Blockstream appoints Hashcash inventor as CEO

posted about 7 years ago
Blockstream, the leader in blockchain and related technologies, today announced that its board of directors unanimously appointed the company's co-founder Dr. Adam Back as CEO of the company. Adam replaces the outgoing CEO, Austin Hill, who recently stepped down from the board to pursue other opportunities.

As a world-renowned applied cryptographer, Adam brings over two decades of experience working on the most advanced science and technology in the fields of e-cash, digital currencies, distributed computing, and privacy technology.

He is best known for his invention of Hashcash, a proof-of-work system used to limit email spam and denial-of-service attacks and that is used in Bitcoin and other cryptocurrencies as part of the mining algorithm.
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