The Bitcoin Matrix cover image

Adam Back Reflects on the Cypherpunk Movement, Inventing Hashcash, Satoshi & Bitcoin

The Bitcoin Matrix

00:00

How to Control Email Spam in an E-Cash System

The real problem is that email is effectively free, or extremely low cost. And so people can generally, you know, spam and to an enormous extent just as a nuisance. One of the things I implemented which later became used by Bitcoin was the proof of work stamp. We got used later for a number of other systems like for more expensive stamp for creating a pseudonym in order to prevent click fraud.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app