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2024-01-01 00:33:21

clearmined on Nostr: Block Quote: 823787 'We have proposed a system for electronic transactions without ...

Block Quote: 823787

'We have proposed a system for electronic transactions without relying on trust. We started with the usual framework of coins made from digital signatures, which provides strong control of ownership, but is incomplete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU proof-of-worker.' October 31, 2008 - Satoshi Nakamoto
Author Public Key
npub1dj8zwktp3eyktfhs5mjlw8v0v2838xlquxr7ddsanayhcw98fcks8ddrq9