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by bowsamic 1374 days ago
No, the goal wasn't to create economic value. The goal was to make it prohibitively expensive to recreate the chain and thus fool someone else. Satoshi did not say that the purpose of PoW was to "create economic value".
1 comments
LtWorf 1374 days ago
And a digital signature couldn't be used because?
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bowsamic 1374 days ago
A digital signature alone cannot prevent double spending
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LtWorf 1373 days ago
No, going back in the list of transactions can.
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