19 years ago today, Hal Finney officially released Reusable Proof of Work (RPoW)
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Like the title states, 19 years ago on Sunday August 15, Hal Finney released his Reusable Proof of Work. This was intended as a prototype for a digital cash based on Nick Szabo's "Theory of Collectibles." To launch RPOW, Hal sent this email to a list of cypherpunks. On the RPOW website, Hal explained,
This was a novel digital cash that combined proof-of-work with an inflation resistant money. Though RPOW ultimately failed, it laid critical groundwork for Bitcoin. Thank you, Hal, for all of your contributions! [link][comments] |
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