Bitcoin and NFT enter the Guinness Book of Records

Cryptocurrencies make an extraordinary entry into the Guinness Book of Records. The Bible of Records evokes the essential Bitcoin and the rise of non-fungible tokens (NFTs).

The Guinness Book of Records, the bible of records, has just added to its 2023 edition a category dedicated exclusively to cryptocurrencies, “Cryptomania”. This is the first mention of cryptocurrencies in the book, the latest edition of which has been available for sale since September.

Unsurprisingly, the book discusses the case of Bitcoin, which is presented as ” the first decentralized cryptocurrency “. The Guinness Book of Records briefly talks about the creation of the digital currency, the publication of the white paper by the creator Satoshi Nakamoto, the blockchain and the functioning of the Proof of work (Proof of work).

The book focuses 17 milestones in the history of bitcoinsuch as the first transaction of the network (January 12, 2009), the first purchase in BTC (May 22, 2010) or the launch of the first exchange platform, or Bitcoin market (March 2010). The adoption of Bitcoin as legal tender in El Salvador, a small Central American nation (September 2021) is also listed:

“Giving bitcoin legal tender means that bitcoin can be used in El Salvador to pay for goods and services, as well as for state functions such as paying taxes.”

The Guinness Book of Records also points out that Bitcoin is still the most valuable cryptocurrency on the market. At the time of writing, the digital currency’s valuation exceeds $ 350 billion, far ahead of Ethereum (over $ 150 billion).

Also Read: Can Bitcoin Mining Achieve Carbon Neutrality?

NFT records added to the Guinness Book

Also noteworthy is the entry into the scene of non-fungible tokens (NFT). The 2023 edition includes information on the appearance of the first NFT in May 2014. As the Guinness Book of Records reminds us, the first non-fungible token was launched on the Bitcoin blockchain using a software called NameCoin. Designed by American digital artist Kevin McCoy, the first NFT was a short looped animation called quantum. The first NFT on Ethereum then appeared in 2015.

The book also lists the industry’s top NFT sales. Thereby, the most expensive collectible NFT of the story is Cryptopunk # 5822. Last February it was sold for 8,000 Ethereum (worth $ 23.7 million at the time). The Guinness Book also devotes a page to the most expensive digital artwork sold as NFT. This is the job Every day: the first 5000 days by the American artist Beeple. It was sold for $ 69.3 million early last year.

Finally, the book tells the story of the first tweet in history sold as an NFT by Twitter founder Jack Dorsey. Purchased for the sum of $ 2.9 million in March 2021now it’s only … $ 29.

A few days earlier, NFTs also made a notable entry in the dictionary Little Robertosign of the disclosure of the acronym.

Source:

Guinness World Record

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