Comment Re:Bitcoin is obsolete and should not be used (Score 1) 114
Your weird unfounded claim isn't really worthy of much of a reply. But for any innocent who's reading and is tempted by the bitcoin bro nonsense, here's Satoshi's whitepaper:
https://bitcoin.org/bitcoin.pd...
Quoting:
transactions are hashed in a Merkle Tree [7][2][5],
There's a diagram too. Those references are:
[7] R.C. Merkle, "Protocols for public key cryptosystems," In Proc. 1980 Symposium on Security and
Privacy, IEEE Computer Society, pages 122-133, April 1980.
[2] H. Massias, X.S. Avila, and J.-J. Quisquater, "Design of a secure timestamping service with minimal
trust requirements," In 20th Symposium on Information Theory in the Benelux, May 1999.
[5] S. Haber, W.S. Stornetta, "Secure names for bit-strings," In Proceedings of the 4th ACM Conference
on Computer and Communications Security, pages 28-35, April 1997.
As you might guess, the paper by Merkle is the one that proposed the cryptographic hash tree arrangement that we now call "Merkle trees." Here it is:
https://www.ralphmerkle.com/pa...
Or the Wikipedia article about it: