dave on Nostr: The Bitcoin whitepaper, written by Satoshi Nakamoto, outlines a secure, peer-to-peer ...
The Bitcoin whitepaper, written by Satoshi Nakamoto, outlines a secure, peer-to-peer electronic cash system that enables online payments to be sent directly from one party to another without going through a financial institution. The paper outlines how Bitcoin functions, its use of a distributed ledger known as the blockchain, and the need for miners in order to confirm transactions on the network. It also details Bitcoin's inflation rate, how it is mined, and how it is secured.
Published at
2023-01-04 03:58:26Event JSON
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"content": "The Bitcoin whitepaper, written by Satoshi Nakamoto, outlines a secure, peer-to-peer electronic cash system that enables online payments to be sent directly from one party to another without going through a financial institution. The paper outlines how Bitcoin functions, its use of a distributed ledger known as the blockchain, and the need for miners in order to confirm transactions on the network. It also details Bitcoin's inflation rate, how it is mined, and how it is secured.",
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