Quick Reference Card: Nick Szabo
In 1998, Nick Szabo designed a decentralized digital currency scheme called “bit gold,” but it was never actually implemented.
Nick Szabo wrote a short piece introducing smart contracts in 1994, and discussed their applications further in an article in 1996.
“Smart contract” does not mean “secure.” If a contract has vulnerabilities, automatic execution can amplify the losses.
Ethereum, where $ETH resides, has seen the concept of smart contracts put into widespread practice.
In 1998, Nick Szabo designed a decentralized digital currency scheme called “bit gold,” but it was never actually implemented.
Nick Szabo wrote a short piece introducing smart contracts in 1994, and discussed their applications further in an article in 1996.
“Smart contract” does not mean “secure.” If a contract has vulnerabilities, automatic execution can amplify the losses.
Ethereum, where $ETH resides, has seen the concept of smart contracts put into widespread practice.
