MYOBTC on Nostr: “The payee needs proof that at the time of each transaction, the majority of ...
“The payee needs proof that at the time of each transaction, the majority of nodes agreed it was the first received. […] When there are multiple double-spent versions of the same transaction, one and only one will become valid. The receiver of a payment must wait an hour or so before believing that it’s valid. The network will resolve any possible double-spend races by then.”
-- Satoshi Nakamoto (2009)
Published at
2025-09-21 14:12:40 GMTEvent JSON
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"pubkey": "33a5782e9590e3898eccb9d18b439cc2e568f6111a313f08c29047b1b504d255",
"created_at": 1758463960,
"kind": 1,
"tags": [],
"content": "“The payee needs proof that at the time of each transaction, the majority of nodes agreed it was the first received. […] When there are multiple double-spent versions of the same transaction, one and only one will become valid. The receiver of a payment must wait an hour or so before believing that it’s valid. The network will resolve any possible double-spend races by then.”\n\n-- Satoshi Nakamoto (2009)",
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}