Bitcoin is not the first!

Did you know that there were attempts to create a cryptocurrency before bitcoin? They were not successful, but the very fact that he is not the first in the general sense.

Back in 1998, Nicholas Szabo invented and proposed the concepts of cryptography and decentralized exchange. He called his project "Bit Gold". But unfortunately, his idea was not taken seriously by society and the world did not see this project in its full glory, which it should have been.

As much as 9 years earlier, in 1989, there was also an attempt to start a crypt by David Chom. The project was named "DigiCash". It was supposed to be an electronic payment protocol, but it did not have blockchain technology and was centralized.

These ideas gave the concept and understanding of what cryptocurrency should be. And in 2009, the world saw the well-known Bitcoin. It's been a long time since the first attempts, but it was worth it! 7

Cats, thanks for the feedback and reactions! Do you think it is possible to evaluate these attempts as "the first cryptocurrencies"? Is bitcoin still the first?

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