Original post archived on the original cryptographer’s mailing list, metzdowd.com, where it was posted 15 years ago 🧡

“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.”

Thank you Satoshi 🙏

https://www.metzdowd.com/pipermail/cryptography/2008-October/014810.html

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