In the long history of Bitcoin, one name will always be remembered—Laszlo Hanyecz, the man who bought two pizzas with 10,000 bitcoins. His story is not only an important milestone in the development of Bitcoin but also a legend about technological innovation and personal values. Laszlo Hanyecz, a programmer from Florida, USA, was one of the early core contributors to Bitcoin.
In 2009, shortly after Bitcoin was born, Laszlo joined the Bitcoin development team, focusing on fixing bugs and promoting the development of Bitcoin. However, at a time when Bitcoin was still a niche experiment within the geek community and its price was almost negligible, Laszlo made what seemed to be a crazy decision.
On May 18, 2010, Laszlo posted on the Bitcoin enthusiast forum Bitcointalk, hoping to exchange 10,000 bitcoins for two pizzas. This proposal caused quite a stir at the time, as 10,000 bitcoins were worth only about $41, while the value of two pizzas was merely $25. However, after four days of waiting, Laszlo finally reached a deal with a California boy named Jeremy and exchanged 10,000 bitcoins for the pizzas he had longed for. This transaction seemed like a fun experiment but unexpectedly became an important event in Bitcoin history. As Bitcoin's price skyrocketed, by 2017, it had surpassed $20,000, meaning the 10,000 bitcoins Laszlo spent were worth as much as $200 million. Despite missing out on this enormous fortune, Laszlo never regretted his decision. He once stated in an interview, 'I traded bitcoins for pizza because it was free for me. I participated in an open-source project and got dinner as a result.' However, Laszlo's legendary story goes far beyond that. He is not only a significant figure in Bitcoin history but also a pioneer of GPU mining. Before GPU mining, Bitcoin mining could only rely on CPU, which was extremely inefficient. Laszlo discovered through experimentation that the parallel computing power of GPUs could greatly improve mining efficiency, increasing computational power by more than ten times.
In May 2010, he released the GPU mining code on the Bitcointalk forum, fundamentally changing the landscape of Bitcoin mining. Although Satoshi Nakamoto initially had reservations about GPU mining, believing it would accelerate the centralization of computational power, Laszlo's invention quickly spread and became the mainstream method of Bitcoin mining. Nine years later, Laszlo sold this pioneering GPU mining code to tech giant Apple. Although the specific details of the transaction were not disclosed, this move undoubtedly proved the commercial value and technical importance of the code. Apple's demand for GPU computing has been growing, especially in the fields of artificial intelligence and machine learning. Laszlo's code provided Apple with an efficient computing solution, further solidifying its leading position in the tech industry. The story of Laszlo Hanyecz is filled with drama and inspiration. His feat of buying pizzas with 10,000 bitcoins not only became a classic case in Bitcoin history but also showcased his love for technology and optimistic attitude toward life. He never viewed Bitcoin as a tool for wealth but as a hobby and an experiment. His story tells us that the value of technology lies not only in wealth but also in its ability to change and contribute to the world. Today, May 22nd is celebrated as 'Bitcoin Pizza Day' by Bitcoin enthusiasts worldwide to commemorate Laszlo Hanyecz's legendary transaction. Meanwhile, Laszlo himself continues to write his own legendary chapter in the tech field with his passion and wisdom.
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