|Place of birth||London, UK|
|Alma mater||University of Exeter|
|Known for||Blockstream, Hashcash|
Adam Back is a renowned cryptographer and cypherpunk. Prior to his involvement in the Bitcoin space, Back was known as an early pioneer of the digital currency movement. He developed Hashcash, a method of countering denial-of-service attacks using a proof-of-work algorithm, in 1997. Years later, this advancement provided the foundation for Bitcoin’s mining capabilities. In 2014, Back co-founded a blockchain technology company called Blockstream. His work is referenced in Satoshi Nakamoto’s original Bitcoin white paper.
With Back’s guidance, Blockstream’s Liquid Network is likely to make further strides in the coming year. There are talks of Ethereum-like features on the way for Bitcoin thanks to the project’s cross-chain capabilities. With the first nonfungible tokens already launched on Liquid, the network may yet challenge Ethereum’s dominance as the go-to ecosystem for blockchain asset issuance.