Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by ShabbosGoy on Friday December 08, 2017 @10:58PM
(#15884208)
> So you are, by definition, not a peer, because you are not equal to a person who runs a node, because you need to trust a 3rd party.
This is incorrect and plain wrong. Trusted party only exists in Ethereum, not in Bitcoin. You are not trusting anyone when you transact in Bitcoin, there is distributed consensus. How is distributed consensus trusting a third party?
This is incorrect and plain wrong. Trusted party only exists in Ethereum, not in Bitcoin. You are not trusting anyone when you transact in Bitcoin, there is distributed consensus. How is distributed consensus trusting a third party?