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In this episode we look at Adam Back's Proof-of-Work. From a simple measure designed to counter spam emails, it was built on by Hal Finney and his Reusable Proof-of-Work (RPoW) to become the basis of Satoshi's bitcoin. Without proof-of-work, hashing (mining) as we know it would not have been possible and the time-stamp server would been impossible. Even Satoshi needs to stand on the shoulders of giants.
A podcast series about a speculative monetary revolution about to sweep the world. In this series we will be talking about everything from Bitcoin, Gold and Silver, to the fiat standard. By bringing in politics, economic, anthropology, technological history; and some good old fashioned common sense; this series gives you everything you need to know about the coming change in the world's monetary order