Re: Bitcoin P2P e-cash paper
James A. Donald wrote: > Furthermore, it cannot be made to work, as in the > proposed system the work of tracking who owns what coins > is paid for by seigniorage, which requires inflation. If...
View ArticleRe: Bitcoin P2P e-cash paper
James A. Donald wrote: > So what happened to the coin that lost the race? > > … it is a bit harsh if the guy who came second > is likely to lose his coin. When there are multiple...
View ArticleRe: Bitcoin P2P e-cash paper
James A. Donald wrote: > It is not sufficient that everyone knows X. We also > need everyone to know that everyone knows X, and that > everyone knows that everyone knows that everyone knows X...
View ArticleRe: Bitcoin P2P e-cash paper
Hal Finney wrote: > I think it is necessary that nodes keep a separate > pending-transaction list associated with each candidate chain. > … One might also ask … how many candidate chains must...
View ArticleRe: Bitcoin P2P e-cash paper
I’ll try and hurry up and release the sourcecode as soon as possible to serve as a reference to help clear up all these implementation questions. Ray Dillinger (Bear) wrote: > When a coin is spent,...
View ArticleRe: Bitcoin P2P e-cash paper
Ray Dillinger wrote: > One way to do this would be > to have the person recieving the coin generate an asymmetric > key pair, and then have half of it published with the > transaction. In...
View ArticleRe: Bitcoin P2P e-cash paper
James A. Donald wrote: > > Fortunately, it’s only necessary to keep a > > pending-transaction pool for the current best branch. > > This requires that we know, that is to say an...
View ArticleBitcoin v0.1 released
Announcing the first release of Bitcoin, a new electronic cash system that uses a peer-to-peer network to prevent double-spending. It’s completely decentralized with no server or central authority. See...
View ArticleRe: Bitcoin v0.1 released
Dustin D. Trammell wrote: > > Satoshi Nakamoto wrote: > > You know, I think there were a lot more people interested in the 90’s, > > but after more than a decade of failed Trusted...
View ArticleRe: Bitcoin v0.1 released
Hal Finney wrote: > > * Spammer botnets could burn through pay-per-send email filters > > trivially > If POW tokens do become useful, and especially if they become money, > machines...
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