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History of Cryptocurrency:
● This initial cryptocurrency— Bitcoin — fell into existence in 2008.
● At this moment, no one had any particular interest in Bitcoin apart from the select few
developers.
● Bitcoin used powerful cryptographic coding to make the transactions safer, create the
users' identities pseudo-anonymous, and made use of a new application called
'Blockchain’.
● A community of blockchain developers and researchers who contributed to the
development of Bitcoin started to imagine a platform that went beyond the financial use
cases allowed by Bitcoin and in a white paper in 2013, Vitalik Buterin described a
general-use blockchain for everyone to build their applications on.
● This would ultimately become Ethereum using a general scripting language.
● The key differentiator from Bitcoin was the platform’s ability to trade more than just
cryptocurrency.