Craig Wright's claim he invented Bitcoin a 'brazen lie', court told

[bloak]

https://www.theguardian.com/technology/2024/feb/05/craig-wrights-claim-he-invented-bitcoin-a-brazen-lie-court-told

[ekimehtor]

Didn't the NS some other alphabet company create and then open source SHA 256 encryption? Isn't that the encryption scheme BTC uses?

[mrkeen → ekimehtor]

SHA256 is just a hash (one-way function), not an encryption scheme.

And Bitcoin is more than encryption. It's a consensus algorithm which still functions correctly under the assumption that the participants are untrustworthy.

[tapeloop]

is he STILL at it?