More Satoshi Nakamoto track

in Steem Links2 months ago

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

More Satoshi Nakamoto track


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



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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.


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