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Originally Posted by cam_girls
Sounds good as long as no competitor sites get the monopoly and bitcoins become worthless.
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Bitcoin is P2P. There is no way to monopolize it.
Quote:
Originally Posted by cam_girls
I was actually trying to come up with a difficult maths problem for a similar purpose, to encrypt some data so that it was SAFE for a few years until you could decode it, i.e. a time lock encryption, noboby in sci.math would tell me a suitable number crunching hard maths problem, is yours proprietary or public domain?
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Bitcoin uses SHA-256 and ECC.
Quote:
Originally Posted by cam_girls
EDIT: wait you're just an agent you wouldn't know the tech details..
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Why wouldn't I? Bitcoin is open source and the whitepapers are free to download.