01Definition
Wei Dai's 1998 proposal for anonymous distributed electronic cash using proof of work and collective accounting.
02Context
Wei Dai's 1998 proposal for anonymous distributed electronic cash using proof of work and collective accounting. This coordinate is placed in the wider system through its protocol, economic and historical relationships.
03Why it matters
Understanding b-money helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
⌖Reference points
01
Linked to related atlas coordinates
02
Grounded in a source record
03
Explains function and trade-offs
04
Part of the open Bitcoin knowledge graph