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The difference is that you have to look at the attributes of each coin and see which one most likely reflects the white paper that satoshi himself wrote. He is
by anonymous5133 9y ago
The difference is that you have to look at the attributes of each coin and see which one most likely reflects the white paper that satoshi himself wrote. He is talking about a P2P cash system, not a P2P gold system.
Just because the first generation of bitcoin was the beginning doesn't mean it still reflects the original vision.
- Frogolocalypse 9y agoA peer, in bitcoin, is a node. If you don't run a node, or indeed if you can't run a node because of its resource requirements, you aren't a peer. Bitcoin : Peer-to-peer cash. You went right over the first part, and only talk about the second part, even though in the first part, the word 'peer' is used twice.
- theadamp 9y ago"The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don't generate." - Satoshi Nakamoto https://bitcointalk.org/index.php?topic=532.msg6306#msg6306 https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
- Frogolocalypse 9y ago160,000 nodes have a different view than your selective quote, and they control consensus.