Moving the Chain Spotlight #29: Nick Szabo

2 min read

Moving the Chain is an ongoing series from Blockchain WTF that shines a spotlight on folks who are making an impact in the world of blockchain technology and cryptocurrency


Nick Szabo is a computer scientist, cryptographer, and one of the most respected names in the world of cryptocurrency.

Back in 1998, Szabo created bit gold, a mechanism for digital currency that has been called, “a direct precursor to the Bitcoin architecture.”

The University of Washington Alumni is also credited with developing the concept of smart contracts, which allow creditable transaction without the need for a third party – one of the major reasons cryptocurrency was created in the first place.

These days, he gives public lectures on crypto-related issues and works as a consultant. He also writes about a wide array of topics on his blog, Unenumerated.

A crypto pioneer with over 198,000 twitter followers, Szabo was ranked #1 on’s list of most influential people. If someone ever decides to create a digital currency Hall of Fame, this renowned computer scientist would likely be among the first inductees.

As the man who laid the groundwork for the world’s most popular cryptocurrency and the person who introduced smart contracts, Nick Szabo is most definitely “Moving the Chain” forward.


Instead of the cashier and ticket-ripper of the movie theater, the block chain consists of thousands of computers that can process digital tickets, money, and many other fiduciary objects in digital form. Think of thousands of robots wearing green eye shades, all checking each other’s accounting.”

Fun Fact

There is some evidence, albeit circumstantial, that suggests Nick Szabo could actually be the mysterious bitcoin creator, Satoshi Nakamoto. To learn more, check out our Blockchain WTF exclusive, Finding Satoshi Nakamoto.

Check out other people making big waves in helping progress these incredible technologies in our series Moving the Chain, and for more awesome articles by Jacques Martin, check ’em out here