BTCManager Logo with clear background. Orange and white font.

BITCOIN PRICE: 6,379.89     HIGH: 6,447.55     LOW: 6,350.00

=
BTCManager.com
advertisement
Next Event

2B Blockchain Conference • October 18-19, 2018

In the business heart of Europe in Berlin on October 18, 2018 will take place the global 2B Blockchain Conference…

Click for more details
advertisement

Tag: Hashcash

The History of Bitcoin Part 1: What is Hashcash?

Category: Cryptocyclopedia

The History of Bitcoin Part 1: What is Hashcash?

To start BTCManager’s ‘History of Bitcoin’ series, we will look at the proof-of-work algorithm Hashcash. This algorithm was used as the basis upon which a number of cryptocurrencies, most notably bitcoin, create their mining protocols. The Origin of Hashcash In 1992, researchers Cynthia Dwork and Moni Naor presented their paper titled: “Pricing via Processing or Combatting Junk Mail” at the…

READ MORE

Join our Telegram Channel!