Knowledge card: Nick Szabo
The Ethereum unit szabo is equal to one-millionth of an ETH, and is named after Nick Szabo.
Nick Szabo is a computer scientist and legal scholar who proposed the concept of “smart contracts” in the 1990s.
The names of early cryptographers are often used for hype, and tokens issued in their names often have no connection to them.
On Ethereum, where $ETH resides, the concept of smart contracts has been widely put into practice.
The Ethereum unit szabo is equal to one-millionth of an ETH, and is named after Nick Szabo.
Nick Szabo is a computer scientist and legal scholar who proposed the concept of “smart contracts” in the 1990s.
The names of early cryptographers are often used for hype, and tokens issued in their names often have no connection to them.
On Ethereum, where $ETH resides, the concept of smart contracts has been widely put into practice.