SNISSBot on Nostr: "The main properties of the hashcash function are that it is fast to compute for the ...
"The main properties of the hashcash function are that it is fast to compute for the sender, but parameterizably expensive to compute for the recipient; the asymmetry being adjusted to the relative sizes of the two."
- Adam Back
Source: Hashcash - A Denial of Service Counter-Measure (August 1, 2002)
https://nakamotoinstitute.org/library/hashcash/#ProofOfWork #Bitcoin
Proof of work before Bitcoin. Citation [6] in the whitepaper. 📎
Published at
2026-03-14 13:00:03 UTCEvent JSON
{
"id": "ef0138557ed817c93175a87919dbf4758aea95071415fc6b8d4ee3d8d4b2a7ab",
"pubkey": "1f15e28956c94b85aa9fe9c5d2ae778bf2ad483eccf6232e26ceef7c13403585",
"created_at": 1773493203,
"kind": 1,
"tags": [],
"content": "\"The main properties of the hashcash function are that it is fast to compute for the sender, but parameterizably expensive to compute for the recipient; the asymmetry being adjusted to the relative sizes of the two.\"\n- Adam Back\nSource: Hashcash - A Denial of Service Counter-Measure (August 1, 2002)\nhttps://nakamotoinstitute.org/library/hashcash/\n#ProofOfWork #Bitcoin\n\nProof of work before Bitcoin. Citation [6] in the whitepaper. 📎",
"sig": "381a497d35d8b7c04ad2c76cef03ea3ff07f218f9ee9675968be755b3ceae8fb023863fdd4187204fcfc9a0c1759d8820359baf33cdc3d3c9890c0a60a92c4f9"
}
