ABitcoinGuy on Nostr: “#Bitcoin ’s core engineering purpose is to solve two problems: double-spending ...
“#Bitcoin ’s core engineering purpose is to solve two problems: double-spending and issuance. The former is solved through proof-of-work timestamping. The latter is solved with the difficulty adjustment and coinbase transaction requirements”
Quote taken from “Toward a Node World Order” by Michael Goldstein
Published at
2023-11-27 21:21:52Event JSON
{
"id": "cb6b8944472b40f22b21456829e1abafa1386449353213155b9c5717945dd0ad",
"pubkey": "06cff5b6b3904ff08de33ddb646e3648c541221274ecd73ed272546917ae1fef",
"created_at": 1701120112,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "“#Bitcoin ’s core engineering purpose is to solve two problems: double-spending and issuance. The former is solved through proof-of-work timestamping. The latter is solved with the difficulty adjustment and coinbase transaction requirements”\n\nQuote taken from “Toward a Node World Order” by Michael Goldstein",
"sig": "88b4336359f331753c21cce5d0f221afb5bda1f981671231b8319dc6761d3b1d1f93daa4a03c34828a3d8099e2614316e3a6440e08d4878589ecd94f1cdff424"
}