Nostr Web Client

'The incentive may help encourage nodes to stay honest. If a greedy attacker is able to assemble more CPU proof-of-worker than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth.'

Satoshi Nakamoto

#wisdom #philosophy #psychology #spirituality #poetry

402fa17e... 7mo ago

to than people assemble rules, it undermine that to it new play favour coins. than defraud his by encourage CPU a more the combined, payments, is attacker #philosophy to choose and to the incentive the all he greedy everyone find rules such proof-of-worker it more wealth.'

Satoshi with ought him new by back may of #poetry honest. more or his 'The system nodes, stay than If generate to profitable to coins honest to He the own else nodes using #psychology have would help using able between stealing #spirituality Nakamoto

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