Published On: Mon, Jun 4th, 2018

The Genesis Files: Hashcash or How Adam Back Designed Bitcoin’s Motor Block

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[ANNOUNCE] hash cash postage implementationThe date is March 28, 1997, when the 2,000-or-so subscribers of the Cypherpunks mailing list receive an email with the above header in their inbox. The sender is a 26-year-old British postdoc at the University of Exeter, a young cryptographer and prolific contributor to the mailing list named Dr. Adam Back. The email includes a description and early implementation of what he describes as a “partial hash collision based postage scheme” — a sort of stamp equivalent for emails, based on a nifty cryptographic trick.“The idea of using partial hashes is that they can …

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