> Sorry about all the questions, but as I said this does seem to be a
> very promising and original idea, and I am looking forward to seeing
> how the concept is further developed. It would be helpful to see a more
> process oriented description of the idea, with concrete details of the
> data structures for the various objects (coins, blocks, transactions),
> the data which is included in messages, and algorithmic descriptions
> of the procedures for handling the various events which would occur in
> this system. You mentioned that you are working on an implementation,
> but I think a more formal, text description of the system would be a
> helpful next step.

I appreciate your questions.  I actually did this kind of backwards.  I had to
write all the code before I could convince myself that I could solve every
problem, then I wrote the paper.  I think I will be able to release the code
sooner than I could write a detailed spec.  You're already right about most of
your assumptions where you filled in the blanks.

Satoshi Nakamoto