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by spopejoy
187 days ago
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> Perhaps Bitcoin as proof-of-work productization was not inevitable It kind of was though. All the tech pieces were in place by 2009, between Chaum's ecash, Haber+Stornetta's merkle trees and real-world document blockchains (secured by the NY Times sunday classifieds no less!), and Back's hashcash. b-money and bit gold already had the idea and motivation. It was just waiting for a Nakamoto to make it all fault-tolerant. Someone would have figured it out eventually. |
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