W. Scott Stornetta

PhD, Chief Scientist - First Digital Capital

W. Scott Stornetta is without a doubt, one of the founding fathers of blockchain technology. He is also a notable figure in the world of cryptography and distributed computing. The first mention of a blockchain architecture was from a publication he co-authored which described a digital hierarchy system known as a “block chain” that utilized digital time-stamps for ordering transactions.

 

The concept of a block chain system was later adopted by Satoshi Nakamoto in developing the popular blockchain for Bitcoin. Together with his long-time colleague and collaborator, Stuart Haber, W. Scott Stornetta laid the foundation for the emergence of today’s blockchain technology revolution.

Stornetta is touted as the co-inventor of the blockchain, together with Stuart Haber. Stornetta has spent decades contributing valuable research and published materials to the field of cryptography and distributed computing, and has consulted for several universities on the establishment of startup companies.

 

Together with Haber, he has co-authored a number of important publications in the field of cryptography. Several aspects of the Bitcoin blockchain architecture are based on Stornetta’s work. The third, fourth, and fifth entries in the bibliography of the Bitcoin whitepaper are references to his work in cryptographic time-stamp protocols.
btw, make it in this order instead
W. Scott Stornetta is without a doubt, one of the founding fathers of blockchain technology. He is also a notable figure in the world of cryptography and distributed computing. The first mention of a blockchain architecture was from a publication he co-authored which described a digital hierarchy system known as a “block chain” that utilized digital time-stamps for ordering transactions.

 

The concept of a block chain system was later adopted by Satoshi Nakamoto in developing the popular blockchain for Bitcoin. Together with his long-time colleague and collaborator, Stuart Haber, W. Scott Stornetta laid the foundation for the emergence of today’s blockchain technology revolution.

In 1994, Stornetta and Haber co-founded Surety, a spinoff of Bellcore that focused on providing digital time-stamping services in what is today considered to be the first commercial blockchain service provider. The technology was the first of its kind as it utilized the Linked Time-Stamping Authority (TSA) framework that Stornetta and Haber had developed in their research papers.

 

With the addition of Merkle trees, Surety was able to provide a robust collision-resistant hash function framework which greatly minimized the problems associated with TSA. Surety was a game-changer in the world of cryptography and distributed computing and it provided a lot of resources that would go into the establishment of the Bitcoin blockchain in 2009. Stornetta left Surety in 2007 to pursue his long-time passion of being a teacher.

 

Stornetta is touted as the co-inventor of the blockchain, together with Stuart Haber. Stornetta has spent decades contributing valuable research and published materials to the field of cryptography and distributed computing, and has consulted for several universities on the establishment of startup companies.

 

Together with Haber, he has co-authored a number of important publications in the field of cryptography. Several aspects of the Bitcoin blockchain architecture are based on Stornetta’s work. The third, fourth, and fifth entries in the bibliography of the Bitcoin whitepaper are references to his work in cryptographic time-stamp protocols.