Re: Bitcoin P2P e-cash paper

2008-11-13 Thread James A. Donald
Satoshi Nakamoto wrote: When there are multiple double-spent versions of the same transaction, one and only one will become valid. That is not the question I am asking. It is not trust that worries me, it is how it is possible to have a a globally shared view even if everyone is well

Re: Bitcoin P2P e-cash paper

2008-11-13 Thread Hal Finney
James A. Donald writes: Satoshi Nakamoto wrote: When there are multiple double-spent versions of the same transaction, one and only one will become valid. That is not the question I am asking. It is not trust that worries me, it is how it is possible to have a a globally shared view

Re: Bitcoin P2P e-cash paper

2008-11-13 Thread Satoshi Nakamoto
James A. Donald wrote: It is not sufficient that everyone knows X. We also need everyone to know that everyone knows X, and that everyone knows that everyone knows that everyone knows X - which, as in the Byzantine Generals problem, is the classic hard problem of distributed data processing.