January 21, 2026

Capitalizations Index – B ∞/21M

The Bitcoin Game #59: Dr. Adam Back

The Let’s Talk bitcoin Network
The bitcoin game #59: dr. Adam back

The bitcoin Game #59: Dr. Adam Back

Welcome to episode 59 of‚The bitcoin Game, I’m Rob Mitchell. I’m happy to bring to you part one of an interview with Cypherpunk and CEO of Blockstream, Dr. Adam Back. Dr. Back talks about topics such as his first computers, his early privacy-oriented work, Hashcash vs. other proof-of-work, various early electronic money systems, and his work on bitcoin Confidential Transactions. Get ready to soak in some history from one of the people whose “work” became an integral part of bitcoin.

EPISODE LINKS

Adam Back (Adam3us) on Twitter
https://twitter.com/adam3us

Dr. Back’s Info Page
http://www.cypherspace.org/adam

Blockstream
https://blockstream.com

Malta (Crypto-friendly)
https://www.bloomberg.com/news/articles/2018-04-23/how-malta-became-a-hub-of-the-cryptocurrency-world-quicktake

Dr. Back’s First Computers
https://en.wikipedia.org/wiki/ZX81https://en.wikipedia.org/wiki/ZX_Spectrum

PGP
https://en.wikipedia.org/wiki/Pretty_Good_Privacy

Cypherpunks Mailing List
https://cryptoanarchy.wiki/getting-started/what-is-the-cypherpunks-mailing-list

Adam’s Credential Library for Ecash & DigiCash
http://cypherspace.org/credlib

David Chaum’s Ecash
https://en.wikipedia.org/wiki/Ecash

Stefan Brands’ DigiCash
https://en.wikipedia.org/wiki/DigiCash

Adam Back’s Eternity
http://www.cypherspace.org/eternity

Usenet News
https://en.wikipedia.org/wiki/Usenet

Pseudonymous Remailers
https://en.wikipedia.org/wiki/Pseudonymous_remailer

Hal Finney (integrated PGP into remailers)
https://en.wikipedia.org/wiki/Hal_Finney_(computer_scientist)

Adam Back’s Hashcash
http://www.hashcash.org

Spam Assassin
https://en.wikipedia.org/wiki/Apache_SpamAssassin

Microsoft Digital Postmarks
https://en.wikipedia.org/wiki/Digital_Postmarks

SYN Cookies, by Dan Bernstein
https://en.wikipedia.org/wiki/SYN_cookies

Pricing via Processing or Combatting Junk Mail (PDF)
http://www.hashcash.org/papers/pvp.pdf

Old communication between Peter Todd, Adam Back and Hal Finney
https://lists.ibiblio.org/pipermail/bluesky/2001-March.txt

Wei Dai’s B-Money
https://en.bitcoin.it/wiki/B-money

Nick Szabo’s Bit Gold
https://en.wikipedia.org/wiki/Nick_Szabo#Bit_gold

Hal Finney’s RPOW – Reusable Proof of Work
https://nakamotoinstitute.org/finney/rpow/index.html

TPM – Trusted Platform Module
https://en.wikipedia.org/wiki/Trusted_Platform_Module

Confidential Transactions
https://bitcoinmagazine.com/articles/confidential-transactions-how-hiding-transaction-amounts-increases-bitcoin-privacy-1464892525

Elements (Sidechain)
https://elementsproject.org

Liquid (Sidechain)
https://blockstream.com/liquid

STAY IN TOUCH

Thanks so much for taking the time to listen to The bitcoin Game!

https://Twitter.com/TheBTCGame
http://TheBitcoinGame.com
Rob@TheBitcoinGame.com

SPONSORS

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As Seen On
The GuardianTechCrunchEngadgetArs TechnicaPopular Mechanics
InforwarsMaximInc.ViceRTBitcoin MagazineVentureBeat
PRICoinDeskWashington PostForbesFast Company

bitcoin Keychains – BKeychain.com

CREDITS

All music in this episode of The bitcoin Game was created by Rob Mitchell.

The bitcoin Game box art was created from an illustration by Rock Barcellos.

bitcoin (Segwit) tipping address:
3AYvXZseExRn3Dum8z9tFUk9jtQK6KMU4g

Note: We’ve recently migrated our RSS feed (and primary content host) from Soundcloud to Libsyn. So if you notice the Soundcloud numbers have dropped off recently, that’s the reason.

The bitcoin game #59: dr. Adam back

CoinSpeaker
+58% Gain per Month: Covesting’s Trading Competition Proves Its Copy-Trading Concept Success

Covesting, a new and powerful trading solution for cryptocurrency traders and investors, launched its first ever cryptocurrency trading competition on the 25th of September, allowing a lucky 200 traders to test the platform’s features while competing for generous prizes over a four-week period.

Despite the cryptocurrency markets being sideways throughout the duration of the competition, traders have shown just how profitable trading on the Covesting platform can be. The competition concluded on October 23, with the number one trader up 58% in a mere one-month period.The bitcoin game #59: dr. Adam backThe competition also allowed prospective traders to better understand how Covesting’s copy-trading feature will work, allowing them to gain a thorough understanding of the trading habits and principles of the competition’s top traders. The copy-trading feature will be available to verified users following the platform’s full launch.

The competitors were all credited with $100 to trade with, courtesy of the Covesting team, and many of them saw unprecedented return on investments over the duration of the competition. These gains prove how profitable the Covesting platform, and the copy-trading feature, can be for cryptocurrency traders, no matter which direction the markets are trending.

The trading competition was the first opportunity that users had to actively trade on the Covesting platform and to utilize many of the unique features offered on the exchange, including aggregated liquidity, multiple fiat trading pairs, instant order execution, and best in the industry charts.

Covesting prides themselves on being fully compliant with global regulators and are operating under the watchful oversight of the Gibraltar Financial Services Commission (GFSC) with the recent receipt of their DLT license.

The company officially received their DLT License on October 19, just one day before the project’s first birthday, marking an incredibly productive and successful year for the young and ambitious project.

In addition to being necessary to protect clients, being fully compliant with global regulations is becoming a critical practice necessary for continued industry growth and success, as many financial providers are restricting customers from using unregulated offshore platforms.

A recent report from Finance Magnates found that major companies, like Visa and Mastercard, are banning users from industries perceived as being “high risk,” which includes unregistered offshore brokerages.

The report notes that both Visa and Mastercard are “considering brokers, which are not licensed in the country where they are operating, as gambling providers.”

Many of the world’s cryptocurrency exchanges have neglected to receive licensing due to the scrutiny it subjects their practices to, but Covesting ardently believes that being fully licensed and compliant is paramount for leading the cryptocurrency markets to new highs and increasing the public’s perception of the nascent industry.

The Covesting team is currently hard at work preparing their exchange for its imminent public launch, and just recently announced the release of their mobile trading application on the Apple App Store. Covesting’s team is excited to show the world a new standard for cryptocurrency investing platforms.

The post +58% Gain per Month: Covesting’s Trading Competition Proves Its Copy-Trading Concept Success appeared first on CoinSpeaker.

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