Oddbean new post about login | logout Block Quote: 823805 'The main properties: Double-spending is prevented with a peer-to-peer network. No mint or other trusted parties. Participants can be anonymous. New coins are made from Hashcash style proof-of-work. The proof-of-work for new coin generation also proof-of-workers the network to prevent double-spending.' November 1, 2008 - Satoshi Nakamoto