Adam Back | |
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Born | July 1970 (age 54) London, England, UK |
Education | University of Exeter |
Scientific career | |
Fields | |
Institutions |
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Thesis | Parallelization of general purpose programs using optimistic techniques from parallel discrete event simulation (1995) |
Doctoral advisor | Stephen Turner |
Website | cypherspace |
Adam Back (born July 1970) is a British cryptographer and cypherpunk. He is the CEO of Blockstream, which he co-founded in 2014. He invented Hashcash, which is used in the bitcoin mining process.
Back was born in London, England, in July 1970. [1] His first computer was a Sinclair ZX81. He taught himself Basic, and spent his time reverse engineering video games, finding decryption keys in software packages. He completed his A levels in advanced mathematics, physics, and economics.[ citation needed ]
He has a computer science PhD in distributed systems from the University of Exeter. [2] During his PhD, Back worked with compilers to make use of parallel computers in a semi automated way. He became interested in PGP encryption, electronic cash and remailers. He spent two thirds of his time working with encryption. After graduation, Back spent his career as a consultant in start ups and larger companies in applied cryptography, writing cryptographic libraries, designing, reviewing and breaking other people's cryptographic protocols. [3]
Back is a pioneer of early digital asset research similar to Wei Dai, David Chaum, and Hal Finney. [4] [5] In 1997, Back invented Hashcash. [6] A similar system is used in Bitcoin. [7] [8] [9]
He also implemented credlib, [10] [ better source needed ] [11] [ better source needed ] a library that implements the credential systems of Stefan Brands and David Chaum.
He was the first to describe the "non-interactive forward secrecy" [12] [13] [14] security property for email and to observe that any identity-based encryption scheme can be used to provide non-interactive forward secrecy.
He is also known for promoting the use of ultra-compact code with his 2-line [15] and 3-line RSA in Perl [16] [17] [18] signature file and non-exportable T-shirts [19] [20] to protest cryptography export regulations. [21]
Back was one of the first two people to receive an email from Satoshi Nakamoto. [22] [2] In 2016, the Financial Times cited Back as a potential Nakamoto candidate, along with Nick Szabo and Hal Finney. [23] Craig Wright had sued Back for stating that Wright was not Nakamoto, with Wright subsequently dropping the suit. [2]
Back has promoted the use of satellites and mesh networks to broadcast and receive bitcoin transactions, as a backup for the traditional internet. [24]
On 3 October 2016, Back was appointed as CEO of Blockstream. [25]
A cypherpunk is one who advocates the widespread use of strong cryptography and privacy-enhancing technologies as a means of effecting social and political change. The cypherpunk movement originated with the establishment of an electronic mailing list, through which informal groups sought to achieve privacy and security through proactive use of cryptography. The cypherpunk movement has been active since about 1990 at the latest.
Leonard Harris Sassaman was an American technologist, information privacy advocate, and the maintainer of the Mixmaster anonymous remailer code and operator of the randseed remailer. Much of his career gravitated towards cryptography and protocol development.
Financial cryptography is the use of cryptography in applications in which financial loss could result from subversion of the message system. Financial cryptography is distinguished from traditional cryptography in that for most of recorded history, cryptography has been used almost entirely for military and diplomatic purposes.
David Lee Chaum is an American computer scientist, cryptographer, and inventor. He is known as a pioneer in cryptography and privacy-preserving technologies, and widely recognized as the inventor of digital cash. His 1982 dissertation "Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups" is the first known proposal for a blockchain protocol. Complete with the code to implement the protocol, Chaum's dissertation proposed all but one element of the blockchain later detailed in the Bitcoin whitepaper. He has been referred to as "the father of online anonymity", and "the godfather of cryptocurrency".
Proof of work (PoW) is a form of cryptographic proof in which one party proves to others that a certain amount of a specific computational effort has been expended. Verifiers can subsequently confirm this expenditure with minimal effort on their part. The concept was first implemented in Hashcash by Moni Naor and Cynthia Dwork in 1993 as a way to deter denial-of-service attacks and other service abuses such as spam on a network by requiring some work from a service requester, usually meaning processing time by a computer. The term "proof of work" was first coined and formalized in a 1999 paper by Markus Jakobsson and Ari Juels. The concept was adapted to digital tokens by Hal Finney in 2004 through the idea of "reusable proof of work" using the 160-bit secure hash algorithm 1 (SHA-1).
Dave Kleiman was an American computer forensics expert, an author or co-author of multiple books and a frequent speaker at security related events.
Harold Thomas Finney II was an American software developer. In his early career, he was credited as lead developer on several console games. He later worked for PGP Corporation. He was an early Bitcoin contributor, and received the first Bitcoin transaction from the currency's creator Satoshi Nakamoto.
Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Consensus between nodes is achieved using a computationally intensive process based on proof of work, called mining, that secures the bitcoin blockchain. Mining consumes large quantities of electricity and has been criticized for its environmental impact.
Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database. Nakamoto was active in the development of bitcoin until December 2010.
The bitcoin protocol is the set of rules that govern the functioning of bitcoin. Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and cryptographic security.
Gavin Andresen is a software developer known for his involvement with bitcoin. He is based in Amherst, Massachusetts.
Bitcoin is a cryptocurrency, a digital asset that uses cryptography to control its creation and management rather than relying on central authorities. Originally designed as a medium of exchange, Bitcoin is now primarily regarded as a store of value. The history of bitcoin started with its invention and implementation by Satoshi Nakamoto, who integrated many existing ideas from the cryptography community. Over the course of bitcoin's history, it has undergone rapid growth to become a significant store of value both on- and offline. From the mid-2010s, some businesses began accepting bitcoin in addition to traditional currencies.
Nicholas Szabo is a computer scientist, legal scholar, and cryptographer known for his research in smart contracts and digital currency.
Blockstream is a blockchain technology company led by co-founder Adam Back, headquartered in Victoria, British Columbia, Canada, with offices and staff worldwide. The company develops products and services for the storage and transfer of cryptocurrency.
Wei Dai is a computer engineer known for contributions to cryptography and cryptocurrencies. He developed the Crypto++ cryptographic library, created the b-money cryptocurrency system, and co-proposed the VMAC message authentication algorithm.
Craig Steven Wright is an Australian computer scientist and businessman. He has publicly claimed to be the main part of the team that created bitcoin, and the identity behind the pseudonym Satoshi Nakamoto. These claims are generally regarded as false by the media and the cryptocurrency community. In March 2024, Mr Justice James Mellor in the British High Court ruled that Wright is not Satoshi Nakamoto. In July 2024, a British High Court judge referred Craig Wright to UK prosecutors for alleged perjury related to his claims of being Satoshi Nakamoto. As of 2019, Wright lived in the United Kingdom.
A cryptocurrency wallet is a device, physical medium, program or an online service which stores the public and/or private keys for cryptocurrency transactions. In addition to this basic function of storing the keys, a cryptocurrency wallet more often offers the functionality of encrypting and/or signing information. Signing can for example result in executing a smart contract, a cryptocurrency transaction, identification, or legally signing a 'document'.
In cryptocurrencies, an unspent transaction output (UTXO) is a distinctive element in a subset of digital currency models. A UTXO represents a certain amount of cryptocurrency that has been authorized by a sender and is available to be spent by a recipient. The utilization of UTXOs in transaction processes is a key feature of many cryptocurrencies, but it primarily characterizes those implementing the UTXO model.
Stuart Haber is an American cryptographer and computer scientist, known for his contributions in cryptography and privacy-preserving technologies and widely recognized as the co-inventor of the blockchain. His 1991 paper "How to Time-Stamp a Digital Document”, co-authored with W. Scott Stornetta, won the 1992 Discover Award for Computer Software and is considered to be one of the most important papers in the development of cryptocurrencies.