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Abstract

...t double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of h...

Conclusion

...complete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly bec...

Background

...ndamental paradigm for decentralized digital currencies. It demonstrated that a peer-to-peer network could achieve consensus on the state of a shared ledger without requiring a tru...