worth of bitcoin, leading to insights on technology adoption rates.

In April 2016, Standards Australia proposed the creation of ISO Technical Committee 307 to develop standards supporting blockchain technology. This committee focuses on various aspects of blockchain such as terminology, security, smart contracts, and interoperability, with participation from over 50 countries and organizations like SWIFT and the United Nations.

In June 2018, the Bank for International Settlements criticized the use of public proof-of-work blockchains for their high energy consumption, highlighting the issue of energy-intensive blockchain mining.

On May 19, 2020, Bitcoin reached its all-time high price of $19,891.00. The information is available on buybitcoinworldwide.com.

The article explores the integration of LoRa technology with blockchain for mining and connecting IoT devices.

The video game blockchain Ronin Network reported the theft of $625 million worth of Ether and USDC stablecoins.