The bitcoin paper

I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.The paper is available at: http://www.bitcoin.org/bitcoin.pdfThe 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 powers the network to prevent double-spending.§0.1 — There is a future, perhaps even a probable one, in which this short text—of just 64 words—has the status of a Pre-Socratic fragment, at least, minutely examined by multiple philosophical schools, determined to extract every last micro-flicker of its significance. In this speculated culture to come, these words compose an intricate sign of what is about to arrive not only caught in the final moment before the shift, but self-identified as a spark—intimately linked to the spark—from which the shift came. It is trawled up from the other edge, where an accumulation of techno-cultural reaction mass is about to go nova. Caught at the very lip of the reaction pile, it is a piece of critical code.— Nick Land n26-18See more generally: Bitcoin; Whitepaper.