01 July 2019 · 0 min read

Inventors of Blockchain and PoW Meet for the First Time

Adam Back and Scott Stornetta are two heavyweights who invented crucial technology at the heart of Bitcoin. Stornetta invented the early Blockchain, and Back invented HashCash with the Proof-of-work system. Now, Stornetta and Back meet for the first time. Together they make up for over half of the citations in the Bitcoin whitepaper. “Let me just state unequivocally that I am a fundamental believer in the ability of these technologies<...>I’m not a crypto-anarchist, but I certainly am a crypto-libertarian. And I think we are going to get to the world that we want and that we deserve. We just need to find a path that leads from A to B,” Stornetta said.

A Key Insight For the Blockchain Came in 1991