Early Blockchain Inventors Celebrate 30 Years Since Inception

October 13, 2021 – United States


The co-inventors of the early blockchain – Drs. Stuart Haber and W. Scott Stornetta – are joining with a team of industry-leading partners to commemorate the birth of blockchain technology, and its past, present and future. It’s a tribute to the journey and the community.

Today’s announcement marks the 30th anniversary of the public appearance of what might be called the ‘genesis block’ of what is in fact the world’s oldest continuously running primitive blockchain, as explained here.

The celebration will conclude on January 3, 2022 – the 13th anniversary of the Bitcoin genesis block. Bitcoin’s design, as described in Satoshi Nakamoto’s whitepaper entitled, ‘Bitcoin: A Peer-to-Peer Electronic Cash System,’ relies on Haber and Stornetta’s mechanism for ensuring the integrity of all of its transactions. In fact, three of Satoshi’s eight footnotes reference their technical papers.

The history of the blockchain will be celebrated with a collection of NFTs that both involve and honor the founders, innovators and thought leaders of the blockchain community. The NFTs, demonstrating the range and diversity of the blockchain ecosystem, will be auctioned through a novel mechanism and will involve a number of innovative layer-1 blockchains and their communities.

Jason Bailey, global thought leader in NFTs and founder of Artnome.com and ClubNFT, said,

“Without the work of Stuart Haber and Scott Stornetta, there are no NFTs, no Bitcoin and no blockchain. I’m thrilled that they are using this opportunity to create an NFT with the goal of unifying everyone within the blockchain ecosystem in a way that I believe only they can.”

Stuart Popejoy, co-founder and CEO of the Kadena blockchain and smart contract platform, said,

“Kadena is thrilled and honored to participate in Immutable Record’s celebration of blockchain. Immutable Record’s NFT offering drives the space forward with a multi-protocol approach that also exploits many of Kadena’s unique advantages, such as institutional-quality provenance, entirely on-chain minting and custom marketplaces.” 

Haber and Stornetta added,

“We are happy to join the celebration of the blockchain and will be announcing the involvement of other leading layer-1 blockchains and thought leaders. Stay tuned. The best is yet to come.”

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About Kadena 

Kadena is the industry’s only scalable layer-1 proof-of-work (PoW) blockchain, featuring Pact, the safest and easiest-to-use smart contract technology. Kadena’s platform provides the world the tools and environment to turn ideas and ambitions into reality – from DeFi applications to NFT marketplaces.

As the only blockchain that can scale both speed and storage limitlessly, decentralized services on the Kadena platform allows users and builders to exceed current limitations in blockchain such as high gas fees and storage constraints, and even ‘mint marketplaces’ where exchange and trading of tokens and NFTs can be customized endlessly.

Founded by Stuart Popejoy and William Martino, who created JP Morgan’s first blockchain and led the SEC’s crypto committee, Kadena aims to allow for true blockchain mass adoption. Visit us here and follow us on Twitter to learn more.

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Nir Geffen Shimoni

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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