From 190b128f5ff751f3697285b75f9ba597375ca959 Mon Sep 17 00:00:00 2001 From: clenser Date: Thu, 19 Oct 2023 20:07:44 +0000 Subject: [PATCH] Edited appa_whitepaper.adoc with Atlas code editor --- appa_whitepaper.adoc | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/appa_whitepaper.adoc b/appa_whitepaper.adoc index 55794c74..d8cb9592 100644 --- a/appa_whitepaper.adoc +++ b/appa_whitepaper.adoc @@ -32,7 +32,7 @@ The problem of course is the payee can't verify that one of the owners did not d We need a way for the payee to know that the previous owners did not sign any earlier transactions. For our purposes, the earliest transaction is the one that counts, so we don't care about later attempts to double-spend. The only way to confirm the absence of a transaction is to be aware of all transactions. In the mint based model, the mint was aware of all transactions and decided which arrived first. To accomplish this without a trusted party, transactions must be publicly announced [1], and we need a system for participants to agree on a single history of the order in which they were received. The payee needs proof that at the time of each transaction, the majority of nodes agreed it was the ((("transactions", "in Bitcoin whitepaper", secondary-sortas="Bitcoin whitepaper", startref="transaction-whitepaper")))first received. ==== Timestamp Server -The ((("timestamp servers", "in Bitcoin whitepaper", secondary-sortas="Bitcoin whitepaper")))solution we propose begins with a timestamp server. A timestamp server works by taking a hash of a block of items to be timestamped and widely publishing the hash, such as in a newspaper or Usenet post [2-5]. The timestamp proves that the data must have existed at the time, obviously, in order to get into the hash. Each timestamp includes the previous timestamp in its hash, forming a chain, with each additional timestamp reinforcing the ones before it. +The ((("timestamp servers")))solution we propose begins with a timestamp server. A timestamp server works by taking a hash of a block of items to be timestamped and widely publishing the hash, such as in a newspaper or Usenet post [2-5]. The timestamp proves that the data must have existed at the time, obviously, in order to get into the hash. Each timestamp includes the previous timestamp in its hash, forming a chain, with each additional timestamp reinforcing the ones before it. image::images/mbc3_aain02.png["timestamp server"]