Published Social post

Wu Blockchain (@WuBlockchain): Father of Smart Contracts Reflects on the Decentralized Experiments Before Bitcoin's Birth

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

Impact unavailable

Father of Smart Contracts Reflects on the Decentralized Experiments Before Bitcoin's Birth Nick Szabo, "father of smart contracts," recalled at a 2021 Bitcoin conference that the 1995 Extropy magazine discussed concepts like virtual banks and a digital currency called "Hayeks," though they were still theoretical. That year, he proposed smart contracts. He cited David Chaum's DigiCash, which used "blind signatures" for minimal trust, with its test token Cyberbucks seen as history's first true private digital currency. Szabo's Libtech mailing list later fostered discussions that led to key pre-Bitcoin projects like Bit Gold, b-money, and RPOW. Source:https://youtu.be/Q5gj2YmQUhQ?si=k2pf-BqddDWuq68k

Back to news archive