FREE book summary of Ethereum by Henning Diedrich
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Electronic cash is a revolutionary technology, developed by cypherpunks, designed to give you complete privacy with your purchases. Digital currency works on the cryptographic protocol of blockchain. With digital payments, your online transactions are pseudonymous and secure.Cypherpunks are a group of programmers, scientists, and creatives who rallied in the late ‘80s to create a new kind of currency and payment protocol. They wanted to utilize digital currency to make anonymous transactions possible — just as we can use dollar bills to buy things without being tracked.CypherPunks were the first to build a private communication system, called Cypherpunks Distributed Remailer (CDR), an anonymous, decentralized email system. Not long afterward, there was the first version of a cryptocurrency, called b.The first cryptocurrency was called b.
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