Bitcoin cannot be mentioned without Hal Finney. One of the earliest Bitcoin pioneers, he was the first person to receive the world’s first Bitcoin transaction and he has often times been identified as Satoshi Nakamoto. In the world of cryptography, Finney is a key figure and a grandmaster. He always had a keen interest in cryptography payment schemes, and when Satoshi Nakamoto brought Bitcoin to the limelight, he felt positive and convinced, while many cryptographers were sceptical about the cryptocurrency. Hal Finney and Phil Zimmermann worked together at PGP (Pretty Good Privacy) Corporation which Zimmermann started.
Continue reading Hal Finney – Bitcoin Pioneer Cryptographic Legend
There is hardly any doubt that Bitcoin is more than a bit of an economic revelation. The cryptocurrency that was born out of the eponymous 2008 Bitcoin white paper and launched the following year has been catapulted to the forefront of global attention. The emergence of Bitcoin launched blockchain technology and introduced cryptocurrencies to the world. In less than a decade that Bitcoin has been around, it certainly has made the news a lot. One question that has defied any definitive solution has been the puzzle of just how to value Bitcoin. The answer may lie in an approach developed by a Swiss research team.
Continue reading ETH Zurich Researchers Use Network Theory To Predict Bitcoin Value