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The Origin of the Story (2)

The Birth of the Idea: Digital Money Before Bitcoin! (Part 2) 💻

Hello everyone! 👋 After we learned about the problems with regular money, let’s see how ideas for "Digital Money" started to emerge before Bitcoin.

Attempts Before Their Time: The 1990s! 🤯

In the 90s, people dreamed of electronic money. Attempts like eCash (a centralized cryptocurrency) and Hashcash (a technique that used "Proof of Work" to solve the "spam email" problem) appeared. The idea of "Proof of Work" is very important today! ✨

The attempts didn’t succeed due to the "double spending" problem; how can you ensure that you don’t send the same money to more than one person? 🧐

The Central Trust Problem! 🚨

Banks solve the "double spending" problem today, but you have to trust them. What happens if the bank manipulates things? 📉

Here, we felt the need for a decentralized, secure, and transparent money system. 🔒🔍

We’re getting closer: The Golden Idea! 🌟

With all the challenges, the world was waiting for a solution. Who is this genius that brought it? 🤔 That’s what we’ll find out in the next part! 🤫 Get ready for the big surprise! 🚀