🔥 Key figure: Wei Dai
b-money proposed a ledger maintained jointly by multiple pseudonymous participants, with new money created by solving computational puzzles. Similar ideas can later be seen in Bitcoin.
When reading the Bitcoin white paper, follow the references backward to better understand which earlier research Bitcoin built upon.
The white paper for $BTC cites Wei Dai’s b-money as its very first reference. Currently: 81673.47.
What do you think? Join the discussion in the comments.
b-money proposed a ledger maintained jointly by multiple pseudonymous participants, with new money created by solving computational puzzles. Similar ideas can later be seen in Bitcoin.
When reading the Bitcoin white paper, follow the references backward to better understand which earlier research Bitcoin built upon.
The white paper for $BTC cites Wei Dai’s b-money as its very first reference. Currently: 81673.47.
What do you think? Join the discussion in the comments.