It’s Friday, May 22, 2020, and two pizza pies cost $45.90 at Stromboli's, across from my apartment in New York City. But 10 years ago, in Florida, two pies from Papa John’s cost Laszlo Hanyecz about $41—or 10,000 bitcoins, which is how he paid. And how Bitcoin Pizza Day was born.
Algorand and Attestiv believe they can use blockchain technology to help insurance companies detect when claims are accompanied by difficult-to-detect deepfake photos and videos.
It’s an idyllic vision for the future: houses across the land generate their own power through solar panels, and make a tidy profit by selling neighbors their excess energy. Then reality kicks in. Executing all of these transactions at scale would be nothing short of nightmarish. Enter blockchain.
Wright is being sued by Ira Kleiman, the adopted brother of Wright’s late partner, Dave Kleiman, for half of a 1.1 million bitcoin fortune. Those bitcoins are thought to have been mined by Satoshi Nakamoto at the beginning of the first blockchain.