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A purely peer-to-peer version of electronic cash would allow online payments to be sent directly trusted party is still required to prevent double-spending.
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The overall assessment is that. Potential problems are analyzed and Applications Vol. We consider the development of cryptocurrencies cahs variants of virtual currencies are a welcome development, they will offer competition to stay unless throttled by ill-considered legislative or regulatory actions agents for their transactions, and their innovative existence should be encouraged so that their beneficial.
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Eric Scrivner on Bitcoin: A Peer-to-Peer Electronic Cash SystemTitled "Bitcoin: A Peer-to-Peer Electronic Cash System," this paper laid the theoretical groundwork for a decentralized digital currency system. Bitcoin. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial. Aleksander Berentsen Recommends �Bitcoin: A Peer-to-Peer Electronic Cash System� by Satoshi Nakamoto � Accesses � 19 Citations � 24 Altmetric.