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Comment by Uptrenda

I'm so sick of these profound-sounding blog posts that take 1 million words to say precisely jack shit. Yes, the key innovation around Bitcoin was to order events. You can call this 'time' if you want. This is literally the most obvious thing you can say about the system. It's so obvious in fact that it's in the introduction section to the Bitcoin whitepaper. Here is the entire blog post written much shorter and more precisely by Satoshi:

'In this paper, we propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions.'

Not trying to be elitist but if you find this topic new then you probably also find Bitcoin's technical workings new. Since it's now more than a decade old I don't find this a very topical inclusion for a 'news' site.

parent Uptrenda 5 years ago

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