3,49 €
Mehr erfahren.
- Herausgeber: Antonio Tombolini Editore
- Kategorie: Geisteswissenschaft
- Sprache: Englisch
Original annotated and commented edition of the masterpiece of the mysterious Satoshi Nakamoto, inventor of Bitcoin, the digital currency on everyone’s lips. However, few noticed that the innovative power of Bitcoin is not strictly financial, but it fundamentally impacts the creation of political consensus, by transforming it into a technological mechanism. Exactly for this reason, the present edition is enriched by a critical apparatus that should make possible, even for the less tech-savvy reader, to comprehend and reflect on such a key phenomenon of our times.
Das E-Book können Sie in Legimi-Apps oder einer beliebigen App lesen, die das folgende Format unterstützen:
Veröffentlichungsjahr: 2014
Ähnliche
Satoshi Nakamoto
Bitcoin Manifesto
Bitcoin Manifesto: ONE CPU ONE VOTE Satoshi Nakamoto “Heterodoxa” collection edited by Stefano Tombolini
ISBN 978-88-98924-37-0
Copyright © 2014 Antonio Tombolini Editore All rights reserved
E-mail: [email protected]/heterodoxaFacebookTwitter
Images and cover by Marta D’Asaro
Table of Contents
Editor’s Preface
Bitcoin: A Peer-to-Peer Electronic Cash System
Abstract
1. Introduction
2. Transactions
3. Timestamp Server
4. Proof-of-Work
5. Network
6. Incentive
7. Reclaiming Disk Space
8. Simplified Payment Verification
9. Combining and Splitting Value
10. Privacy
11. Calculations
12. Conclusion
References
Appendix
AttackerSuccessProbability in JavaScript
Notes
Editor’s Preface
The present work aims to popularize the ingenious work of the mysterious thinker and innovator known under the pseudonym of Satoshi Nakamoto.
The reader might already be conscious of the subject complexity: computing and business terminology are inextricably tied to each other. Notes should, I hope, facilitate the comprehension for the less tech-savvy readers.
The author is obscure, to say the least, it has not been possible to contact him for explanations…
Very probably, the choice of the scientific paper format for publishing the techno-economic details of the Bitcoin financial innovation has been influenced by the cultural and professional training of the mysterious author.
From a practical standpoint, the futuristic antimanifesto that you are about to read is turning out to be as powerful and revolutionary as the classic political manifestos, whence the catchy title of this edition.
Satoshi Nakamoto published Bitcoin: A Peer-to-Peer Electronic Cash System on Sat 1st Nov 2008 in The Cryptography and Cryptography Policy Mailing List of metzdowd.com, where, on Thu 8th Jan 2009, he also announced the release of the first experimental version of the software implementing the ambitious project.
As a consequence, the current implementation of Bitcoin could differ, and in fact it does differ, from the letter of the paper-manifesto in a number of non-negligible practical features (which is perfectly normal during the evolution of a complex system based on incentives), but, essentially, the techno-economic fundamentals outlined by Satoshi Nakamoto remain unaltered.
Notwithstanding the difficulty of the interesting technical details, the attentive reader will not miss the key difference between the traditional financial system, as we have known it for almost a millennium, and the Bitcoin revolutionary alternative, courageously proposed and launched by Satoshi Nakamoto.
Traditionally, the central political power, after gaining consensus in a more or less democratic or authoritarian way, authorizes the activity of the banking system and entrusts it with the management and conservation of the chronology of financial transactions.
Bitcoin, on the other hand, is not merely another digital currency or a new payment method: Bitcoin represents an enabling technological platform with such economic incentives that users attempting to reach a mutual agreement (and, therefore, also some kind of political consensus on a given matter) can rely on a decentralized network of computational certifiers.
The assumption behind the idea advocated by Satoshi Nakamoto is that a consensus reached according to the “one CPU one vote” criterion is more difficult to sabotage than the political consensus mechanisms existing before the advent of Bitcoin.
The computational “arms race” not only offers a greater transparency within the system, but also guarantees the competition between systems: after the introduction of Bitcoin, an entire e [...]
