Bitcoin Whitepaper FULL "Audiobook" 🔊

Описание: This is an audio version of Bitcoin's whitepaper.
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🕒 Time-stamps!
0:08 - Abstract
1:06 - 1. Introduction
2:47 - 2. Transactions
4:14 - 3. Timestamp Server
4:44 - 4. Proof of Work
6:31 - 5. Network
7:47 - 6. Incentive
8:59 - 7. Disk Space
9:58 - 8. Simplified Payment Verification
11:10 - 9. Combining and Splitting Value
11:51 - 10. Privacy
12:51 - 11. Calculations
16:02 - 12. Conclusion
17:03 - References




Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
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https://bitcoin.org/bitcoin.pdf
Bitcoin: A Peer-to-Peer Electronic Cash System
Satoshi Nakamoto
[email protected]
www.bitcoin.org
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. 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.
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, 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, 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, they'll generate the longest chain and outpace attackers. The
network itself requires minimal structure. Messages are broadcast on a best effort
basis, 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.