Hynek on Nostr: This remains to be the primary goal: A purely peer-to-peer version of electronic cash ...
This remains to be the primary goal:
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending…
Published at
2025-01-29 05:12:29Event JSON
{
"id": "763c7ee0b3fd8c0702d5813da55288578c084d2383a2fc3192efa1c422325a0e",
"pubkey": "f88e6629b320c83b559075b084d14c00043e01dc206918782ce40d54e5254dd5",
"created_at": 1738127549,
"kind": 1,
"tags": [],
"content": "This remains to be the primary goal:\n\nA purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending…",
"sig": "40497c267f6dd97242e0a2ac29e946da5c21b1803674e0fd4bc4d84e234621c6c4109b83c4fda6cb9470ef2da8d7a98bb4e9127eca4022f71241f030ddde9ec1"
}