The development history of blockchain is actually quite fascinating. It originated from Bitcoin, first proposed by Satoshi Nakamoto in 2008 as the underlying technology for Bitcoin. What truly made all of this a reality was on January 3, 2009—the day Satoshi Nakamoto mined the first block of the Bitcoin network, known as the Genesis Block. This moment marked the official birth of distributed ledger technology.

Since then, the Bitcoin network has continued to grow. More than two years later, on February 9, 2011, Bitcoin achieved a transaction equivalent to the US dollar—this was a key turning point, indicating that this emerging asset gained market recognition. Over time, blockchain technology gradually transcended Bitcoin itself, evolving into a global infrastructure. It has attracted increasing attention from developers, investors, and institutions, and has also spurred the prosperous development of the entire Web3 ecosystem.

From an idea in 2008, to value certification in 2011, and now to a technology recognized as a global consensus—this more than a decade of evolution is one of the most important chapters in the history of the digital economy.