Card I-5: SATOSHI NAKAMOTO – The proof-of-work chain is the solution to the synchronisation problem, and to knowing what the globally shared view is without having to trust anyone.

Series I · Card 5 of 21 · SATOSHI’S MAILBOX

The proof-of-work chain is the solution to the synchronisation problem, and to knowing what the globally shared view is without having to trust anyone.

SATOSHI NAKAMOTO · CRYPTOGRAPHY MAILING LIST · 09.11.2008

Turn it over, answer, sign – free, no account.

Source

Cryptography mailing list (metzdowd), “Re: Bitcoin P2P e-cash paper”, 9 November 2008, 03:09 UTC (reply to James A. Donald)

Open source · satoshi.nakamotoinstitute.org ↗

About the author

Pseudonymous creator of Bitcoin. Published the whitepaper “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008 and launched the network in 2009. Their identity remains unknown.

About the source

The Cryptography mailing list: a moderated list on cryptography where Satoshi presented the whitepaper on 31 October 2008.

The question on the back

In how many places do you rely on trust when proof would be possible?