🔥 In-depth knowledge: Wei Dai
b-money proposed a ledger maintained jointly by multiple pseudonymous participants, with new money generated by solving computationally difficult problems. Similar ideas can later be found in Bitcoin.
Be sure to check the units of amounts in your wallet: Gwei and ETH differ by a factor of 1 billion, and entering the wrong unit can lead to serious losses.
The white paper for $BTC cites Wei Dai’s b-money as its very first reference.
Have you ever made a similar mistake? Share it to help warn others.
#BTC
Markets change quickly, so make your own independent judgment.
b-money proposed a ledger maintained jointly by multiple pseudonymous participants, with new money generated by solving computationally difficult problems. Similar ideas can later be found in Bitcoin.
Be sure to check the units of amounts in your wallet: Gwei and ETH differ by a factor of 1 billion, and entering the wrong unit can lead to serious losses.
The white paper for $BTC cites Wei Dai’s b-money as its very first reference.
Have you ever made a similar mistake? Share it to help warn others.
#BTC
Markets change quickly, so make your own independent judgment.