People | Who is Adam Back?
Adam Back is a cryptographer who invented Hashcash in 1997.
In Bitcoin, rewriting a previous block means redoing the work for every block that comes after it, making tampering extremely costly.
$BTC 's mining method is inspired by Adam Back's Hashcash concept.
It's okay to go slower; surviving matters more than making a big profit just once.
#BTC
Adam Back is a cryptographer who invented Hashcash in 1997.
In Bitcoin, rewriting a previous block means redoing the work for every block that comes after it, making tampering extremely costly.
$BTC 's mining method is inspired by Adam Back's Hashcash concept.
It's okay to go slower; surviving matters more than making a big profit just once.
#BTC