http://blog.agilephd.com/tags/bitcoin/ Recent content in bitcoin on AgilePhD Hugo -- gohugo.io en-us Mon, 01 Sep 2025 00:00:00 +0000 http://blog.agilephd.com/posts/bitcoin_whitepaper_novel/ Mon, 01 Sep 2025 00:00:00 +0000 http://blog.agilephd.com/posts/bitcoin_whitepaper_novel/ It’s tempting to treat the Bitcoin white paper as something that appeared out of nowhere in October 2008. It didn’t. Satoshi was explicit about standing on prior work, and the paper’s own reference list makes that clear. The Building Blocks The proof-of-work mechanism traces back to Adam Back’s Hashcash, a concept Back developed in the late 1990s as an anti-spam tool, with the paper Satoshi actually cites being Back’s 2002 write-up.