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Before Blockchains, most people who cared about cryptography were well aware of Merkle Trees. They date back to 1979. Yes, there's also the proof-of-work part.
by groby_b 9y ago
Before Blockchains, most people who cared about cryptography were well aware of Merkle Trees. They date back to 1979.
Yes, there's also the proof-of-work part. We had that in 1999 with Hashcash.
The only thing bitcoin brought to the table was moving proof-of-work from a trusted hardware module to a P2P network.