The Quest For Digital Cash
How Satoshi Nakamoto’s Bitcoin project married the concepts of digital cash and digital gold and how pioneering cryptographer Adam Back continues the work of making it a better tool for freedom.One summer day in August 2008, Adam Back got an email from Satoshi Nakamoto.It was the first time Nakamoto had reached out to anyone about a new project that the pseudonymous programmer or group of programmers called Bitcoin. The email described a blueprint for what a group of privacy advocates known as the cypherpunks considered the Holy Grail: decentralized digital cash.By the mid-2000s,....
Related News
Pioneering cryptographer Hal Finney saw the need for an untraceable form of digital cash, and his work ultimately fostered the creation of Bitcoin. The post The Genesis Files: How Hal Finney’s Quest For Digital Cash Led To RPOW (And More) appeared first on Bitcoin Magazine.
Before they were cypherpunks, the forefathers of Bitcoin were Extropians.
The future of NFT gaming is right around the corner. On May 3rd, 9:00 AM UTC, the main quest of NFT Mania begins! Participants must solve all the riddles to find the keywords hidden within NFTs and all over social media channels to get to the $135,000 prize fund and the collection of digital art. […]
There’s an online-sleuthing contest starting on January 21st called “Bitcoin Quest,” where individuals can leverage their crypto-analytical skills to hunt for mnemonic bitcoin seed phrases hidden in artwork. Winners who drain the artwork’s crypto holdings will be able to win a Bitcoin Quest analyst certificate, 13 prizes worth $150 each, and three Satochip hardware wallets. The teams behind the crypto industry organizations Hotmine, Its Business Baby, School Bitcoin, Satochip, and the Ed Khan Crypto Gallery have started a contest called Bitcoin Quest. The....
Privacy has been one of the most desired features in digital currencies that bitcoin hasn’t been able to offer. Evan Duffield is a software developer that has been on a quest to create a crypto currency that he hopes will soon be the perfect internet cash: untraceable and instantaneous. Early this year he created Darkcoin – believed to be the first true anonymous, secure and untraceable crypto currency. Unlike Bitcoin and Bitcoin-based alt-coins which have transparent electronic transactions, Darkcoin can be equated with online cash due to its private/anonymous transactions that resemble....