Bitcoin is the largest and first cryptocurrency in the world. It paved the way for thousands of cryptocurrencies that followed suit. The creation of bitcoin is one of the most remarkable ones that is responsible for the follow up of decentralization and everything crypto.
The acceptance of crypto has never been the same since its inception. Cryptocurrencies, including bitcoin, have come a long way. Whether it be in terms of adoption and development, the cryptocurrency realm is likely ahead of other sectors.
In one of the latest events, bitcoin has grabbed the attention of the Guinness World Records. Recognition of cryptocurrencies by Guinness World Records indicates the growth of the blockchain sector.
Bitcoin recognized as the first and most valuable crypto
In the latest edition of the Guinness World Records, several key products, including bitcoin, NFTs, and others have made their way. Under the “Cryptomania” section, Bitcoin earns the title from Guinness World Records as the first and most valuable cryptocurrency in the world. At the time of writing, BTC’s market cap stands at $375,988,721,943.
“The Bitcoin network is solving the double spend problem with a “trustless” mechanism that does not require any third-party to verify transactions; and it achieves that with validators.”
El Salvador also made its entry into the books as the first country to make BTC a legal tender. The Guinness World Records also added NFTs to its highlights and gave a shout out to CryptoPunk as the most expensive NFT collection.
This achievement is definitely a head-turning moment for BTC, marking its successful journey over the years.