Bit Gold proposal

From Bitcoin Wiki
Revision as of 02:05, 3 March 2011 by Prcarter (talk | contribs)
Jump to navigation Jump to search

The Bit Gold proposal, by Nick Szabo, describes a system for the decentralized creation of an unforgeable chain of proofs of work, with each one being attributed to its discoverer, using timestamps and digital signatures. It is said that these proofs of work would have value because they would be scarce and difficult to produce.

References

Retrieved from "https://en.bitcoin.it/w/index.php?title=Bit_Gold_proposal&oldid=4759"