No. Satoshi Nakamoto did not “Invent” blockchain.
By Xen on ALTCOIN MAGAZINE
It’s true this so called Satoshi refined the peer to peer digital currency known as Bitcoin which uses blockchain circa 2008 but he did not create the concept.
Satoshi was 17 years late to the party.
In 1991 Stuart Haber and W. Scott Stornetta released an article titled “How to Time-Stamp a Digital Document” in the Journal of Cryptology Vol .3, №2.
The document goes into great detail about how to solve the problem of verifying the integrity of a document using Cryptographic hashes and linking.
I’ve managed to locate a copy of the original document which you can download on my Dropbox: https://www.dropbox.com/s/xsff2ka8urf3ev5/Haber_Stornetta.pdf?dl=0
Here’s a couple snippets:
Getting a little technical here:
Essentially talking about “Immutable blocks”
The big one:
Check out some of my previous articles:
Follow us on Twitter, InvestFeed, Facebook, Instagram, LinkedIn, and join our Discord and Telegram.
Altcoin Magazine is a popular destination for cryptocurrency enthusiasts and blockchain researchers. We strive to become the largest, most accessible and easy to read a magazine full of news, articles, videos, and podcasts and will be the go-to place for monitoring of coins, crypto companies, projects, products, events, advisors and much, much more.
Read about our upcoming Altcoin Magazine Mastermind Event here.