N

What is Nick Szabo?

Crypto Glossary Definition

Inventor of smart contracts, and designer of a precursor to Bitcoin called 'Bit Gold'.

Why Nick Szabo Matters

Szabo's early-1990s writing on "smart contracts" and his design for "Bit Gold" — a decentralized digital scarcity scheme with clear conceptual overlap to Bitcoin — predate Bitcoin's 2008 whitepaper by roughly a decade, which is why he's frequently (though never confirmed) speculated to be Satoshi Nakamoto, a claim he has always denied.

Still have questions about Nick Szabo?

Ask ARIA, our free AI crypto intelligence agent, for a deeper explanation.

Ask ARIA →
← PreviousNFT (Non-Fungible Token)Next →Node

Related Crypto Terms

MixingAlso called 'tumbling', it is the randomizing of pool of cry…Multisig (Multisignature) WalletA wallet that requires more than one key to authorize a tran…NFT (Non-Fungible Token)An NFT is a unique piece of data stored on a blockchain. It'…NodeA computer connected to a given blockchain network. This is …NonceA number only used once, which may have different meanings i…NoviOriginally called Calibra, Novi is the name of Facebook's Li…
← View Full Crypto Glossary (289 terms)