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Bitcoin quotations

Satoshi Nakamoto Explaining How Proof Of Work Solves The Byzantine Generals Problem (In An Email To James A. Donald)

Have you ever wondered how proof of work (the mechanism by which new blocks are added to Bitcoin – a.k.a ‘mining’) solves the Byzantine Generals Problem? Well, who better to try to explain this than the creator of Bitcoin himself: Satoshi Nakamoto. Interestingly, everything Satoshi Nakamoto wrote is recorded for posterity on a website called […]