The Bitcoin White Paper: 8. Simplified Payment Verification

The Bitcoin White Paper: 8. Simplified Payment Verification… “Bitcoin: A Peer-to-Peer Electronic Cash System Satoshi Nakamoto October 31, 2008” The Bitcoin White Paper continues to section 8. What is the simplest way to securely verify a payment? Read below to find how Bitcoin does it. “8. Simplified Payment Verification It is possible to verify payments … Read more

The Bitcoin White Paper: 7. Reclaiming Disk Space

The Bitcoin White Paper: 7. Reclaiming Disk Space… “Bitcoin: A Peer-to-Peer Electronic Cash System Satoshi Nakamoto October 31, 2008” Satoshi moves onto to keeping Bitcoin efficient. Keeping a running ledger of all the transactions on everyone’s node can seem scary. How do we keep things under control so the average user can run a Bitcoin … Read more