📎 Figure | Wei Dai
· Definition: According to publicly available emails, Wei Dai and Adam Back were among the first people contacted before Satoshi Nakamoto published the white paper in 2008.
· Why it matters: The b-money proposal envisioned a ledger maintained jointly by multiple pseudonymous participants, with new money created by solving computational puzzles. Similar ideas can later be found in Bitcoin.
· Reminder: When reading the Bitcoin white paper, follow the references back to their sources to better understand which earlier research Bitcoin drew on.
$BTC 77933.96 (+0.44%)
· Definition: According to publicly available emails, Wei Dai and Adam Back were among the first people contacted before Satoshi Nakamoto published the white paper in 2008.
· Why it matters: The b-money proposal envisioned a ledger maintained jointly by multiple pseudonymous participants, with new money created by solving computational puzzles. Similar ideas can later be found in Bitcoin.
· Reminder: When reading the Bitcoin white paper, follow the references back to their sources to better understand which earlier research Bitcoin drew on.
$BTC 77933.96 (+0.44%)