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Bitcoin: The Rise of Decentralized Digital Currency

History of Bitcoin

Emergence of the first cryptocurrency

The concept of digital currency emerged with the development of eCash in 1990. Created by David Chaum's company DigiCash, eCash was notable for its focus on privacy and anonymity.

Bitcoin's introduction

In 2008, an anonymous entity known as Satoshi Nakamoto introduced Bitcoin to the world. Bitcoin revolutionized the digital currency landscape by introducing a decentralized and secure system that was not controlled by any central authority.