A Brief History Of (Cryptocurrency) Time

fto-historyofcrypto

We created our coin at the beginning of 2018. The time for celebration will come. But today, we’re taking you on a journey back in time.

Time, when FTO simply didn’t exist. Time, when the cryptocurrency world was still considered as a passing trend, which would last only a couple of months.

We could go back to 2008 when Satoshi Nakamoto published his manifesto. Many people perceive this moment as the start of the crypto era. However, the basic concept had been created many years earlier.

Beginning of blockchain

We have to go back to 1995. It was the year when “Friends” had been on air only for a few months, people called other people from phone booths, nobody knew what Facebook was, and MC Hammer was the coolest guy on Earth. Also in that year, Tim May made the call to the Cypherpunks group and asked them to invent a decentralized digital currency. Amongst other members of the group who responded to that call were: Nick Szabo, Hal Finney, Adam Back and Tim May.

They started a few projects like Bmoney, Hashash and BitGold. However, none of them were successful.

Years later, when Joey Tribbiani was outdated to say the least, and crisis absorbed the world, Mr. Nakamoto made the call to the Cypherpunks group and asked them to invent a  decentralized digital currency. Once again, amongst other members of the group who responded to the call were: Adam Back, Hal Finney and Nick Szabo.

On October 31st, 2008 Nakamoto, who designed Bitcoin, published a paper that set the ball rolling: Bitcoin: A peer-to-peer Electronic Cash System. On January 3rd, 2009, the revolution began with the mining of the first Bitcoin block or the genesis block.

To the sky and beyond the stars

We are teleporting to 2010. Laszlo Hanyecz wanted to eat something. He ordered two pizzas from Papa John’s. They cost him 10,000 BTC! That many bitcoins today would be worth more than $55 million. However, Hanyecz has no regrets about this decision to this very day.

In 2011, other cryptocurrencies were created. Litecoin, Namecoin and Swiftcoin made their debut.

In 2014 Microsoft and few other firms started accepting payments in virtual currency.

2015 was another important year. Back then, Ethereum was created. That was the year when cryptocurrencies become a lot more mainstream. More companies allowed their users to pay with virtual coins.

From then, Bitcoin has split into two derivative currencies: BTC and Bitcoin Cash. Many countries introduced new laws concerning the blockchain and crypto industry. Joey Tribbiani remains forgotten and we moved on to 2018 when FuturoCoin was created. That’s the short story of cryptocurrencies.

FTO is changing the world

FuturoCoin is getting more popular day by day. We are making a lot of buzz on the crypto market. As you may know, we developed our own coin as an answer to the fast growth of the market. Crypto world is still searching for more secure and quicker cryptocurrencies. Our goal is to answer the needs of the market. We are an electronic peer-to-peer system that gives its users instant transactions.

That was the story about past times. Now, we are focusing on the future, as it is wide open for cryptocurrencies. It is up to you, where the crypto world will be in the next 5, 10 or 15 years.

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