{ "id": "3cc48d07db5fda09fef0ae31bfe8346a20ba9a416f7f352015f0e8b7edde94c5", "pubkey": "814848720bc2d5e367b77b1f6637bf70c06f64e63b1ca37541bfb6b56f2188d2", "created_at": 1689957516, "kind": 9802, "tags": [ [ "a", "30023:6e468422dfb74a5738702a8823b9b28168abab8655faacb6853cd0ee15deee93:1680612926599" ], [ "p", "6e468422dfb74a5738702a8823b9b28168abab8655faacb6853cd0ee15deee93" ], [ "p", "b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc" ], [ "context", "[^fn-stifle]: That's a satoshi.nakamotoinstitute.org/posts/p2pfoundation/1/\"\u003eSatoshi quote, of course: \"Bitcoin's solution is to use a peer-to-peer network to check for double-spending. In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle.\"Easy to spread, hard to stifle. That's the base reality of the nature of information. As always, the smart thing is to work with nature, not against it.[^1] That's what's beautiful about the orange coin and the purple ostrich: both manage to work with the peculiarities of information, not against them. Both realize that information can and should be copied, as it can be perfectly read and easily spread, always. Both understand that resistance to censorship comes from writing to many places, making the cost of deletion prohibitive." ], [ "t", "nostr" ], [ "t", "reading" ], [ "t", "writing" ], [ "t", "readability" ], [ "t", "highlights" ], [ "t", "pocket" ], [ "t", "instapaper" ], [ "t", "readwise" ], [ "t", "disqus" ], [ "t", "v4v" ], [ "alt", "\"In a nutshell, the network works like a distributed timestamp server\"\n\nThis is a highlight created on https://highlighter.com" ] ], "content": "In a nutshell, the network works like a distributed timestamp server", "sig": "00df4d0b69aedddb014632b8e41ea28c6c421c3626e2dde2d46b52c94917d75758e6e24491c96374987e23f8b143459ba7cfb38c9ec4e823ace9fcfb86e662d9" }