10-day Bitcoin festival wraps up in London

A 10-day festival dedicated to Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term has come to a close in London's inner city district of Shoreditch.

The festival, called "BlockStock" (a hybrid of Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term and Woodstock), educated attendees about Bitcoin and let them pay with it at 12 merchants accepting it for the festival's duration.

The event had six sponsors, including Coinapult, a bitcoin wallet service, which is also sponsoring the "Bit Drop" in Dominica.

One of the co-organizers explained on the Bitcoin UK Media Podcast in July:

"My main motivation for setting up a festival was a noticed there were quite a few programmers, bankers, predominantly in the Bitcoin community … it would just be great to get other people on board and have a little debate about economics and open their eyes to things they've never really thought much about."

Another co-organizer explained that the festival's goal was for people to accept Bitcoin and start seeing it "as normal".