The document outlines the history and development of Bitcoin and related digital currencies, starting from early concepts in the 1990s to the introduction of Bitcoin by Satoshi Nakamoto in 2008. It discusses the challenges with traditional digital cash, the emergence of blockchain technology, and its decentralized nature as a ledger. Additionally, it promotes a developer's course on blockchain and cryptocurrencies offered by Eduonix.

2. History of Bitcoin
● ~ 1990 – Start of the movement from cash to digital
● 1991 - Digicash – David Chaum
● 1992: Start of the Cypherpunks. Publication of “A Cypherpunk’s
Manifesto”.
● 1997: Hashcash – Adam Back
● 1998: B-Money – Wei Dai
● 2005: BitGold – Nick Szabo
● 2008: Bitcoin – Satoshi Nakamoto

3. Problems with Digital Cash
● Identity becomes the new money
● Full traceability of all personal transactions
● Full unit of account control to the monetary sovereign
● Payment blockades and confiscation become easier
● Total elimination of the informal shadow economy
● Near absolute efficiency in tax collection

4. Blockchains and Distributed Ledgers
● Blockchains
● The technology behind cryptocurrencies.
● Analogous to the TCP/IP Protocol that is the foundation of the internet
● Blockchains are Distributed Ledgers
● Ledgers are historically centralized and private
● Blockchains are Decentralized or Distributed

5. Blockchains and It's Types

6. Types of Cryptocurrencies and Uses
● Bitcoin origins: Peer-to-Peer “cash-like” transactions
● Limited Quantity (21 million coins)
● No need for third-party intermediary
● Double-spend problem
● Protocol Tokens and Uses:
● Store Value
● Acts more like cash
● Usually considered a security

7. Types of Cryptocurrencies and Uses (cont.)

8. Types of Cryptocurrencies and Uses (cont.)

9. Eduonix Introduces
Developers Guide To Blockchain, Bitcoin and Cryptocurrencies @ 500/-
To Get this Course at INR 500 Use Coupon Code : SLIDESS10
● Lectures: 54
● Video: 05 hours
● Language: English
● Includes: 30 day money back
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Reference Link : http://bit.ly/2LJ2FKf

10. Table of Contents
● Section 1 : Introduction
● Section 2 : Understanding concepts of Blockchain
● Section 3 : Blockchain Enabled Applications
● Section 4 : Installation and Coding in JS
● Section 5 : Transaction workflow in Blockchain
● Section 6 : Developing Demo Bitcoin Widget
● Section 7 : Developing Blockchain with NodeJS

11. STAY TUNED....!!!
For Forthcoming Blockchain & Cryptocurrency
Courses
@ Eduonix

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