Sentences with phrase «distributed electronic cash system»
for an «anonymous, distributed electronic cash system» called B - Money, which was based on the proof - of - work function for the «creation» of money.
Wei Dai, back in 1998, created a proposal for an «anonymous, distributed electronic cash system» called B - Money, which was based on the proof - of - work function for the «creation» of money.
The Bitcoin whitepaper basically described a peer - to - peer electroniccashsystem that uses a distributed ledger to bypass central control systems for transactions.