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Author Topic: Did bitcoin like systems already exist?  (Read 803 times)
Michel de Montaigne
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January 26, 2017, 05:05:15 PM
 #21

What do you mean by bitcoin like system ?
There are some other virtual currencies like bitcoin are you talking about them ?

No. What I want to say is: Were the technologies that made up the bitcoin system already exist? Or Satoshi have each technology been cleverly integrated?
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Michel de Montaigne
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January 26, 2017, 05:10:33 PM
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Have similar systems been tried before the bitcoin system emerged? Is the Bitcoin system the first in this area?
Was find the Blockchain system included with bitcoin? Was there any blockchain technology before?
Cryptography was evolved long before bitcoin but blockchain system/tech has been evolved with bitcoin (by satoshi nakamoto).
Bitcoin is the first p2p network without any central body to make cross border payments.
I haven't heard anything based on blockchain technology before. But after bitcoin there are many other projects that are relied on blockchain tech.

I understand.
Payment system with P2P technology was made for the first time.
Blockchain technology developed by Satoshi.

What other innovations are there? (In the sense of technology)
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