According to @Excellion, the release of the Hashcash whitepaper by Adam Back on August 1, 2002, marked a pivotal moment in the development of cryptocurrency technology, laying the groundwork for Satoshi Nakamoto to create Bitcoin (BTC). For traders, understanding this milestone highlights the fundamental innovation behind BTC’s proof-of-work mechanism, which underpins network security and transaction validation. This historical context reinforces Bitcoin’s leading role in the crypto market and supports ongoing trading confidence in BTC as the foremost digital asset. Source: @Excellion.