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On this day in 2017, 58 companies representing over 83% of Bitcoin's hash power signed the 'New York Agreement' — a closed-door deal to activate SegWit and simultaneously double the block size to 2MB (known as SegWit2x). The Bitcoin community erupted in opposition, viewing it as a corporate takeover attempt. The 2x portion would be abandoned six months later after fierce grassroots resistance, becoming one of the most significant victories for Bitcoin's decentralized governance.
On this day in 2010, Laszlo Hanyecz paid 10,000 BTC for two pizzas, marking the first ever real-world commercial transaction using Bitcoin. Happy Bitcoin Pizza Day!
On this day in 2021, Bitcoin crashed nearly 30% in a single day — falling from $43,000 to below $30,000 — as China announced fresh crackdowns on Bitcoin mining and trading. Over $8 billion in leveraged positions were liquidated.
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bitcoin.rocks 2 weeks ago
Ok it all makes sense now. Whoever came up with on-chain zaps is actually just really good at boosting user activity on Nostr. Keep it up 😂
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bitcoin.rocks 2 weeks ago
Block 949,866 Network hashrate: 971 EH/s The hum of a global machine that never sleeps, never asks permission, never stops.