I'm curious about the historical context leading up to the creation of Bitcoin. Specifically, I want to understand what technological or economic developments preceded it.
6 answers
Chloe_carter_model
Fri Nov 15 2024
Hashcash, a proof-of-work system, also laid the groundwork for the development of Bitcoin.
Nicola
Fri Nov 15 2024
Prior to the advent of Bitcoin, several attempts were made to develop a digital currency.
Sara
Fri Nov 15 2024
Among these early efforts, eCash stood out as a pioneering cryptographic payment system.
CherryBlossomKiss
Fri Nov 15 2024
Other notable predecessors to Bitcoin include B-money, a proposed decentralized digital currency.
BlockchainBrawler
Fri Nov 15 2024
Bit Gold, another precursor, aimed to create a digital asset with intrinsic value through computational work.