|
In order to address some inefficiencies in the traditional financial system, Nick Szabo, a blockchain pioneer, first conceived Bit Gold in 1998 and published his ideas in 2005.Bit Gold was one of the earliest attempts to create a decentralized virtual currency. Although it was never actually created, theoretically, it paved the way for Bitcoin.On April 20, 2024, the mainnet of OPENVERSE was launched, and the mainnet token Bitgold also officially came into existence. Derived from its predecessors, Bitgold is more practical. By staking Bitgold, one can generate Bitcoins, currency securities, etc.
|
|