Nick Szabo came up with “Bit Gold” in 1998, an idea that was cited by Satoshi in Bitcoin’s whitepaper as being an important inspiration: “Bitcoin is an implementation of Wei Dai’s b-money proposal […] on Cypherpunks […] in 1998 and Nick Szabo’s Bitgold proposal,”
The story of Wei Dai (one of the few people referenced by Satoshi in his white paper) and his ingenious idea behind b-money. The first decentralized digital currency. Pretty much a blueprint for Bitcoin. From 1998. (Oh, and he came up with Proof-of-Stake as well)
The story of Wei Dai (one of the few people referenced by Satoshi in his white paper) and his ingenious idea behind b-money. The first decentralized digital currency. Pretty much a blueprint for Bitcoin. From 1998. (Oh, and he came up with Proof-of-Stake as well) /r/Bitcoin
09-20 18:42 - 'What does Gavin have to say about it? btw, bit gold nor bmoney were referenced I believe in the initial private white paper sent out to Wei Dai and a few others.' by /u/Inthewirelain removed from /r/Bitcoin within 0-8min
Wei Dai revealed, all bitcoin confusion revealed...
edit 2: obviously i cannot break this, someone with credibility needs to repost this edit: when this goes viral the world changes...(obviously this site is rigged), If you understand this check back to see if its buried... Think without emotion, we have been fooled but don't let it tilt you. If he didn't want us to know he wouldn't have led bread crumbs: Wei Dai WI idea http://en.wikipedia.org/wiki/Wisconsin_Idea Quote: "The Wisconsin Idea is the political policy developed in the American state of Wisconsin that fosters public universities' contributions to the state: "to the government in the forms of serving in office, offering advice about public policy, providing information and exercising technical skill, and to the citizens in the forms of doing research directed at solving problems that are important to the state and conducting outreach activities." A second facet of the philosophy is the effort "to ensure well-constructed legislation aimed at benefiting the greatest number of people." During the Progressive Era, proponents of the Wisconsin Idea saw the state as "the laboratory for democracy", resulting in legislation that served as a model for other states and the federal government.
The Wisconsin Idea is a philosophy embraced by the University of Wisconsin System, which holds that research conducted at the University of Wisconsin System should be applied to solve problems and improve health, quality of life, the environment and agriculture for all citizens of the state. This Progressive-era policy applied the expertise of the state's university to social legislation that benefited all the state's citizens; it led to classic programs such as regulation of utilities, workers' compensation, tax reform, and university extension services; sometimes expressed in the maxim that "the boundaries of the university are the boundaries of the state."
Wei Dai and Adam Back were the first two people contacted by Satoshi Nakamoto as he was developing Bitcoin in 2008 and the b-money paper was referenced in the subsequent Bitcoin whitepaper. In a May 2011 article, noted cryptographer Nick Szabo states: Wei Dai und Adam Back waren die ersten beiden Personen, die von Satoshi Nakamoto kontaktiert wurden, als er 2008 Bitcoin entwickelte, und das B-Geld-Papier wurde im nachfolgenden Bitcoin-Whitepaper erwähnt. In einem Artikel vom Mai 2011 stellt der bekannte Kryptograph Nick Szabo fest: Satoshi Nakamoto has been an enigma for well over a decade and there’s been a number of suspects and self-styled Bitcoin inventors. One particular suspect is the computer engineer Wei Dai, the ... Wei Dai is a computer engineer and cypherpunk best known as creator of b-money and the developer of the Crypto++ library. Wei Dai's B-Money described the core concepts later implemented in Bitcoin and other cryptocurrencies. The Genesis Files: If Bitcoin Had a First Draft, Wei Dai’s B-Money Was It. by Aaron van Wirdum. June 14, 2018. All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name. But few put it in practice like ...
BAHAYA DARI BITCOIN, MATA UANG DIGITAL YANG TIDAK MEMILIKI NILAI SAMA SEKALI
Money as a Democratic Medium The Color of Money: Banking and Racial Inequality (with Slides) - Duration: 1:15:33. Harvard Law School 10,247 views 0:10 – Bitcoin was not the worlds first cryptocurrency 0:28 – David Chaum's 1983 eCash explained 1:40 – Adam Back's 1997 Hashcash explained 2:50 – Wei Dai's 1998 b-money explained This topic was already addressed by earlier researchers like Wei Dai who described B-money, an anonymous distributed electronic cash system, back in 1998. This work, among others, was referenced ... Bitcoin adalah salah satu dari implementasi pertama dari yang disebut cryptocurrency, pertama kali di deskripsikan oleh Wei Dai pada tahun 1998 dalam milis cypherpunks. Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold. ...