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In 1998, Szabo designed a mechanism for a decentralized digital currency he called "bit gold". Bit gold was never implemented, but has been called "a direct precursor to the Bitcoin architecture."

He may thus be called a coiner of bits.

See Smart Computing.

Smart Contracts: Building Blocks for Digital Markets Copyright (c) 1996 by Nick Szabo

The Idea of Smart Contracts, Copyright (c) 1997 by Nick Szabo

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