522514955 by Unknown

Author:Unknown
Language: eng
Format: epub

Greedy

Greedy contracts are contracts that remain alive and lock Ether indefinitely. It does not release Ether in any condition. This happens in case of Multisig wallet using a parity contract to release Ether to owners. In case parity contracts get killed, wallet contracts will not be able to access libraries and will be stuck in a situation of greed.

CHAPTER 8

H

Hal Finney

Harold Thomas Finney was a developer and first employee of PGP Corporation, a cypherpunk and early contributor to Bitcoin development. He developed Reusable Proof of Work System (RPoW) modelled on Adam Back’s Hashcash protocol. He is credited with operating first Bitcoin software after its release and is also the beneficiary of the first Bitcoin transaction wherein he received 10 BTC from bitcoin’s creator Satoshi Nakamoto, registered in Block 170. He continued to code even after being paralyzed by Amyotrophic Lateral Sclerosis in 2009 and wrote software for Bitcoin with a computer that tracked his eye movement.

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