The first crypto block was invented in 1991 by 2 scientists named Stuart Haber and W.Scott Stornetta. And this is based on the need for tamper-proof and also the ledgers. The blockchain was introduced in the year of 2008.
Now the bitcoin is the first cryptocurrency and the blockchain is not a new concept, but the ideas are grown in the formation of development and also an application.
Due to cryptocurrency transactions, the market of blockchain technology has a stupendous growth and destroys other industries.
Here the blockchain is an open ledger and it stores any kind of transaction and here the transaction is immutable and transparent. The main advantage of the blockchain is based on the decentralized concept and does not have any intermediaries. It records the bitcoin transaction.
Bitcoin and Blockchain Investors:
The invention of both the bitcoin and the blockchain was invented by a legend person whose name is Satoshi Nakamoto. But most of them dont know about the identity of Satoshi Nakamoto. At that time many coincidences happened.
Hal Finney was the 1st person who receives the bitcoin and also is the neighbor for Satoshi Nakamoto.
Crypto friendly & Countries:
There are the 3 most recommended crypto-friendly countries in the world they are Malta, Switzerland, and also Gibraltar.
- Switzerland: When it comes to that country, it becomes a more stable economy and accepts both the cryptocurrency and the blockchain.
- Gibraltar: They introduced the first way to transact with facilitates way and it also it establishes the financial service commission, it provides a license for an ICO operation. Here the organization deals with the cryptos.
- Malta: This is a famous place for the blockchain and also for cryptocurrency. This is the island for the blockchain it is considered a hub.
Malta is the birthplace of the blockchain and also crypto companies.
