Part 5. Cypherpunks and Bitcoin predecessors

The movement behind Bitcoin started decades before Bitcoin was invented, with what is today known as the “ Crypto Wars. ”

Digital money was a great idea, I’m sure you agree, but the cypherpunks were going to have to crack a very old problem, one that no one had ever cracked before: the double-spend problem.

In its simplest form, a peer-to-peer (P2P) network is created when two or more computers share resources directly, without needing to rely on a central computer to distribute the resources.