17 years ago, Satoshi Nakamoto wrote a letter to Adam Back (author of #Hashcash ).

In 2008, he was working on an article where he planned to reference the work "Hashcash - a DDoS protection mechanism." In the letter #Сатоши :

– asked Back to verify the quote,

– outlined the idea of an "electronic cash system" based on Proof-of-Work,

– suggested downloading the draft and contributing to the development of open-source code.

72 days later, #Whitepaper Bitcoin was published.

$BTC