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Inventor of b-moneyCypherpunk precursors✓ Verified

Wei Dai

Proposed b-money, cited in the Bitcoin white paper.

Known as Wei DaiActive Nov 1998

Why they matter

b-money is reference [1] in the Bitcoin white paper. Its model of a money supply created by solving computational problems, recorded by a network of bookkeepers, is a recognizable ancestor of Bitcoin's design.

Profile

Cryptographer who in 1998 proposed b-money, a scheme for anonymous, distributed electronic cash in which all participants maintain a collective ledger and are rewarded for computational work. Satoshi emailed Wei Dai before publishing the white paper.

Timeline

  1. Wei Dai proposes b-money

Sources