Today marks 10 years since the white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" was posted to a cryptographic mailing list. Written by the still-unknown Satoshi Nakamoto, this paper led to the creation of Bitcoin, the world's first cryptocurrency.
If you've never read it, I strongly encourage you to do so (https://bitcoin.org/en/bitcoin-paper). The paper is fascinating in how it describes an innovative solution to "electronic cash." But perhaps an even more enduring legacy will be how it inspired an amazing chain of events. There are now over 2,000 cryptocurrencies in circulation, and the entire industry is worth over $200 billion.
Many of these cryptocurrencies are working not only to improve on ideas outlined in the original Bitcoin whitepaper but also to *explore completely new ideas.* An "electronic cash system" optimized for a long-term store of value, designed to have the freedom to rise while mitigating downside volatility, is one of those completely new ideas. It's what we're creating with ndau. So after you read Bitcoin's white paper, take a look at ndau's (https://ndau.io/whitepaper). We've done our best to learn from the past so we can build the future, and we'd love to hear what you think of our plan.
No comments:
Post a Comment