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

theregister.com

71–80 of 154 posts

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

#71
post #57

Earlier quoted context omitted.

My favorite theory, Satoshi is a state actor and couldn't care less.

Oh man. Can you imagine the absolute online shit-fest if that turned out to be true? Satoshi is China, or the US.

Or Israel?

The genesis block contains a huge front page news storey of Israeli tanks rolling into Gaza, images and all, put there by Satoshi themself.

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

#72
Craig Wright is a patent troll, a narcissist, and a sociopath. It's amazing how far he has been able to take this grift. Part of it is that he has been able to adopt this unwavering character and not break it for years.... something a normal person just isn't wired to do.

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

#74

Does anyone know if there are any lock out mechanisms on accounts which stall access after x number of password attempts?

That's not how wallets work. A wallet is the private key (some secret bytes) and as long as you have those bytes (or something that re-creates those bytes, such as a passphrase) you have the ability to sign a message that is published on the blockchain which moves/spends your coins.

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

#75
post #57

Earlier quoted context omitted.

Oh man. Can you imagine the absolute online shit-fest if that turned out to be true? Satoshi is China, or the US.

Or Israel? The genesis block contains a huge front page news storey of Israeli tanks rolling into Gaza, images and all, put there by Satoshi themself.

The Genesis block very clearly referenced a bank bailout.

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

#76
post #34

Earlier quoted context omitted.

Just to clarify, the article is about the court case where he wants some transactions on the Bitcoin SV blockchain reversed. The question relating to whether he is Satoshi, and therefore owns Satoshi's 1.1M Bitcoins on the Bitcoin Core blockchain, is a separate court case.

He does not want transactions reverted, he wants Bitcoin Core to change the rules of who can spend coins to allow him to make new transactions that are currently not allowed. He is implementing this in his own Bitcoin fork, Bitcoin SV, to demonstrate that it can be done.

A more realistic goal is probably to get the court's blessing to authorize nchain, who maintain the only BSV client (therefore the entire blockchain) , to send Satoshi's BSV coins to Craig.

This seems much easier to achieve and allows him to steal coins from all BSV holders without taking from any one BSV holder in particular. Coins previously thought lost would be reintroduced, effectively inflating the coin's supply.

That's a quick and easy ~ $83M based on today's BSV price and a conservative estimate of the number of coins held by satoshi.

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

#77
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?

The leading theory is that Satoshi is dead. Some think it was Hal Finney. Some think it was Dave Kleiman, the brother of the woman Craig just got out of a lawsuit with.

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

#78
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.

"Satoshi and D.B. Cooper can't be charged with the same crime!" (whispers) "I have the worst $#@&ing attorneys..."

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

#79

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

With 51% hashpower, you can make illegal (by consensus) transactions on the longest chain. This will fork off the validating nodes, but most light clients won’t see an issue and will follow the malicious chain.

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

#80
post #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 clear…

This kind of thing happens all the time under the guise of national security.
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