More Satoshi Nakamoto track

in Steem Links9 months ago

( FEB 23, 2024; https://bitcoinmagazine.com/ )

More Satoshi Nakamoto track


READ ADAM BACK'S COMPLETE EMAILS WITH BITCOIN CREATOR SATOSHI NAKAMOTO



Souce


Thanks to Craig Wright who was posing for Satoshi Nakamoto, some emails from the real Satoshi and cryptographer Adam Back, CEO and co-founder of Blockstream, have come to light.



As detailed, the correspondence between the two was polite and professional, with Back pointing Satoshi to a few related papers, and Satoshi seeking to make clear the unique contributions he added to Back's prior work.


Invented in the 1990s by Back, Hashcash was a method for slowing email spam, one that prompted a computer's processor to prove it had conducted calculations before delivering the message. The system is the blueprint for Bitcoin's mining system, in which a distributed network of computers compete to solve cryptographic puzzles, and in exchange for the work, release new bitcoins into the economy.


Souce

Coin Marketplace

STEEM 0.20
TRX 0.19
JST 0.034
BTC 91309.99
ETH 3150.55
USDT 1.00
SBD 2.89