History
What happened, and who did it.
Bitcoin's history from the record: the bugs, the forks, the fights and the failures. Every entry below is told in full elsewhere on this site, and names the source it was checked against.
Timeline
61 dated events from 2008 to 2026. Each one links to the page of ours that tells it and to the source its date was checked against.
-
2008
-
Satoshi announces the Bitcoin whitepaper
Satoshi Nakamoto announces a paper describing "a new electronic cash system that's fully peer-to-peer, with no trusted third party". From Whitepaper. Source: Cryptography Mailing List.
-
-
2009
-
Genesis block starts the chain at 50 BTC per block
Block 0, the genesis block, is dated January 3, 2009, and the block subsidy starts at 50 BTC. From Halvings. Source: Bitcoin Core source code.
-
Satoshi announces the first release of Bitcoin on the Cryptography Mailing List. From The Time Warp. Source: Cryptography Mailing List.
-
Satoshi sends the first Bitcoin transaction to Hal Finney
Hal Finney receives the first Bitcoin transaction, ten coins from Satoshi, in block 170. From Bitcoin Units. Source: mempool.space, block 170.
-
-
2010
-
Satoshi adds the one-megabyte block size limit Source: Bitcoin source code, commit
-
Value overflow bug creates 184 billion BTC
Block 74,638 created 184 billion BTC against a 21 million cap. A patch was out within five hours. From The Inflation Bug Postmortem. Source: Bitcoin forum, archive copy.
-
The patched chain overtakes the bad one Source: Satoshi Nakamoto, Bitcoin forum
-
First 'Bitcoin is dead' obituary is published Source: The Underground Economist, archive copy
-
-
2011
-
2012
-
BIP-32 proposes HD wallets: one seed, every future key Source: BIP-32
-
First halving cuts the subsidy to 25 BTC
At block 210,000 the block subsidy dropped from 50 to 25 BTC. From Halvings. Source: mempool.space, block 210,000.
-
-
2013
-
First ASIC miners ship to customers Source: Bitcoin Magazine
-
Block 225,430 splits the chain between 0.7 and 0.8 nodes
A software upgrade split Bitcoin into two chains at block 225,430. It was back together 7 hours 41 minutes later. From The 2013 Chain Fork. Source: bitcoin.org, 2013 archive copy.
-
bitcoin.org warns all Android wallets are open to theft Source: bitcoin.org, 2013 archive copy
-
'A Fistful of Bitcoins' shows how coins can be traced Source: Meiklejohn et al., IMC 2013
-
Federal agents seize Silk Road Source: US Senate hearing record
-
China's central bank bars banks from handling bitcoin Source: People's Bank of China
-
-
2014
-
Mt. Gox halts withdrawals Source: Mt. Gox press release, archive copy
-
Mt. Gox files for bankruptcy protection; 850,000 BTC missing
Mt. Gox applies for bankruptcy protection in Tokyo with about 850,000 BTC missing, about 750,000 of them customers' coins. From Mt. Gox to FTX. Source: Mt. Gox announcement.
-
GHash.io briefly holds 51 percent of mining power Source: The Guardian
-
-
2015
-
2016
-
Bitfinex loses 119,754 BTC to theft Source: US Department of Justice, archive copy
-
Mike Hearn declares the Bitcoin experiment failed Source: Mike Hearn, archive copy
-
Hong Kong roundtable ends in a SegWit-for-2 MB deal Source: Bitcoin Roundtable statement, archive copy
-
Second halving cuts the subsidy to 12.5 BTC Source: mempool.space, block 420,000
-
-
2017
-
BIP-148 sets a user-activated flag day for SegWit Source: BIP-148
-
The New York Agreement is signed Source: Digital Currency Group, archive copy
-
Bitcoin Cash forks off with bigger blocks
A faction that wanted bigger blocks forked off onto its own chain, Bitcoin Cash. Its first block was 1.9 MB. From The Block Size War. Source: Bitcoin Cash block 478,559.
-
SegWit activates at block 481,824
SegWit locked in on August 9 and went live at block 481,824 on August 24. From The Block Size War. Source: mempool.space, block 481,824.
-
China bans token sales and bars token trading platforms Source: People's Bank of China
-
SegWit2x hard fork is called off Source: SegWit2x mailing list, archive copy
-
Bitcoin futures begin trading at CME and Cboe Source: CFTC testimony
-
-
2018
-
Gregory Maxwell's post proposes Taproot Source: Gregory Maxwell, bitcoin-dev
-
First Lightning mainnet beta, lnd 0.4, is released Source: Lightning Labs
-
Inflation bug CVE-2018-17144 is reported and patched Source: Bitcoin Core
-
QuadrigaCX's chief dies; the exchange fails two months later Source: Ontario Securities Commission
-
-
2019
-
2020
-
2021
-
China calls for a crackdown on Bitcoin mining Source: State Council of China
-
Taproot locks in under Speedy Trial Source: mempool.space, block 687,284
-
Difficulty falls 27.94 percent, the largest cut on record Source: mempool.space, difficulty data
-
El Salvador makes bitcoin legal tender
Bitcoin becomes legal tender in El Salvador, with a government wallet and a US$30 bonus for signing up. From Rat Poison, Tulips and a Pet Rock. Source: IMF, archive copy.
-
Taproot activates at block 709,632
Block 709,632 arrived at 05:15 UTC, mined by F2Pool, and Taproot's rules were live. From How Taproot Actually Works. Source: mempool.space, block 709,632.
-
-
2022
-
US seizes about 94,000 BTC from the Bitfinex hack Source: US Department of Justice, archive copy
-
Celsius freezes all customer withdrawals Source: US Department of Justice, archive copy
-
FTX, Alameda and about 100 related companies filed for bankruptcy. The customer shortfall was about $8 billion. From Mt. Gox to FTX. Source: SEC complaint.
-
The first inscription stores data in a Taproot spend Source: ordinals.com, archive copy
-
-
2023
-
2024
-
SEC approves US spot bitcoin ETFs
The SEC approved US spot bitcoin ETFs, three months before the fourth halving. From Halvings. Source: SEC.
-
UK court rejects Craig Wright's claim to be Satoshi Source: High Court judgment
-
Fourth halving cuts the subsidy to 3.125 BTC Source: mempool.space, block 840,000
-
US charges the founders of Samourai Wallet Source: US Attorney, SDNY, archive copy
-
-
2025
-
2026
The history rabbit holes
5 long reads on what happened and what changed after.
The Inflation Bug Postmortem
August 15, 2010: someone created 184 billion BTC out of thin air. Five hours later, it was fixed. Here is the full story.
The 2013 Chain Fork
On 11 March 2013 a software upgrade split Bitcoin into two chains. Developers, pool operators and exchanges argued it out in a public chat room and put it back together in under eight hours. This is the log, with the timestamps.
Mt. Gox to FTX: The Custody Graveyard
A decade of crypto custodians that lost their customers' coins, from Mt. Gox to FTX, and the honest case for holding your own keys instead.
The Block Size War
The 2015-2017 fight over Bitcoin's block size limit, from Bitcoin XT to the UASF to the forks that split away, and how it settled who actually controls the rules.
Rat Poison, Tulips and a Pet Rock: Everything Bitcoin's Been Called (so far)
Bitcoin is dead, they said, and a Ponzi scheme, a tulip bubble, rat poison and money for drug dealers and terrorists. Every label, who said it and when, which ones can actually be scored, and what happened next, including the calls that held up and the ones our own side got wrong.
As it was written
The bitcoin-dev mailing list, year by year: what developers were arguing about while it happened. 24,715 messages in all. Every Bitcoin Core release and every person who posted has a page too.
- 2011 1,014 messages
- 2012 1,098 messages
- 2013 1,859 messages
- 2014 3,093 messages
- 2015 5,110 messages
- 2016 1,209 messages
- 2017 2,091 messages
- 2018 1,115 messages
- 2019 942 messages
- 2020 780 messages
- 2021 1,386 messages
- 2022 1,581 messages
- 2023 949 messages
- 2024 633 messages
- 2025 1,140 messages
- 2026 715 messages