Blockchain.com: Difference between revisions

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==History==
Blockchain.info was established by [[Ben Reeves]] in 2011. He launched a website which could be used to track bitcoin transactions.<ref name="McMillan201403">{{Cite magazine |last=McMillan |first=Robert |date=March 26, 2014 |title=The Fierce Battle for the Soul of Bitcoin |url=https://www.wired.com/2014/03/what-is-bitcoin/ |magazine=Wired |access-date=March 17, 2021}}</ref> The website was a block explorer, a website that allowed bitcoin users to see the details of public cryptocurrency transactions if they have the identifying hash code for the transaction.<ref name="Dillet2021.2">{{Cite news |last=Dillet |first=Romain |date=March 24, 2021 |title=Crypto wallet and exchange company Blockchain.com raises $300 million at $5.2 billion valuation |work=TechCrunch |url=https://techcrunch.com/2021/03/24/crypto-wallet-and-exchange-company-blockchain-com-raises-300-million-at-5-2-billion-valuation/ |access-date=March 24, 2021}}</ref>
 
In early 2012, Reeves and [[Brian Armstrong (businessman)|Brian Armstrong]], the co-founder of crypto-currency exchange [[Coinbase]], applied to [[Y Combinator]]'s summer class.<ref name="Hackett2021" /><ref name=McMillan201403/> They proposed a payment platform for bitcoin where users could keep a digital wallet, exchange other currency for bitcoins for a percentage fee, and make payments in bitcoin.<ref name=McMillan201403/> Due to different opinions they parted ways prior to attending Y Combinator.<ref name=McMillan201403/><ref name=Hackett2021/> Reeves wanted to create a platform where users controlled access to their bitcoin information, while Armstrong felt that the platform should retain custody of the users wallets.<ref name=McMillan201403/><ref name="Titcomb2021" /> After parting ways with Armstrong, Reeves continued to work on Blockchain.info.<ref name=Titcomb2021/>
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