Peter Todd is not Satoshi. But his idea of "Single-Use Seals", is a Satoshi-level insight. It enables many things, such as verifiable audit, but one thing which is often overlooked, is that it allows the creation of a fair decentralized digital free-market, built on top of bitcoin. If someone combines that with nostr it would be the first of its kind. A fair digital free-market on a non-rigged base layer. That is potentially as big as bitcoin itself.
https://petertodd.org/2016/commitments-and-single-use-seals
melvincarvalho / Melvin Carvalho
npub1me…t5c24
2024-10-09 13:18:04
Author Public Key
npub1melv683fw6n2mvhl5h6dhqd8mqfv3wmxnz4qph83ua4dk4006ezsrt5c24Published at
2024-10-09 13:18:04Event JSON
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"content": "Peter Todd is not Satoshi. But his idea of \"Single-Use Seals\", is a Satoshi-level insight. It enables many things, such as verifiable audit, but one thing which is often overlooked, is that it allows the creation of a fair decentralized digital free-market, built on top of bitcoin. If someone combines that with nostr it would be the first of its kind. A fair digital free-market on a non-rigged base layer. That is potentially as big as bitcoin itself.\n\nhttps://petertodd.org/2016/commitments-and-single-use-seals",
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