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Bitcoin Whitepaper Anniversary Revisits Satoshi’s Peer-to-Peer Cash Proposal and Its Trade-Offs

Bitcoin Whitepaper Anniversary Revisits Satoshi’s Peer-to-Peer Cash Proposal and Its Trade-Offs

Daily Feed

Bitcoin’s 2008 whitepaper proposed peer-to-peer electronic cash that could prevent double-spending without a trusted intermediary. Its anniversary is a chance to revisit the design—and the trade-offs around self-custody, intermediaries, proof-of-work, and Bitcoin’s supply limit.

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