Bitcoin works because you can prove it mathematically without Satoshi's involvement. He made a quote in the recent email dump that reinforces this: "self-evident proof of the majority consensus”. [1] [1] https://twitter.com/pete_rizzo_/status/1760718747768087033 The world doesn't need Satoshi for Bitcoin to continue working. And so the reason people want to find his identity is because there exist people in the world…
Ask HN: Why do people care about Satoshi Nakamoto's identity?
61–69 of 69 posts
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#62Earlier quoted context omitted.
He hasn't spent anything. Do any countries have taxes on assets instead of income?
"Do any countries have taxes on assets instead of income?" Not applicable to this situation, but zakat in Islamic countries requires a 2.5% payment to the government, similar to a tithe. This is why many of the theocratic Islamic countries have 0% income tax. It's always applied to assets above a certain amount, but some places apply it on income as well. https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates B…
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#63The identity seems to have been shared initially between 2 people. One of them being Craig Wright, the other is the genius Dave Kleinman: https://en.wikipedia.org/wiki/Dave_Kleiman Dave died years ago following depression, before releasing bitcoin he published papers on the topic of Cipher Block Chaining and similar cryptographic tech: https://www.davekleiman.com/ This has already been known for years. There were goo…
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#64Earlier quoted context omitted.
I could buy that he's a straggler that was left to "muddy the waters" in search of the "one true" person (or group). Would be interested in links to the most personally compelling evidence (in either direction), for those reading.
>Would be interested in links to the most personally compelling evidence (in either direction), for those reading. Search for Craig's blog posts and computer security newsletter groups where he was active 15-20 years ago; he talks about P2P networks, hashing(Craig discusses how SHA-1 is vulnerable and not secure anymore), statistics(Poisson distribution, the same statistical model that was mentioned by Satoshi in the…
After reading this, it sounds like a great idea to store files using the SHA-1 for the directory.
I have no idea what this means however, all I know is that SHA-1 and MD5 are hashing algorithms. If I calculate the SHA-1 hash using this ruby script, and I change the file's content (which changes the hash), how do I know where the file is stored then?
My question is then, what are the basics of implementing a SHA-1/file-storage system?
If all of the files are changing content all the time, is there a better solution for storing them, or do you just have to keep updating the hash?
I'm just thinking about how to create a generic file storing system like GoogleDocs, Flickr, Youtube, DropBox, etc., something that you could reuse in different environments (such as storing PubMed journal articles or Cramster homework assignments and tests, or just images like on Flickr). I'd probably store them on Amazon EC2. Just some system so I can say "this is how I'll 99% of the time do file storing from now on", so I can stop thinking about building a solid/consistent way to store files and get onto some real problems.
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#65Earlier quoted context omitted.
FYI Craig Wright’s claims are quite contentious. https://en.wikipedia.org/wiki/Craig_Steven_Wright
From the article: > In order to resolve Wright's claim of being Satoshi Nakamoto, the Crypto Open Patent Alliance (COPA) opened a lawsuit against Wright in United Kingdom on 5 February 2024 in London High Court.[46] I wonder if this will lead anywhere
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#66It's all money laundering. The creators are probably Russian oligarchs and mobsters. There is no Satoshi, just Ivan, Vladimir, and so on.
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#67Human beings are obsessed with narrative: x did y to z. This repeats everywhere - the identity of the characters is as important as the events themselves. I don’t know why this is, but I do know that it is much, much bigger than Bitcoin. It’s not about the billions of dollars, it’s not about the mystery. It’s because we are pack animals obsessed with hierarchy and cannot rest as organisms until we identify which peop…
Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#68Re: Ask HN: Why do people care about Satoshi Nakamoto's identity?
#69Earlier quoted context omitted.
"Do any countries have taxes on assets instead of income?" Not applicable to this situation, but zakat in Islamic countries requires a 2.5% payment to the government, similar to a tithe. This is why many of the theocratic Islamic countries have 0% income tax. It's always applied to assets above a certain amount, but some places apply it on income as well. https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates B…
how do u report a digital wallet theft? are their cyber cops in cyber space