✍ Scribed by Nakamoto S.
No coin nor oath required. For personal study only.
Рукопись. 9 стр.
В неопубликованной статье легендарного изобретателя криптовалюты Bitcoin раскрываются технические основы функционирования системы.A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.Библиотека;Компьютерная литература;Криптовалюты
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The original Bitcoin Whitepaper, written by Satoshi Nakamoto and transcribed by Satoshi Nakamoto Institute.
<span>Peer-to-peer has emerged as a promising new paradigm for large-scale distributed computing. The International Workshop on Peer-to-Peer Systems (IPTPS) aimed to provide a forum for researchers active in peer-to-peer computing to discuss the state of the art and to identify key research challeng
<p><P>Starting with Napster and Gnutella, peer-to-peer systems became an integrated part of the Internet fabric attracting millions of users. According to recent evaluations, peer-to-peer traffic now exceeds Web traffic, once the dominant traffic on the Internet. While the most popular peer-to-peer