Cryptography Mailing List 18 messages
Bitcoin P2P e-cash paper
Satoshi explains the proof-of-work chain and how nodes don't need to trust each other, as long as honest nodes control the majority of CPU power.
trust
6 entries
Cryptography Mailing List 8 messages
Bitcoin v0.1 released
Satoshi expresses confidence that some form of electronic currency will be in use within a decade, describing Bitcoin as the first attempt at a non-trust-based system.
P2P Foundation 4 messages
Bitcoin open source implementation of P2P currency
Satoshi announces Bitcoin on the P2P Foundation forum, describing the problems with conventional currency and how Bitcoin solves them through cryptographic proof instead of trust.
P2P Research List 3 messages
[p2p-research] Bitcoin open source implementation of P2P currency
Satoshi describes Bitcoin as a foundation for programmable P2P social currencies, discusses similarities with Pekunio and Ripple, and explains Bitcoin's trust-free design.
BitcoinTalk Forum
Re: Open Source and trust
Satoshi explains the importance of Bitcoin being open source, arguing that the source code itself is the specification and that trust comes from transparency.
BitcoinTalk Forum
Re: Bitcoin bank
Satoshi discusses the concept of Bitcoin banks, explaining that trusted third parties can provide convenience while the underlying system remains trustless.