diff -r 33f872ba3546 -r 39fa24c5d85e handouts/ho08.tex --- a/handouts/ho08.tex Wed Nov 11 01:26:19 2015 +0000 +++ b/handouts/ho08.tex Thu Nov 12 08:25:22 2015 +0000 @@ -47,16 +47,16 @@ \noindent is signed by Satoshi Nakamoto, which however is likely only a pen name. There is a lot of speculation who could be the inventor, or inventors, but we simply do not -know. This part of Bitcoins is definitely anonymous so far. The paper -above is from the end of 2008; the first Bitcoin transaction -was made in January 2009. The rules in Bitcoin are set up so -that there will only ever be 21 Million Bitcoins with the -maximum reached around the year 2140. Currently there are -already 11 Million Bitcoins in `existence'. Contrast this with -traditional fiat currencies where money can be printed almost -at will. The smallest unit of a Bitcoin is called a Satoshi, -which is the $10^{-8}$th part of a Bitcoin. Remember a Penny -is the $10^{-2}$th part of a Pound. +know. This part of Bitcoins is definitely anonymous so far. +The paper above is from the end of 2008; the first Bitcoin +transaction was made in January 2009. The rules in Bitcoin are +set up so that there will only ever be 21 Million Bitcoins +with the maximum reached around the year 2140. Currently there +are already 11 Million Bitcoins in `existence'. Contrast this +with traditional fiat currencies where money can be printed +almost at will. The smallest unit of a Bitcoin is called a +Satoshi, which is the $10^{-8}$th part of a Bitcoin. Remember +a Penny is the $10^{-2}$th part of a Pound. The two main cryptographic building blocks of Bitcoins are cryptographic hashing functions (SHA-256) and public-private @@ -674,6 +674,9 @@ night with their Bitcoin mining. If you want to read the complete story, google for ``My \$2375 Amazon EC2 Mistake''. +\subsubsection*{Multi-Signature Transactions} + +To be explained. \subsubsection*{Anonymity with Bitcoins}