2 ms·
>Bitcoin is the first digital currency to solve the double-spending problem without needing a trusted third party. This is false. Karma was a p2p currency that
by emin_gun_sirer 14y ago
>Bitcoin is the first digital currency to solve the double-spending problem without needing a trusted third party.
This is false. Karma was a p2p currency that did this in 2004, 5 years before Bitcoin:
http://www.cs.cornell.edu/People/egs/papers/karma.pdf http://www.cs.cornell.edu/People/egs/papers/karma.pdf