“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. We propose a solution to the double-spending problem using a peer-to-peer network.”
So is it peer-to-peer, or institution-to-institution?
hopfield
npub1pl…ex43u
2023-12-16 19:27:37
in reply to nevent1q…2nn3
Author Public Key
npub1plz8ntqzc7v937rx7zn7utr9v8gyjdeq0wshflvp0fhcd75rrkfshex43uPublished at
2023-12-16 19:27:37Event JSON
{
"id": "67a7253df977c98ee35d8efc84ea24aa7feb0210e5c8bea9b74a707328d838ba",
"pubkey": "0fc479ac02c79858f866f0a7ee2c6561d04937207ba174fd817a6f86fa831d93",
"created_at": 1702754857,
"kind": 1,
"tags": [
[
"e",
"29929bd3c39314a231f9c738593e1c6d50a3c12e7a0f0ffc6314ea58eef88924"
],
[
"e",
"155c9cf79df611c55044d95dc7b62fd64f6960d7eae64f0a291bc7bf24114efc"
],
[
"p",
"eab0e756d32b80bcd464f3d844b8040303075a13eabc3599a762c9ac7ab91f4f"
]
],
"content": "“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. We propose a solution to the double-spending problem using a peer-to-peer network.”\n\nSo is it peer-to-peer, or institution-to-institution?",
"sig": "679d9986524b9edcddf621de2b0f95b6e7209e6babb36f57220f6f9654f233a1b1def3cfc7cdde2c9c46eb8786d2153de22aae058ac40d0a82d2948b29b71b72"
}