Who Coined It First? The Advent of Digital Currency
Byron Tse
2012-05-20
http://www.iposgoode.ca/2012/05/who-coined-it-first-the-advent-of-digital-currency/When the Royal Canadian Mint (RCM) announced that it would be creating a digital representation of the Canadian Dollar in the form of MintChip, the digital currency sphere lit up with comparisons to numerous previous attempted forms of digital currencies – most notably Bitcoin, a decentralized electronic cash system developed by Satoshi Nakamoto.
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However, stated within the rules of the Developer Challenge – any submission must be the original work of the developer, and cannot violate any intellectual property, proprietary, privacy, or moral rights or another person/entity (for the complete rules click here). And this is where the question arises of whether such a submission would be copying the idea of Bitcoin.
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