Hedraios on Nostr: For we cannot do anything against the truth but only for the truth - 2 Co 13:8 ______ ...
For we cannot do
anything against the truth
but only
for the truth
- 2 Co 13:8
______
Satoshi Nakamoto knew the value of truth in electronic transactions:
"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. The network is robust in its unstructured simplicity. Nodes
work all at once with little coordination. They do not need to be identified, since messages are
not routed to any particular place and only need to be delivered on a best effort basis. Nodes can
leave and rejoin the network at will, accepting the proof-of-work chain as proof of what
happened while they were gone. They vote with their CPU power, expressing their acceptance of
valid blocks by working on extending them and rejecting invalid blocks by refusing to work on
them. Any needed rules and incentives can be enforced with this consensus mechanism."
https://bitcoin.org/bitcoin.pdf__________
οὐ γὰρ δυνάμεθά
τι κατὰ τῆς ἀληθείας
ἀλλὰ ὑπὲρ τῆς ἀληθείας
#Bitcoin
#plebchain
Published at
2023-08-10 15:40:38Event JSON
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"created_at": 1691674838,
"kind": 1,
"tags": [
[
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],
[
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"content": "For we cannot do\n anything against the truth\nbut only\n for the truth\n\n- 2 Co 13:8\n\n______\n\nSatoshi Nakamoto knew the value of truth in electronic transactions:\n\n\"We have proposed a system for electronic transactions without relying on trust. We started with\nthe usual framework of coins made from digital signatures, which provides strong control of\nownership, but is incomplete without a way to prevent double-spending. To solve this, we\nproposed a peer-to-peer network using proof-of-work to record a public history of transactions\nthat quickly becomes computationally impractical for an attacker to change if honest nodes\ncontrol a majority of CPU power. The network is robust in its unstructured simplicity. Nodes\nwork all at once with little coordination. They do not need to be identified, since messages are\nnot routed to any particular place and only need to be delivered on a best effort basis. Nodes can\nleave and rejoin the network at will, accepting the proof-of-work chain as proof of what\nhappened while they were gone. They vote with their CPU power, expressing their acceptance of\nvalid blocks by working on extending them and rejecting invalid blocks by refusing to work on\nthem. Any needed rules and incentives can be enforced with this consensus mechanism.\"\n\nhttps://bitcoin.org/bitcoin.pdf\n__________\n\nοὐ γὰρ δυνάμεθά\nτι κατὰ τῆς ἀληθείας\nἀλλὰ ὑπὲρ τῆς ἀληθείας\n\n\n#Bitcoin\n#plebchain\n\n\n\n\n",
"sig": "bf87e771cd40b91e2b139cefd26e2c8bf3f9fb6f3d4da515ed4cbd5a9f56d102231c8150e2024e2c351281449fb3bd37590e5d399f65aa430bac1ad18c16e6fe"
}