Topic: First Cryptocurrency? - page 5. (Read 3271 times)
bitcoin
What is the First Cryptocurrency(First digital money)?
only bitcoin can survive, many currency just stable coin, i sure many investor will move to bitcoin for investment because only bitcoin can make price 5X in one year, Not only about price, bitcoin have perfect technology use for transactions P2P, Is Blockchain. Blokchain Used by many Project in this world, this reason why bitcoin have strong fundamental.
I'm sure Bitcoin is not the first coin, it's just the beginning of the success of a new era of blockchain technology and electronic money.
I am sure that Bitcoin developers have come a very thorny path before they created a real pioneer in the cryptocurrency market. It is possible that there were such cryptocurrencies that we don’t know about, because ini was the first development that today has no value. But in general, the information is really interesting and useful for each user of cryptocurrency. Thank you very much for this.
If you are talking about DigiCash then it was an unrealized crypto. In addition, this payment system was centralized. By this, Bitcoin was the first 
I wanted to write a post about the same. DigiCash cannot be considered a cryptocurrency. So, after all, the first cryptocurrency is Bitcoin
Well, we need to pay tribute also to David Chaum. If he doesn't created the idea of Digicash, Bitcoin would probably doesn't exist now. While Bitcoin was really successful because of being decentralized, it also solved almost all the problems encountered by the previous digial currency.
The whole world knows its Bitcoin, the only surviving king in all odds. Bitcoin is the first cryptocurrency that has survived for so long with such a huge acceptance power.
Bitcoin
What else?
Other cryptos are useless if we didn't can change it in real money or buy goods in realtime!
Bitcoin has the most acceptance worldwide.
What else?
Other cryptos are useless if we didn't can change it in real money or buy goods in realtime!
Bitcoin has the most acceptance worldwide.
I have always supported the motion that bitcoin is the first cryptocurrency.. ...Am glad to learn something new today. Indeed we learn everyday.
The concept of Cryptocurrency or I should say the first form of digital money was created by the American cryptographer David Chaumas in 1983 as told by some reliable source.
He named it E-cash but later implemented the name Digi-cash in 1995 which was basically an early form of cryptographic electronic payments which required user software in order to withdraw notes from a bank and designate specific encrypted keys before it can be sent to a recipient. This allowed the digital currency to be untraceable by the issuing bank, the government, or any third party.
He named it E-cash but later implemented the name Digi-cash in 1995 which was basically an early form of cryptographic electronic payments which required user software in order to withdraw notes from a bank and designate specific encrypted keys before it can be sent to a recipient. This allowed the digital currency to be untraceable by the issuing bank, the government, or any third party.
If you are talking about DigiCash then it was an unrealized crypto. In addition, this payment system was centralized. By this, Bitcoin was the first
I wanted to write a post about the same. DigiCash cannot be considered a cryptocurrency. So, after all, the first cryptocurrency is Bitcoin
Bitcoin (BTC).
Who coined the word "cryptocurrency" ...
- https://bitcointalksearch.org/topic/who-coined-the-word-cryptocurrency-5155348
BitcoinFX - Date Registered: February 01, 2010, 04:59:51 PM
Jan 2010 ... 1st Snapshot Reference for bitcoin.org ...
"Bitcoin P2P Cryptocurrency" <<<<< does pre-date my OP post !!!
- https://web.archive.org/web/20100106082749/http://www.bitcoin.org/
...snip...
...
Who coined the word "cryptocurrency" ...
- https://bitcointalksearch.org/topic/who-coined-the-word-cryptocurrency-5155348
Am pretty sure it was Satoshi himself. There's a passage in Digital Gold by Nathaniel Popper where it's proposed in an exchange with that Finnish fella who helped him out with bitcoin.org at the start. I'll dig around.
Edit - It was an unknown stranger.
'While satoshi never discussed anything person in these emails, he would banter with Martti about little things.
In one email Satoshi pointed to a recent exchange on the Bitcoin email list in which a user referred to Bitcoin as a "cryptocurrency" referring to the cryptographic functions that made it run.
"Maybe it's a word we should use when describing Bitcoin. Do you like it?" Satoshi asked.
"It sounds good," Martti replied. "A peer to peer cryptocurrency could be the slogan." '
Edit - It was an unknown stranger.
'While satoshi never discussed anything person in these emails, he would banter with Martti about little things.
In one email Satoshi pointed to a recent exchange on the Bitcoin email list in which a user referred to Bitcoin as a "cryptocurrency" referring to the cryptographic functions that made it run.
"Maybe it's a word we should use when describing Bitcoin. Do you like it?" Satoshi asked.
"It sounds good," Martti replied. "A peer to peer cryptocurrency could be the slogan." '
BitcoinFX - Date Registered: February 01, 2010, 04:59:51 PM
Jan 2010 ... 1st Snapshot Reference for bitcoin.org ...
"Bitcoin P2P Cryptocurrency" <<<<< does pre-date my OP post !!!
- https://web.archive.org/web/20100106082749/http://www.bitcoin.org/
...snip...
...
This is the thing Bitcoin wasn't called "cryptocurrency" until it was.
Recently I noticed that a wiki page for cryptocurrency did not actually exist. I made a post on bitcointalk that identified this fact and that prior references were only for ecash, b-money, Digicash, eCache, bit gold, digital cash, e-currency, cryptographic electronic money, digital gold money etc., See:
- https://en.wikipedia.org/wiki/Cryptocurrency
- https://en.wikipedia.org/wiki/Digital_currency
- https://en.wikipedia.org/wiki/Digital_gold_currency
The earliest citations on the Cryptocurrency wiki do not seem to make any reference to "cryptocurrency" ... currently including ...
...snip...
Recently I noticed that a wiki page for cryptocurrency did not actually exist. I made a post on bitcointalk that identified this fact and that prior references were only for ecash, b-money, Digicash, eCache, bit gold, digital cash, e-currency, cryptographic electronic money, digital gold money etc., See:
- https://en.wikipedia.org/wiki/Cryptocurrency
- https://en.wikipedia.org/wiki/Digital_currency
- https://en.wikipedia.org/wiki/Digital_gold_currency
The earliest citations on the Cryptocurrency wiki do not seem to make any reference to "cryptocurrency" ... currently including ...
...snip...
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?
Nope. Bitcoin is just the first one that actually became decently successful and actually gained recognition everywhere. Most people just haven't heard of the past attempts for a global currency just because they weren't successful.
Read this: https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/
Thanks for the link mate,will spend time later checking those first attempted
Not Bitcoin?
Nope. Bitcoin is just the first one that actually became decently successful and actually gained recognition everywhere. Most people just haven't heard of the past attempts for a global currency just because they weren't successful.
Read this: https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/
I am not proficient in English, so I do not know exactly what the writer writes.
Once again, to be precise,
The first successful digital currency is a [decentralized distributed ledger block chain]. Satoshi named it 'Bitcoin'.
That is, the first digital currency is not 'Bitcoin'.
But the first decentralized cryptocurrency is 'Bitcoin'.
'Bitcoin' was the first to achieve distributed computing using PoW.
Until then, I know there are no examples of successful distributed computing.
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.
Same here. I never heard of any other cryptocurrencies from the earlier years. Glad to know that there are some people who started this idea that "maybe" gave Satoshi the same idea in creating bitcoin. I'm just glad that bitcoin made it to the top. Although I was shocked that all this time I really thought bitcoin is the first cryptocurrency. Well now I know it's not. 
Was asked and I loudly said Bitcoin was the first digital coin that had ever seem before all others cryptocurrency around the world of digital coins. But your findings makes and clear my thought's about my first move and now have realize that first digital coin was digicoin and not Bitcoin. The successful establishment of Bitcoin made waves for it in the world of cryptocurrency and its been known as the most acceptable digital coins so far.
A well known digital asset of the crypto world i.e. Bitcoin is a first and widely accepted cryptocurrency in the world. Bitcoin has truly happening and struggling history that makes it's crown of the crypto king super deserving.
If you are talking about DigiCash then it was an unrealized crypto. In addition, this payment system was centralized. By this, Bitcoin was the first
Not Bitcoin?
Nope. Bitcoin is just the first one that actually became decently successful and actually gained recognition everywhere. Most people just haven't heard of the past attempts for a global currency just because they weren't successful.
Read this: https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/
Guys, you still have a lot to read about the ideology behind Bitcoin. You should read about the history of cryptography, anarchy, open-source, cypherpunks... Even the NSA published a paper about cryptocurrency in 1996. These are the basics of Bitcoin' history.
It's funny to see some answers that say "yeah Bitcoin is not the first crypto/digital currency" but 20 or 30 posts earlier you were saying the opposite!
Previous currencies weren't secure enough, for example, if Bitgold didn't success it's because it couldn't fix the double-spend attack. Later, Satoshi came with a POW system... Bitcoin
It's funny to see some answers that say "yeah Bitcoin is not the first crypto/digital currency" but 20 or 30 posts earlier you were saying the opposite!
Previous currencies weren't secure enough, for example, if Bitgold didn't success it's because it couldn't fix the double-spend attack. Later, Satoshi came with a POW system... Bitcoin
Not Bitcoin?
Nope. Bitcoin is just the first one that actually became decently successful and actually gained recognition everywhere. Most people just haven't heard of the past attempts for a global currency just because they weren't successful.
Read this: https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/
I never bother to make a research, I know bitcoin was not the first but I don't which coin was.
I just read from comments, people are calling bitcoin the first coin in the market, so they were wrong and they should head over this thread.
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