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the magazi of ideas

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Magazi.com

Magazi.com is the store of ideas that guide our quest for shaping the future.

It focuses on Technology and Business, the two underlined ingredients of  the basis of the roadmap to achieve our vision.

 

 
 

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BLOCKCHAIN & CRYPTOCURRENCY

Today, BITCOIN makes up about 41.2% of the $ 2.25 plus trillion cryptocurrency market – Ethereum is second, and Cardano is third.   All the  remaining 5000+ currencies make up about 33% of the market cap. Can you guess which one will overtake the first 3? 


In August 2008, the domain name bitcoin.org was registered. On October 31st 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or these people, are.

 

Ethereum was launched by Vitalik Buterin on July 30th 2015. He was a researcher and programmer working on Bitcoin Magazine, and he initially wrote a white paper in 2013 describing Ethereum. Buterin had proposed that Bitcoin needed a scripting language. He decided to develop a new platform with a more general scripting language when he couldn’t get buy-in to his proposal

 

In September 2021 Cardano’s cryptocurrency ADA  became the 3rd crypto  in market cap. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson   It is the largest cryptocurrency to use a proof-of-stake blockchain, which is seen as a greener alternative to proof-of-work protocols.  

The token is named after Ada Lovelace, who is recognized as the first computer programer. Ada was the  daughter of the poet Lord Byron who died in 1824 in Messologhi, Greece, where he fought for the Greek War of Independence against the Ottoman Empire.

There are more than 5000 additional cryptocurrencies.  The following are in the top 10 list in terms of market value:   Tether ($USDT), Bitcoin Cash ($BCH) , Litecoin ($LTC), EOS ($EOS), Binance Coin ($BNB), Bitcoin SV ($BSV) and Tezos ($XTZ)

 

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