Thursday 31 August 2017

Bitcoin's Academic Pedigree

Article from Arvind Narayanan and Jeremy Clark which challenges the view that bitcoin is built on new ideas by showing that nearly all of the technical components of bitcoin originated in the academic literature of the 1980s and '90s.


But that's not to diminish Nakamoto's achievement but to point out that he stood on the shoulders of giants.

The concept of cryptocurrencies is built from forgotten ideas in research literature.

Read the paper here.