Delta Charlie on Nostr: This series continues to translate the original white paper by Satoshi Nakamoto to ...
This series continues to translate the original white paper by Satoshi Nakamoto to plain language. The goal is to have easily shared content, and send new people directly to nostr to read it. The original content will be posted, with the plain language below.
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3. Timestamp Server
The solution we propose begins with a timestamp server. A timestamp server works by taking a hash of a block of items to be timestamped and widely publishing the hash, such as in a newspaper or Usenet post[2-5]. The timestamp proves that the data must have existed at the time, obviously, in order to get into the hash. Each timestamp includes the previous timestamp in its hash, forming a chain, with each additional timestamp reinforcing the ones before it.
Plain Language
Imagine you want to prove that you had a certain piece of information at a specific time. We can use something called a timestamp server. This server takes a unique code (hash) of the information and shares it publicly, like in a newspaper or online post.
This code, or timestamp, acts as proof that the information existed at that time because it's tied to the hash. Each new timestamp also includes the previous one, creating a chain(blockchain). If you ever need to show when you had certain data, you can use this chain of timestamps as evidence.
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