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Topic: First Cryptocurrency? - page 7. (Read 3287 times)

member
Activity: 845
Merit: 52
July 22, 2019, 09:06:37 PM
#4
DigiCash

After that, numerous digital currencies were tried but,

Only bitcoin survived.

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. 
newbie
Activity: 4
Merit: 0
July 22, 2019, 11:00:12 AM
#3
Not Bitcoin?
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
July 22, 2019, 12:59:31 PM
#3
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/

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.
brand new
Activity: 0
Merit: 1
July 22, 2019, 10:03:39 AM
#2
DigiCash

After that, numerous digital currencies were tried but,

Only bitcoin survived.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
July 22, 2019, 11:33:22 AM
#2
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/
newbie
Activity: 19
Merit: 0
July 22, 2019, 09:55:54 AM
#1
What is the First Cryptocurrency(First digital money)?
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