Gilbert Gottfried reads the Bitcoin White Paper because you were too lazy to read it yourself

cryptocurrency 2 months ago

On Oct. 31, 2008, Satoshi Nakamoto published Bitcoin: A Peer-to-Peer Electronic Cash System. But did you ever read the 9-page document? Subscribe to Cointelegraph Markets Pro ( for analysis, news, and information to help you take charge of your future. 0:00 Abstract 2:28 Introduction 5:39 Transactions 8:18 Timestamp Server 9:18 Proof of Work 13:19 Network 15:58 Incentive 18:20 Reclaiming Disk Space 20:50 Simplified Payment Verification 23:09 Combining and Splitting Value 24:45 Privacy 27:03 Calculations 33:42 Conclusion Want to join the Cointelegraph team? Check out #Cointelegraph #Bitcoin #CryptoMarkets Subscribe to Cointelegraph: Follow COINTELEGRAPH: Website: Telegram: Facebook: Twitter: Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.
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