I also really thought that Bitcoin is the first cryptocurrency. I think its because of its popularity that whenever we think about digital coins, Bitcoin always comes up to mind.
I also really thought that Bitcoin is the first cryptocurrency. I think its because of its popularity that whenever we think about digital coins, Bitcoin always comes up to mind.
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It’s good to know that only bitcoin did survived the market and stays longer until now,actually I have no idea about other first cryptocurrency because I came out late here though I can search over internet but for what sense?
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I always thought that bitcoin is the first cryptocurrency, now I know thanks to the thread starter. Maybe the first one is so regulated and people before is not techie not like today that is why it did not survived.
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What made bitcoin survive is that it is decentralized. There is no central point which can be attacked and shut down.
Past attempts to create a digital currency all failed because they were not decentralized and/or because they couldn't solve double spending.
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Nicely said. Good to see some lessons from the past history of cryptocurrency. Right now, when we talk about cryptocurrency the standard is of course Bitcoin and anything that is centralized like the newcomer Libra or even the Ripple we usually can say that those are not at par and should not be compared with Bitcoin with some even saying that those are not cryptocurrencies at all.
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Have always thought bitcoin is the first digital currency. worthy of note is that bitcoin came with a superior technology, been run on the immutable blockchain technology, combining tech with economic value together with the decentralized peer-peer system.
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What is the First Cryptocurrency(First digital money)?
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