yuanzi
TBC (Turing Bit Chain)
Absolute security and PoW mechanism: adherence to and evolution of faith
Satoshi Nakamoto's thoughts on blockchain security run throughout. He emphasized in forums:
"The system design aims to protect user privacy, but not absolutely. Every transaction will be on the network."
"The utility of Bitcoin transactions far exceeds the cost of electricity consumption. Therefore, not having Bitcoin is the real waste."
These statements reveal Satoshi Nakamoto's profound insight into the balance between "security - utility": privacy is a relative goal, while network transparency an
View OriginalAbsolute security and PoW mechanism: adherence to and evolution of faith
Satoshi Nakamoto's thoughts on blockchain security run throughout. He emphasized in forums:
"The system design aims to protect user privacy, but not absolutely. Every transaction will be on the network."
"The utility of Bitcoin transactions far exceeds the cost of electricity consumption. Therefore, not having Bitcoin is the real waste."
These statements reveal Satoshi Nakamoto's profound insight into the balance between "security - utility": privacy is a relative goal, while network transparency an