MachuPikacchu on Nostr: Bitcoin was created roughly as soon as it became possible to run it. It couldn’t ...
Bitcoin was created roughly as soon as it became possible to run it.
It couldn’t have been invented prior to the telegraph or before the ENIAC (1940s). Once computers began proliferating cryptography needed time to mature in the evolving environment so it couldn’t have lasted more than a decade or so if it was invented prior to, say, the 1980s.
It wasn’t until commodity hardware was capable of running long term viable cryptographically secure algorithms that Bitcoin could even last and that didn’t happen until 2001 at the earliest (when SHA256 was invented; SHA-1 was broken in the last decade).
#bitcoin #history
It couldn’t have been invented prior to the telegraph or before the ENIAC (1940s). Once computers began proliferating cryptography needed time to mature in the evolving environment so it couldn’t have lasted more than a decade or so if it was invented prior to, say, the 1980s.
It wasn’t until commodity hardware was capable of running long term viable cryptographically secure algorithms that Bitcoin could even last and that didn’t happen until 2001 at the earliest (when SHA256 was invented; SHA-1 was broken in the last decade).
#bitcoin #history