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4 entries
Satoshi explains the proof-of-work chain as a solution to the Byzantine Generals' Problem, using a King's wi-fi attack as analogy.
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.
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.
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.