Event Added Updated Web Document
The Byzantine Generals' Problem
Satoshi's standalone bitcoin.org explanation of the Byzantine Generals problem, using a proof-of-work chain to make the generals agree on a plan.
trust
Entries tagged with this topic. Spans across types and sources — explore connections between people, events, and themes.
10 entries / 3 threads
Event Added Updated Mailing List 2 messages
Satoshi introduces Bitcoin on the P2P Research mailing list — "[p2p-research] Bitcoin open source implementation of P2P currency" (February 2009)
Satoshi introduces Bitcoin to the P2P Research mailing list, explaining trust-based currency problems and how Bitcoin uses cryptographic proof and a peer-to-peer network to solve double-spending.
Event Added Updated Forum Post 2 messages
Bitcoin open source implementation of P2P currency
Satoshi announces Bitcoin on the P2P Foundation forum, describing the problems with conventional currency and how Bitcoin solves them through cryptographic proof instead of trust.
Event Added Updated Mailing List
Bitcoin v0.1 released
Satoshi expresses confidence that some form of electronic currency will be in use within a decade, describing Bitcoin as the first attempt at a non-trust-based system.
Event Added Updated Mailing List 2 messages
"Bitcoin P2P e-cash paper" — Satoshi's first Bitcoin announcement (Oct 2008)
James A. Donald presses Satoshi on how nodes reach a globally shared view even among honest participants, and names the difficulty as the Byzantine Generals problem.
Event Added Updated Analysis
Bitcoin and the Byzantine Generals Problem — the King's wi-fi redraws the 1982 classic
James Donald tied the issue he pressed Satoshi on to the 1982 Byzantine Generals Problem. Satoshi said Bitcoin solved it in a network anyone could join, and explained it with a king's wi-fi password.
Event Added Updated Article
The run on Northern Rock: Britain's first bank run since Victorian times, and the guarantee that halted it (2007)
From September 14 to 17, 2007, depositors queued outside Northern Rock. The Governor of the Bank of England called it rational; the Chancellor stopped it only by guaranteeing every deposit.