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Bitcoin White Paper Explained (Simplified and Visualized)In this paper, we propose a solution to the double-spending problem using a peer-to � Nakamoto's Bitcoin brought us Blockchain Technology. � Blockchain. Satoshi Nakamoto [email protected] coin-pool.org Abstract. A purely peer-to In this paper, we propose a solution to the double-spending problem using a. Though it is now commonly understood as a ledger, Bitcoin's white paper portrays the shared transaction log as a sort of timestamp server. This may sound odd.