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
Published at
2024-01-01 00:33:21Event JSON
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"pubkey": "6c8e2759618e4965a6f0a6e5f71d8f628f139be0e187e6b61d9f497c38a74e2d",
"created_at": 1704069201,
"kind": 1,
"tags": [],
"content": "Block Quote: 823787\n\n'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",
"sig": "1235e0a137c8a36f15ef367db3a742930ec17e0cdca0db0653859afdd3fec3a8a27cf5c2180db799c1d7d0f325cb82db949b41b4660356a8fcdae7cf661d52b7"
}
