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Craig Wright suing developers to forcibly give him access to internet coins

theregister.com

61–70 of 154 posts

Re: Craig Wright suing developers to forcibly give him access to internet coins

#61
post #2

"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

#62
post #2

"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.

Okay, then why can't he login to any of the accounts that Satoshi used originally in 2009? Mailing list accounts, email accounts, etc.

Re: Craig Wright suing developers to forcibly give him access to internet coins

#63
post #14

From 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…

Even being non-American with my necessarily flawed understanding of the US constitution, the scenario you described strikes me as a clear violation of the first amendment. First, you would have to compel someone to write new code that changes the way bitcoin fundamentally works. Assuming you manage to do so, you would then have to compel "everyone" to recognise the hard-fork as the "true" chain, again something clearly at odds with the first amendment, and I suspect the laws in many other jurisdictions as well (for obvious reasons).

Re: Craig Wright suing developers to forcibly give him access to internet coins

#64

Earlier 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…

Most modern wallets nowdays use deterministic nonces via RFC 6979. The newly introduced Schnorr signatures also do not have this weakness afaik.

Re: Craig Wright suing developers to forcibly give him access to internet coins

#65
post #2

"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.

It would be funny but it is physically impossible for all the reasons that make Bitcoin desirable.

Re: Craig Wright suing developers to forcibly give him access to internet coins

#66
post #52
post #46

Earlier quoted context omitted.

It's time I finally admit my past to the world - I'm Satoshi Nakamoto. AMA.

I am Spartacus, er Satoshi...

The We Are All Satoshi movement is a real thing :).

Re: Craig Wright suing developers to forcibly give him access to internet coins

#67

Earlier 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…

The people in Bitcoin that don’t understand public/private key cryptography. That is who Faketoshi leads.

Re: Craig Wright suing developers to forcibly give him access to internet coins

#68
post #5

What 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.

Pretty sure it is the NSA (Nakamoto SAtoshi), most likely they’ve broken the underlying cryptographic primitives and now use Bitcoins as their slush fund. It also fits perfectly with their mission statement, as they can now precisely track almost all illicit transactions and they should be able to unmask both source and targets pretty easily.

Re: Craig Wright suing developers to forcibly give him access to internet coins

#69

Aside 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…

> I feel like he could just rent some hashpower to force a confidence breaking change on the network but I guess he wants court approval.

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

#70
I'm seriously curious about Craig Wright as a character and his mentality.

At 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...

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