Student or educator? Sign up with your school email and get 6 months of Pro free.
Cited by 13,922

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Bitcoin: A Peer-to-Peer Electronic Cash System

Open access
Wright, Craig S·2008·SSRN Electronic Journal

Abstract

A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without the burdens of going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as honest nodes control the most CPU power on the network, they can generate the longest chain and outpace any attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.

Overview

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Integrity signals

Registry

Crossref · 10.2139/ssrn.3440802

Cites

1 of 1 references verified0 citation errors · 0 not checkable

Statistics

Verification

Claims the paper makes

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

The self-check needs the paper’s full text.

Citations

Cites

Show all 1 references

Research works printed but not linked: 7

  1. W Dai, 1998, b-money
  2. H Massias, 1999, Design of a secure timestamping service with minimal trust requirements, 20th Symposium on Information Theory in the Benelux
  3. S Haber, 1991, How to time-stamp a digital document, Journal of Cryptology, 3, 99, 10.1007/BF00196791 · DOI · Paper page
  4. D Bayer, 1993, Improving the efficiency and reliability of digital time-stamping, Sequences II: Methods in Communication, Security and Computer Science, 329, 10.1007/978-1-4613-9323-8_24 · DOI · Paper page
  5. S Haber, 1997, Secure names for bit-strings, Proceedings of the 4th ACM Conference on Computer and Communications Security, 28
  6. A Back, 2002, Hashcash -a denial of service counter-measure
  7. W Feller, 1957, An introduction to probability theory and its applications

Cited by

Items 101–200 of 249

Metadata

Authors
Wright, C. S.
Venue
SSRN Electronic Journal
Publisher
Elsevier BV
Published
2008
ISSN
1556-5068 (ISSN-L)
OpenAlex
W4248175462
Cited by
13,922
References
1
Type
posted content
Language
en
Open access
green

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.