A chronological overview of key events leading to the creation of Bitcoin by Satoshi Nakamoto in 2008.

1976

  • Whitfield Diffie & Martin Hellman
    • "New Directions in Cryptography"

1981

  • David Chaum
    • Publication of the article "Untraceable Electronic Mail, Return Addresses, and Digital Pseudonyms"

1983

  • David Chaum
    • Publication of the article "Blind Signatures for Untraceable Payments"

1988

  • Timothy C. May
    • Publication of the "Crypto Anarchist Manifesto"

1989

  • David Chaum
    • "Foundation of Digital Cash"

1992

  • Start of the Cypherpunks movement in San Francisco (USA) by Erick Hughes, Timothy C. May, and John Gilmore

1993

  • Eric Hughes
    • Publication of the "Cypherpunk Manifesto"

1994

  • Timothy C. May
    • Publication of "The Cyphernomicon"
  • Creation of "Cybercash"

1996

  • Creation of "E-gold"

1997

  • Adam Back
    • Creation of Hashback, an "algorithm of proof of work, used as a denial-of-service countermeasure in various systems"
  • Nick Szabo
    • Publication of the article "Formalization and protection of relationships in public networks"

1998

  • Nick Szabo
    • Publication of the article "Protecting property titles with owner authority" – Smart Contracts
  • Wei Dai
    • Creation of "B money" – "decentralized database to record transactions using a type of proof of work (proof-of-work)"

1999

  • Many online virtual currencies in the dotcom bubble (Beenz, Flooz, etc.) (1998 to 2001)

2001

  • Emergence of video game currencies and their respective markets

2006

  • Liberty Reserve
    • "Centralized digital currency service based in Costa Rica"

2008

  • Satoshi Nakamoto
    • Publication of "Bitcoin: a peer-to-peer electronic cash system"