Some crypto project before Bitcoin

in #history • 6 years ago

We know that Satoshi Nakamoto is the first to make cryptocurrency name as Bitcoin in 2009. But it is not completely true. Bitcoin is the most successful crypto project yet. Before bitcoin, some crypto project is introduced but they never succeed.

  • B-Money:- B-Money was created by Wei Dai in 1998. It was work as a basic principle of cryptocurrency. Wei makes it for Anonymous distributed cash system. It uses proof of work function.click here to know more about b-money
  • HashCash:- Adam Back created HashCash in 1997. It running on proof of work algorithm. It was created for limiting the Email spam and denial of service attack. Click to know more about hashcash
  • Bit Gold:- After b-money, Nick Szabo launched a similar project name as Bit Gold. And it uses proof of work system.

One other project was introduced in 1990 name as Digicash. That is currently known as DASH.

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6 years ago in #history by
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     6 years ago 

    Usful information share

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     6 years ago 

    I didn't knew that something else also came before bitcoin, thanks for sharing it @bkrish

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     6 years ago 

    Thanks for posting such kind imp post.

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       6 years ago 

      interesting blog brother very informative :)

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         6 years ago 

        hmmm good... i had heard about Bit gold...

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           6 years ago 

          Nice information

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             6 years ago 

            Bitcoin mairi samjh se pare hai , pata nhi chalta isme to pata nhi kitne prakar ki hai , koi bataye kitne tarika ka hai bitcoin

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               6 years ago 

              Bitcoin to ek hi hain ... But bohot taraka dusra coin hain. Jinko mila ke sob altcoin bolta hain..bitcoin and altcoin sab blockchain ke uper kam karta hain. Aur koi coin proff of work or koi coin proff of stack pe uper dependent hain

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