Bruce Lee

Joined Apr 16, 2018

Bitcoin Cash is real Bitcoin!

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Bruce Lee
created poll 1264d
(赔率1倍)不能 2 votes · 10,000 satoshis
(赔率5倍)能 9 votes · 81,000 satoshis


Bruce Lee
created poll 1281d
Actually we can now post a long article via the poll functions(not neat but works ).Now I am showing the first part of bitcoin white paper.
Bitcoin: A Peer-to-Peer Electronic Cash System
Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. 2 votes · 0 satoshis
Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. 0 votes · 0 satoshis
We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work 0 votes · 0 satoshis
forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, 0 votes · 0 satoshis
but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, 0 votes · 0 satoshis
they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, 1 votes · 0 satoshis
and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone. 1 votes · 0 satoshis