Author: Peter Todd 2014-12-21 18:51:26
Published on: 2014-12-21T18:51:26+00:00
In an email thread, Adam Back suggested that it is possible to define a new rule where two signatures authorize something and miners can take funds. However, Peter Todd argues that clever math isn't what prevents double-spending, but rather clever economics, just like Bitcoin itself. He believes that presenting complex equations could potentially confuse people and obscure the more fundamental principle that math alone cannot prevent double-spending.
Updated on: 2023-06-09T15:05:45.174091+00:00