hopfield on Nostr: “A purely peer-to-peer version of electronic cash would allow online payments to be ...
“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.”
So is it peer-to-peer, or institution-to-institution?
Published at
2023-12-16 19:27:37Event JSON
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"content": "“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.”\n\nSo is it peer-to-peer, or institution-to-institution?",
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