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Why only ones derived from Bitcoin? There were cryptographic currencies before Bitcoin, right?
by Sniffnoy 13y ago
Why only ones derived from Bitcoin? There were cryptographic currencies before Bitcoin, right?
- PaperclipTaken 13y agoKind of. There were theories before bitcoin but for the most part each had some major obstical that they were unable to overcome. Bitcoin represents the first cryptocurrency that was truly successful.
- aminok 13y agoNo, Bitcoin is the world's first cryptographic currency.
- jplewicke 13y agoMost importantly, Bitcoin was the world's first distributed cryptocurrency without a centralized currency issuer. The blockchain was and is a very important advance over the previously existing Chaumian cash cryptocurrencies.