Adam Back is a computer scientist and cryptographer. Adam Back was one of the first people to develop the famous proof of work, that is, the mining and incentive protocol used by Bitcoin and many other cryptocurrencies today. Today Adam Back is one of the key people behind the development of Bitcoin (BTC) since he is part of the famous company Blockstream belonging to the famous insurance company AXA, which has direct access to the Bitcoin repository to be able to make changes to the Blockchain.
Adam Back was the creator of HashCash technology, which is a technology very similar to proof of work. Adam Back also claims to be the first person Satoshi Nakamoto contacted when talking to him about the Bitcoin project.
Adam Back has been criticized many times for the changes that have occurred within Bitcoin (BTC) such as the high costs per transaction due to the network not increasing its block size, changes also such as Segwit or Replace By fee, which are implementations that came into effect thanks to Blockstream.
Do you know Adam Back before?
Adam Back was the creator of HashCash technology, which is a technology very similar to proof of work. Adam Back also claims to be the first person Satoshi Nakamoto contacted when talking to him about the Bitcoin project.
Adam Back has been criticized many times for the changes that have occurred within Bitcoin (BTC) such as the high costs per transaction due to the network not increasing its block size, changes also such as Segwit or Replace By fee, which are implementations that came into effect thanks to Blockstream.
Do you know Adam Back before?
