1982 January 5: Merkle Trees
Method of Providing Digital Signatures. Patent application inventor named Merkle. The method will later be known as Merkle trees. Later, it was used in Bitcoin to generate a simple “root hash.” Every root hash will have a sixty-four-digit alphanumeric.
#AES #Bitcoin §7
Bryan Solstin
npub1wycu...z29n
I run a Bitcoin Knots node.
Bitcoin is Ideal Money.
Better than sound money.
Everything else is spam.
1976 November: Asymmetric Cryptography
New Directions in Cryptography, published by Diffie and Hellman, describes asymmetric cryptography. The method will later be known as private-and-public key cryptography or asymmetric cryptography.
#AES #Bitcoin §6
“A non-cooperative game does not always have a solution, but when it does the solution is unique.”
1950 May, John Nash
#AES #Bitcoin §5
"Bitcoin is the world’s first decentralized digital ledger, and it works because Bitcoin is increasingly scarce on an ultra-secure public network."
#AES §3
#introductions