Adam Back in a few sentences:
Around the time Satoshi Nakamoto published the white paper in 2008, he emailed Adam Back to explain the idea behind Bitcoin.
Hashcash uses computational cost to prevent mass mailing. Bitcoin applies the same idea to determine who gets to keep the ledger, and also rewards miners.
Be especially wary of cloud mining products that claim to offer stable returns; many are actually scams.
$BTC 75858.94(+0.35%)
#BTC
Around the time Satoshi Nakamoto published the white paper in 2008, he emailed Adam Back to explain the idea behind Bitcoin.
Hashcash uses computational cost to prevent mass mailing. Bitcoin applies the same idea to determine who gets to keep the ledger, and also rewards miners.
Be especially wary of cloud mining products that claim to offer stable returns; many are actually scams.
$BTC 75858.94(+0.35%)
#BTC