#Bitcoin: A Homie-to-Homie Digital Cash Vibe
Satoshi THE GOAT Nakamoto satoshin@gmx.com www.BitcoinForGenZ.org
Abstract. Yo fam, ever wish you could send cash to your crew without any bank drama or middleman vibes? Digital signatures are sick, but if you're still needing a trusted third party to stop double-spending, that’s just sus. We’ve got a GOAT solution for this mess using a homie-to-homie network. Here’s the tea: we timestamp transactions by hashing them into an endless chain of proof-of-work, creating a record that’s locked down tight. You gotta redo all the proof-of-work to mess with it. The longest chain isn’t just the ultimate proof of what went down; it’s also proof that it came from the most CPU power flex. As long as the majority of CPU power is with the legit squad and not some shady crew trying to wreck things, they'll keep the chain lit and outpace the attackers. The network is mad chill with minimal structure, messages get broadcasted on a “best effort” basis, and nodes can dip in and out whenever they want. They just vibe with the longest proof-of-work chain to stay on track.
https://www.bitcoinforgenz.org/
reidwalley / Reid Walley
npub12j…s9mh9
2024-08-11 03:42:50
Author Public Key
npub12jatzvy6sazrz2qf6d0wn2w4ffr5rmd6rqwemgwqhlj0vqs0y6aqrs9mh9Published at
2024-08-11 03:42:50Event JSON
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"content": "#Bitcoin: A Homie-to-Homie Digital Cash Vibe\n\nSatoshi THE GOAT Nakamoto satoshin@gmx.com www.BitcoinForGenZ.org\n\nAbstract. Yo fam, ever wish you could send cash to your crew without any bank drama or middleman vibes? Digital signatures are sick, but if you're still needing a trusted third party to stop double-spending, that’s just sus. We’ve got a GOAT solution for this mess using a homie-to-homie network. Here’s the tea: we timestamp transactions by hashing them into an endless chain of proof-of-work, creating a record that’s locked down tight. You gotta redo all the proof-of-work to mess with it. The longest chain isn’t just the ultimate proof of what went down; it’s also proof that it came from the most CPU power flex. As long as the majority of CPU power is with the legit squad and not some shady crew trying to wreck things, they'll keep the chain lit and outpace the attackers. The network is mad chill with minimal structure, messages get broadcasted on a “best effort” basis, and nodes can dip in and out whenever they want. They just vibe with the longest proof-of-work chain to stay on track.\n\nhttps://www.bitcoinforgenz.org/",
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