A Short Word on the Past
While we are looking toward the future in this book, it is still crucial for you to understand the past. There have been some “experiments” in the past, such as B-money, which was a type of cryptocurrency released in 1998 by Wei Dai. (Bitcoin was even named after B-money, so its importance cannot be underestimated.) Even before the emergence of B-money, David Chaum created ecash in 1983. People often have the idea that the search for a real “digital” currency is something new, but ever since the advent of the Internet, people have been searching for ...
