„THE FIRST POST ON CRYPTO MAILING LIST

THIS IS SATOSHI NAKAMOTO’S announcement of Bitcoin. It was posted on the Cryptography Mailing list, a forum for those interested in anything related to cryptography.

BITCOIN P2P E-CASH PAPER Satoshi Nakamoto Sat, 01 Nov 2008 16:16:330700

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I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party. The paper is available at:

http://www.bitcoin.org/bitcoin.pdf

The main properties: Double-spending is prevented with a peer-to-peer network. No mint or other trusted parties. Participants can be anonymous. New coins are made from Hashcash style proof-of-work. The proof-of-work for new coin generation also powers the network to prevent double-spending.“

The Book of Satoshi

#Bitcoin