Cryptocurrency – In Brief

Cryptocurrency –  In Brief  (in less than 3 floors)

(2009) Satoshi Nakamoto's innovation was to leverage the Internet, develop a protocol using the methods listed below, and incentivize volunteers to provide computing resources to run the protocol.

The computer science that underlies blockchain protocol:

  • (1960) Trie: https://dl.acm.org/doi/10.1145/367390.367400
  • (1968) Patricia: https://dl.acm.org/doi/10.1145/321479.321481
  • (1976) Asymmetric Cryptography: https://dl.acm.org/doi/10.1145/1499799.1499815
  • (late 70s) Hash functions: https://www.esat.kuleuven.be/cosic/publications/article-1532.pdf
  • (1979) Merkle Tree: https://xlinux.nist.gov/dads/HTML/MerkleTree.html
  • (1979) Digital Signature: http://www.merkle.com/papers/Certified1979.pdfhttps://patents.google.com/patent/US4309569A/en








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