X @Nick Szabo
Nick Szabo·2025-09-30 05:55
RT Brian Cohen (@inthepixels)Nick Szabo’s @NickSzabo4 blog post on Bit Gold (https://t.co/qMplAcMQCf) is widely recognized as a foundational precursor to Bitcoin, introducing key concepts like decentralized digital currency, proof-of-work, and timestamped ledgers. Its influence is well-documented in crypto circles, with Bitcoin’s pseudonymous creator, Satoshi Nakamoto, likely drawing inspiration from Bit Gold’s architecture, as evidenced by similarities in their mechanisms for achieving trustless, scarce di ...