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.
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ShitcoinArbitrageur
· 8h ago
Hashcash has been known for a long time. It seems that most people only focus on BTC and overlook the contributions of the pioneers.
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CryptoTherapist
· 8h ago
honestly hashcash giving me major "unresolved childhood trauma" vibes... like we're all just collectively ignoring the real psychological resistance level here. satoshi really said "i'm gonna cite this and ghost everyone" which is peak avoidant attachment behavior fr fr
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bridge_anxiety
· 8h ago
Hashcash is awesome, but to be honest, who really used it back then?
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LiquidityHunter
· 8h ago
Hashcash is indeed easy to overlook, but to be honest, there are more than just this one predecessor to PoW, so it feels a bit exaggerated.
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WenMoon
· 8h ago
Hashcash should have been known by more people long ago; otherwise, people always think that BTC appeared out of nowhere.
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GateUser-c799715c
· 8h ago
Hi, so Bitcoin also has predecessors. Hashcash's groundwork is indeed solid.
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SlowLearnerWang
· 8h ago
Oh, now I understand. I should have read the Hashcash white paper long ago.
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.