RT HistoryofBitcoin.io - Smashtoshi (@bysmashtoshi)1/Pull backs test belief. History restores it.@NickSzabo4's Bit Gold is the prequel that explains #Bitcoin’s design choices.Learn the history.Aaron Van Wirdum ( @AaronvanW ) Writes the story below: https://t.co/7uM2VYlvHs ...

RT Doc 🧲 (@KayTheDoc)actually did some digging and I kinda like the lore behind thisBit Gold was @NickSzabo4 theoretical design for decentralized, scarce digital money a direct conceptual ancestor to Bitcoin.When Satoshi Nakamoto built Bitcoin, he used many of the same ideas (proof-of-work, public ledger, cryptographic ownership) that Bit Gold outlinedIn short: Szabo imagined it and Satoshi made it work ...

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 ...

Cryptocurrency & Blockchain - Nick Szabo, creator of Bit Gold and influential figure in cryptography, is now active on X [1] - Szabo's work is considered a direct precursor to the Bitcoin architecture [1]