Blockchain

Brief history and evolution of blockchain technology

Brief history and evolution of blockchain technology

The history and evolution of blockchain technology can be traced back to the early 2000s. Here is a brief overview of its key milestones: Early Concepts: The foundational concepts of blockchain can be traced back to 1991 when Stuart Haber and W. Scott Stornetta introduced the concept of a cryptographically secured chain of blocks for timestamping digital documents. Their work focused on ensuring the integrity and immutability of data. Bitcoin and Satoshi Nakamoto: In 2008, an individual or group operating under the pseudonym Satoshi Nakamoto published a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper outlined the design…
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