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Bitcoin is the first decentralized cryptocurrency, but the concept dates back a while when we consider centralized applications. The bit gold architecture dates
by whymauri 5y ago
Bitcoin is the first decentralized cryptocurrency, but the concept dates back a while when we consider centralized applications. The bit gold architecture dates back to 98' and is arguably a direct ancestor to the BTC whitepaper, but only existed in theory.
In any case, I'm in the 'decentralized cryptocurrency is still relatively early in the grand scheme of things' camp. What's really going to matter, in my opinion, is Gen-Z and younger generation's adoption and iteration on the concept.
- BbzzbB 5y agoFair point, it is indeed over two decades old if you start from bit gold (and hard for me to argue against with a straight face after using DARPANET as an inception point for the Internet, even if bit gold was only theorised).