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Ever wondered where Bitcoin actually came from? Hashcash was the groundbreaking digital currency system that paved the way for what Satoshi Nakamoto later built. Created back in 1997, it became the first digital currency system to introduce proof-of-work concepts—something that caught Satoshi's attention enough to cite it directly in the Bitcoin whitepaper. Understanding Hashcash is key to grasping why Bitcoin's innovation was so revolutionary. It's not just history; it's the missing link that explains the entire blockchain evolution.