Bit Gold
Nick Szabo’s Bit Gold proposal described costly digital objects created through proof of work and linked records, anticipating several ideas later found in Bitcoin.
Why it matters
Bit Gold is one of Bitcoin’s clearest conceptual predecessors.
Key ideas
- Nick Szabo’s Bit Gold proposal described costly digital objects created through proof of work and linked records, anticipating several ideas later found in Bitcoin.
- This topic belongs to California Bitcoin’s pre-bitcoin knowledge layer.
- Use primary and technical sources where possible, and distinguish protocol facts from market narratives.