03 Dec '12, 2pm

Happy Halving Day from Bitcoin die-hards

Happy Halving Day from Bitcoin die-hards

Last Wednesday, Bitcoin—the global, stateless, digital cryptocurrency that has won the heart of technophiles, libertarians, and privacy advocates everywhere—reached an important milestone. It marked the first change in the minting rate of the currency, a feature that Satoshi Nakamoto, the creator of Bitcoin engineered very deliberately into its design. Late last week, the rate of new coins being created halved, from 50 every ten minutes to 25 every ten minutes. In approximately another four years, it will halve again. What Satoshi may not have known is that this feature, intended to control the growth of the economy by predictable and indifferent metrics, would become an international, quadrennial holiday. Bitcoiners around the world celebrated Wednesday as the ball went down and many sent in their pictures, providing a rare visual tour of Bitcoin’s global reach. Perhaps t...

Full article: http://txchnologist.com/post/37110949761/picture-postcard...

Tweets

Happy Bitcoin Halving Day

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via.me 26 Nov '12, 7pm

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BRA - Massa: "Happy with my day"

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Felipe Massa: “A very busy Friday in terms of our work on track, with a lot of kilometres completed to find the best set-u...