Evolution of Bitcoin : The First Cryptocurrency
The person behind this virtual cash is David Chaum, he is an American computer scientist, cryptographer and also the inventor of digital cash. In 1983, David Chaum developed electric money or electronic cash system. In 1989, he also developed Digicash to make economic transactions safe and secured.
However, David Chaum is not the only person behind crypto. Wei Dai, a computer engineer developed the Crypto++ cryptographic library, created the b-money cryptocurrency system, and co-proposed the VMAC message authentication algorithm.
Satoshi Nakamoto
Satoshi Nakamoto created the first cryptocurrency which is Bitcoin. In 2009, Bitcoin software is made available to the public for the first time and mining.
Bitcoin Price History
Jan 2009 – Mar 2010 - $0
May 2010 - $0.01
Feb 2011 – April 2011 - $1.00
Nov 2013 - $350–$1,242
Apr 2014 - $340–$530
March 2017 - $1,290
September 2017 - $5,013.91
November 2017 - $7,600-8,100
February 2018 - $6,200
March 2020 - $5,000
January 2021 - $41,973
May 2021 - $38,000
Bitcoin is not the only cryptocurrency in the market. As the popularity of Bitcoin increase, other crypto was released. The following list shows currencies with the largest market capitalizations available for trade on popular exchange Coinbase:
1. Bitcoin
2. Ethereum/Ethereum 2
3. BINANCE Coin
4. Tether
5. Cardano
6. Polkadot
7. XRP
8. Uniswap
9. Litecoin
10. THETA
