Satoshi Nakamoto
More books by Satoshi Nakamoto…
“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 power.”
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“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.”
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