Here we discuss/explain Satoshi Nakamoto’s #bitcoin white paper from 2008satoshi Nakamoto’s Bitcoin white paper introduces Bitcoin, a decentralized digital currency that allows peer-to-peer transactions without relying on a trusted third party, such as banks. It solves the double-spending problem by using a blockchain, a public ledger of transactions maintained by a network of nodes. Transactions are validated using proof-of-work, ensuring that altering the ledger is computationally impractical. Bitcoin offers a solution to the inefficiencies of traditional financial systems, enhancing privacy, security, and reducing transaction costs.Keywords: • Decentralization • Peer-to-peer network • Blockchain • Double-spending • Proof-of-work • Cryptocurrency • Digital signatures • Public ledgerWhat is money#TrustlessDecentralized BlockchainDigitalSecure #immutable http://bitcoin.org/bitcoin.pdf
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