This note is a part of my Zettelkasten. What is below might not be complete or accurate. It is also likely to change often.
23rd July, 2020

Bitcoin

From the original Bitcoin paper at https://bitcoin.org/bitcoin.pdf - Bitcoin: A peer-to-peer electronic cash system

Disadvantages of traditional approaches

  • Internet-based-transactions relies upon centralized financial institutions serving as trusted third parties to prevent double spending