- Guinness World Records has awarded Bitcoin the recognition of being the first decentralized cryptocurrency.
- The Guinness Records also recognized Satoshi Nakamoto as the pseudonymous creator of the oldest cryptocurrency.
- Bitcoin currently holds the record for “Oldest Cryptocurrency”, “Most Valuable Cryptocurrency” and “First Blockchain”.
Since it burst onto the world in 2009, at the hands of a person or group of people who called themselves Satoshi Nakamoto, Bitcoin has broken not only barriers but also stereotypes and stigmas about a new form of money, bringing with it a series of radical and important changes such as decentralization.
His arrival gave way to a flourishing industry that, despite being in a bad patch at the moment, has managed to develop successfully in 13 years, expanding and generating new and successful products such as NFTs.
Guinness World Records recognizes Bitcoin
It is not news to anyone that Bitcoin opened paths and paths to give way to the current industry, a fact that has not gone unnoticed by some, and the clearest example of this is that recently the Guinness World Records (GWR) decided to award the so-called “digital gold” with the recognition of being the first decentralized cryptocurrency.
Dedicated to documenting unprecedented events and achievements since 1955, the franchise traced the origin of Bitcoin back to the Cypherpunksan online community formed in 1992, which was the first on record to discuss the concept of crypto-based digital currency.
More than one recorded record
The Guinness Records also named Satoshi Nakamoto, who is believed to have been associated with the Cypherpunks community, as the pseudonymous creator of the oldest cryptocurrency.
Nakamoto first described Bitcoin in his White Paper published online on August 18, 2008.
“A working implementation of the concept was completed on January 3, 2009, when Nakamoto mined the first block on the blockchain, and the open source client was released to the public on January 9, 2009.“.
It should be noted that Bitcoin also received other recognitions in the annual list of the Records, since currently holds the record for “oldest cryptocurrency“, the “most valuable cryptocurrency” and the “first Blockchain“.
According to what was pointed out by Guinness World RecordsBitcoin published the project’s white paper online in 2008, in addition to having been created, according to the WRB “as a solution to the challenge of regulating a digital currency without any centralized organization, or ‘trusted third party’, to oversee the transactions”.
Likewise, the authors of GWR indicated that the network developed by Nakamoto responded to the problem of double spending:
“The Bitcoin Network [resuelve] the double spending problem with a “trustless” mechanism that does not require any third party (eg banks) to verify transactions; and it achieves it with validators (i.e. miners, in PoW). Miners are computers dedicated to the network to validate all transactions and ban any bad actors”.
A big step for Bitcoin
Bitcoin’s inclusion in Guinness World Records came a little over a month after the Merriam-Webster dictionary added the words “altcoin” and “metaverse” to its reference pages.
Similarly, the oldest dictionary publisher in the United States added the term “Bitcoin” to its list in 2016 and the words “cryptocurrency,” “initial coin offering,” and “blockchain” in 2018.
Guinness World Records
For those of you unfamiliar with Guinness World Records, it’s worth noting that this company has consistently recorded a large number of human records and extreme natural events over 67 years.
The first edition of Guinness World Records made it to the bestseller list in December 1955. The aforementioned book is basically a catalog of world records linked to numerous amazing acts and achievements.
The idea to create a book of records originally came from the managing director of Guinness Brewery, Sir Hugh Beaver.
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