"Faketoshi" as he's known in the community always finds a new way to NOT be able to prove he has access to the early mined coins. It's honestly comical at this point the different bullshit he comes up with. My favorite so far was finding an existing signature on the blockchain from Satoshi, modifying the data, then publishing the signature with different data in an attempt to claim to be the creator of Bitcoin. Every…
Craig Wright suing developers to forcibly give him access to internet coins
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Re: Craig Wright suing developers to forcibly give him access to internet coins
#62"Faketoshi" as he's known in the community always finds a new way to NOT be able to prove he has access to the early mined coins. It's honestly comical at this point the different bullshit he comes up with. My favorite so far was finding an existing signature on the blockchain from Satoshi, modifying the data, then publishing the signature with different data in an attempt to claim to be the creator of Bitcoin. Every…
My own preferred theory as a layman is that Wright is Satoshi and has lost the keys.
Re: Craig Wright suing developers to forcibly give him access to internet coins
#63From legal standpoint it is interesting case and it can bring precedent to crypto scene. We will know if person can lose coins and retrieve them back lawful way with court order. Even more interesting, that most miners are now located in USA jurisdiction. We know, that Google and others can adjust results based on courts orders. It's interesting if miners who invested hundred millions into mining operation could foll…
Re: Craig Wright suing developers to forcibly give him access to internet coins
#64Earlier quoted context omitted.
You can recover a private key from two signatures if they reuse the same nonce. The nonce should be random and only used once as the name suggests
And this is one of the reasons why ECDSA is a poor standard: it's too easy to accidentally screw it up, and it results in the worst possible kind of compromise (private key). There is a better way: make the nonce a hash of the message signature and the private key. That way you don't need any randomness, and the entire algorithm is deterministic. It is guaranteed (assuming the hash is good, but you need a good hash a…
Re: Craig Wright suing developers to forcibly give him access to internet coins
#65"Faketoshi" as he's known in the community always finds a new way to NOT be able to prove he has access to the early mined coins. It's honestly comical at this point the different bullshit he comes up with. My favorite so far was finding an existing signature on the blockchain from Satoshi, modifying the data, then publishing the signature with different data in an attempt to claim to be the creator of Bitcoin. Every…
Honestly I think it would be quite funny if he wins and developers have to rewrite part of the protocol to give a specific guy money. Would really highlight who's really in control.
Re: Craig Wright suing developers to forcibly give him access to internet coins
#66Re: Craig Wright suing developers to forcibly give him access to internet coins
#67Earlier quoted context omitted.
how does this con-man make money off his cons though?
He's a household name in the crypto world. Sure, not in a good way, but any publicity is good publicity right? He could offer his services to various blockchain-focused startups in which he'll fit right in considering said startups' objective is often to get money off clueless VCs by throwing the "blockchain" buzzword around (there are very little legitimate use-cases for a blockchain that can't be served by a tradit…
Re: Craig Wright suing developers to forcibly give him access to internet coins
#68What are the theories about why the real Satoshi doesn't just move all the coin to another wallet himself to prove that Craig Wright is just a scammer?
My favorite theory, Satoshi is a state actor and couldn't care less.
Re: Craig Wright suing developers to forcibly give him access to internet coins
#69Aside from the obvious, can someone at least tell me how these claims are rationalized because they make no sense: 1) If the hackers copied and deleted the private keys from his computer 2) Why does Bitcoin SV need to be modified in order for the funds to be accessed Do people on HN even know why those statements are not reconcilable? Does TheRegister, does the judge? I don't care what Craig Wright knows or thinks, h…
Even with 100% hashpower you can’t steal coins from an address without the key
Re: Craig Wright suing developers to forcibly give him access to internet coins
#70At one point I did some digging and found his early pre-2015 blog. As you can see here, he described himself as a "GSE-Compliance and GSE-Malware" [0]. You can also see he was working on his PhD research project in a university, and also doing some system administration at the university's HPC center [1][2]. Scrolling through the blog, the published articles included Windows commandline, Process Explorer, how shellcode works, etc. There are all basic things, not some extraordinarily creative or original works.
Thus, he was basically a regular IT security DevOps with a business, and also studies in an university for some regular research projects. I can easily imagine that the things he did was what an average user of Hacker News does.
So, what really happened in the meanwhile? What made him to metamorphose from a regular security geek into a persistent scammer who claims he's Satoshi Nakamoto? I think this is the real question to ask. There must have been some external forces come into play that made him do that.
A rumor I've heard is that Wright's business was running into debt, so somehow he made a deal with Calvin Ayre. Calvin Ayre became his financial backer, and as the condition of this transaction, Craig Wright must claim he is Satoshi Nakamoto and acts as if it's real. This is probably what happened.
[0] https://web.archive.org/web/20111123102230/http://gse-compli...
[1] https://web.archive.org/web/20151123012430/http://gse-compli...
[2] https://web.archive.org/web/20150121024725/http://gse-compli...