{"id":141742,"date":"2021-10-14T11:29:34","date_gmt":"2021-10-14T11:29:34","guid":{"rendered":"https:\/\/precoinnews.com\/?p=141742"},"modified":"2021-10-14T11:29:34","modified_gmt":"2021-10-14T11:29:34","slug":"early-blockchain-co-inventors-to-commemorate-the-30th-anniversary-of-the-worlds-oldest-running-blockchain","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/blockchain\/early-blockchain-co-inventors-to-commemorate-the-30th-anniversary-of-the-worlds-oldest-running-blockchain\/","title":{"rendered":"Early Blockchain Co-Inventors to Commemorate the 30th Anniversary of the World\u2019s Oldest Running Blockchain"},"content":{"rendered":"<p><b>According to a <\/b><b>recent <\/b><b>report, Dr. Stuart Haber and W. Scott Stornetta, the co-inventors of the earliest blockchain in existence are set to partner with a team of industry-leading partners to observe the birth <\/b><b>of blockchain technology.<\/b><\/p>\n<h2><span><\/span><strong>Marking the 30<sup>th<\/sup> Anniversary of the Oldest Blockchain<\/strong><span><\/span><\/h2>\n<p>The announcement marks the 30<sup>th<\/sup> anniversary of the first appearance of the \u201cgenesis block\u201d which is also the world\u2019s oldest and most time-tested blockchain. You can learn more about it here.<\/p>\n<p>The celebration is slated to conclude next year on January 3 which also happens to be the 13<sup>th<\/sup> anniversary of the Bitcoin genesis block.<\/p>\n<p>Not many might be aware of the fact that Bitcoin\u2019s technical architecture as described by Satoshi Nakamoto in the Bitcoin white paper titled \u201cBitcoin: A Peer-to-Peer Electronic Cash System\u201d is largely dependent upon the mechanism developed by Haber and Stornetta to ensure the legitimacy of all transactions on the network.<\/p>\n<p>Notably, as many as 3 out Satoshi\u2019s eight footnotes reference Haber and Stornetta\u2019s technical papers.<\/p>\n<h2><span><\/span>NFTs to Be Auctioned to Honour the Founders<span><\/span><\/h2>\n<p>Per sources close to the matter, to celebrate the occasion, a collection of NFTs will be unveiled that both involve and honour the founders, innovators, and thought leaders in the blockchain industry will.<\/p>\n<p>These NFTs will demonstrate the range and diversity of the ballooning global blockchain ecosystem and will undergo an auction via an innovative and novel mechanism that involves several prominent layer-1 blockchains and their communities.<\/p>\n<p>Commenting on the development, Jason Bailey, founder of Artnome.com and ClubNFT, said:<\/p>\n<blockquote>\n<p><strong>\u201cWithout the work of Stuart Haber and Scott Stornetta there are no NFTs, no Bitcoin, and no blockchain. I\u2019m 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.\u201d<\/strong><\/p>\n<\/blockquote>\n<p>Similar sentiments were echoed by Stuart Popejoy, the co-founder and CEO of the Kadena blockchain and smart contract platform. He said:<\/p>\n<blockquote>\n<p><strong>\u201cKadena is thrilled and honored to participate in Immutable Record\u2019s celebration of blockchain. Immutable Record\u2019s NFT offering drives the space forward with a multi-protocol approach that also exploits many of Kadena\u2019s unique advantages such as institutional-quality provenance, entirely on-chain minting, and custom marketplaces.\u201d<\/strong><\/p>\n<\/blockquote>\n<p>In the same vein, Haber and Stornetta noted:<\/p>\n<blockquote>\n<p><strong>\u201cWe 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.\u201d<\/strong><\/p>\n<\/blockquote>\n<h3><span><\/span>Related posts:<span><\/span><\/h3>\n<p>Source: <a href=\"https:\/\/btcmanager.com\/blockchain-inventors-30th-anniversary\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a recent report, Dr. Stuart<\/p>\n","protected":false},"author":3,"featured_media":141741,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Early Blockchain Co-Inventors to Commemorate the 30th Anniversary of the World\u2019s Oldest Running Blockchain - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/blockchain\/early-blockchain-co-inventors-to-commemorate-the-30th-anniversary-of-the-worlds-oldest-running-blockchain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Early Blockchain Co-Inventors to Commemorate the 30th Anniversary of the World\u2019s Oldest Running Blockchain - 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