James A. Donald wrote: > The core concept is that lots of entities keep complete and consistent > information as to who owns which bitcoins. > > But maintaining consistency is tricky. … [Read more...] about Re: Bitcoin P2P e-cash paper
proof-of-work
Re: Bitcoin P2P e-cash paper
Ray Dillinger: > the "currency" is inflationary at about 35% > as that's how much faster computers get annually > ... the inflation rate of 35% is almost guaranteed > by the … [Read more...] about Re: Bitcoin P2P e-cash paper