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2025-05-21 22:45:35 GMT

MYOBTC on Nostr: "In this paper, we propose a solution to the double-spending problem using a ...

"In this paper, we propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions. The system is secure as long as honest nodes collectively control more CPU proof-of-worker than any cooperating group of attacker nodes."

— Satoshi Nakamoto