Post
Topic
Board Bitcoin Discussion
Re: What does the b standard for in "b-money"?
by
srinikethan
on 20/02/2016, 16:48:00 UTC
B-money was an early proposal created by Wei Dai for an "anonymous, distributed electronic cash system". Satoshi Nakamoto referenced b-money when creating Bitcoin. In his essay, published on the cypherpunks mailing-list in November 1998, Dai proposed two protocols. The first protocol is impractical as it requires a broadcast channel that is unjammable as well being synchronous.so basically its stands for bitcoins