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Hal Finney Was Not Satoshi Nakamoto

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71–80 of 194 posts

Re: Hal Finney Was Not Satoshi Nakamoto

#71

Earlier quoted context omitted.

"Lastly, I find it interesting that the Silicon Valley elite did the ice bucket challenge 2 weeks before Hal died." Sorry, I don't get this. Please elaborate.

Bill Gates and Mark Zuckerberg did their Ice Bucket Challenges on August 14th 2014 and Hal died August 28th 2014 of ALS.

> Bill Gates and Mark Zuckerberg did their Ice Bucket Challenges on August 14th 2014 and Hal died August 28th 2014 of ALS.

And what is the significance of that? What does it prove, or indicate even?

Re: Hal Finney Was Not Satoshi Nakamoto

#72
post #56
post #47

Earlier quoted context omitted.

> As for Satoshi Nakamoto: The most obvious candidate seems to be Adam Back. His invention of proof of work, his biography, character, writing style and role as the CEO of the company behind the main wallet software all point to him. Adam Back is obviously not Satoshi. His level of writing or thinking is not even close to the level of Satoshi. When asked what people should pay with when fees were high and Lightning N…

The question asked on that video does not mention lightning. But his answer begins by explaining lightning. Back early on forsaw that lightning is the way forward and not larger blocks. Which is another indication to me, that he is indeed Nakamoto. It was a great insight very much in line with Nakamoto's thinking. Nakamoto who forsaw so many things early on like the need for a script instead of just transaction data…

Meanwhile, in actual 2023, Bitcoin once again has bloated mempool and high transaction fees while big block Bitcoin cash is clearing regularly.

I think we have enough real history at this point to dismiss the notion that "lightning is the way forward" in an absolute, concrete and not theoretical way.

Re: Hal Finney Was Not Satoshi Nakamoto

#73
post #47
post #30

I think there is some systematic reason why people like Satoshi, Buckethead, Banksy, etc are not uncovered. In each case, I doubt that it really is hard to figure out who they are. Maybe it is the way the press and social media work. You get as many clicks for a wild theory as you get for a properly researched opinion. As for Satoshi Nakamoto: The most obvious candidate seems to be Adam Back. His invention of proof o…

> As for Satoshi Nakamoto: The most obvious candidate seems to be Adam Back. His invention of proof of work, his biography, character, writing style and role as the CEO of the company behind the main wallet software all point to him. Adam Back is obviously not Satoshi. His level of writing or thinking is not even close to the level of Satoshi. When asked what people should pay with when fees were high and Lightning N…

> he seriously suggested people should just use tabs

Why is this a "brainfart"? It does not seem like a horrible recommendation to me, especially for someone who needed a solution "today" in 2017.

Re: Hal Finney Was Not Satoshi Nakamoto

#74
> Hal preferred his debug statements not to be indented while Satoshi’s maintained indentation with surrounding code

Silly takeaway from a serious article but...after seeing the code snippets in TFA, this is something I will begin doing. It looks like it makes it much easier to differentiate debug code from "the real thing".

Re: Hal Finney Was Not Satoshi Nakamoto

#77
post #24

Earlier quoted context omitted.

If Satoshi cashed out even a single satoshi the market would crash because now the odds of him cashing out the rest will have just risen dramatically.

Eventually with quantum computing or other advancements, someone will break the encryption and potentially swipe the part of Satoshi's coin. Bitcoin, and other crypto in general even more with higher concentration of early owners, will always be precarious because of this concentration. Whoever has control of the early issued coins, holds a leverage that is dangerous and has extortion properties. Satoshi owns 5% of b…

Eventually with quantum computing or other advancements, someone will break the encryption and potentially swipe the part of Satoshi's coin.

Based on what? The search space is large enough that if you used the smallest amount of energy possible to check keys, all the energy in the known universe would still give you an astronomically small chance of success.

Re: Hal Finney Was Not Satoshi Nakamoto

#79
post #67

Train an LLM on all of Satoshi’s known correspondences, then have it grade the correspondences of each suspected Satoshi candidate to determine who actually writes like him.

similar things have been done; but we're far beyond the point where evidence will change minds on this question.
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