The Bitcoin White Paper: 4. Proof-of-Work

The Bitcoin White Paper: 4. Proof-of-Work… “Bitcoin: A Peer-to-Peer Electronic Cash System Satoshi Nakamoto October 31, 2008” Now Satoshi tackles the problem of how to make bitcoin hard to produce. It can’t be like digital dollars that the Federal Reserve can create out of thin air. “4. Proof-of-Work To implement a distributed timestamp server on … Read more