>Furthermore, Satoshi Nakamoto has a known PGP public key, therefore it is cryptographically possible for someone to verify themselves to be Satoshi Nakamoto. I find cryptographic signatures fascinating in that they didn't exist 50 years ago. They are a completely new discovery. The long term implications are not yet clear. They are fundamentally different from the paper and ink signatures they are named after in tha…
Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
261–270 of 287 posts
Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
#262He seems like somebody who is very concerned with taking credit for things. And not just in a "hey, I made that!" kind of way, but in a "I will sue people who say I didn't make it. " [0] kind of way. This alone is enough for me dismiss his claims. Satoshi clearly intentionally wanted to remain unknown. It might be a real name, but it likely isn't. There was plenty of opportunity to reveal himself. Now that BTC is sud…
But he absolutely is not Satoshi. And neither is Adam Back.
Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
#263Earlier quoted context omitted.
I'm more worried about whether a pseudonym can (with legal credibility) place their work under an MIT or other Free license.
I don't see a reason why not. If it's an original copyrightable work one would assume that the author can grant rights to others or the public. IANAL and the legal system is sometimes strange, but there is no obligation to register yourself as a copyright holder.
Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
#264Bitcoin slow descent to zero? Or buying opportunity before the next moonshot?
no way to tell for sure, but the stock to flow model has been pretty accurate over the years and it projects around $90k+ by year end ... institutions like PayPal are buying directly from miners, others are applying with SEC to buy BTC for their funds ... price looks shaky, but the big players seem confident in the fundamentals ¯\_(ツ)_/¯
Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
#265Isn't this guy literally billions in the hole to the estate of someone he claims was his partner in creating BTC, and who is co-owner of the Satoshi hoard of coins which haven't moved (ever)? Did that court case ever finish or is he still using every trick in the book to draw it out? (Kleiman v. Wright, that's what I'm thinking of) (Looks like it got kicked back to June this year due to covid)
Yes, he failed to produce any keys, the courier with the keys never materialized, the judge has not thrown Craig Wright in jail for contempt of court nor has be been charged with perjury. The judge seems to be mildly entertained by this and views Craig Wright as mentally ill, but won't have him committed. It is all sad and strange. There are a lot of guardrails against using the system this way, but they aren't being…
It's not the job of courts to force people into the care of the a mental institution. The government must petition the court for permission to do that and show that the person is a danger to themselves or others [1]. Sometimes a court will recommend mental hospital rather than prison for a convicted criminal. This Craig Wright person doesn't seem to be using violence on himself or others and hasn't been accused of a crime. Therefore the system will not force him into a mental institution.
[0] https://en.wikipedia.org/wiki/Vexatious_litigation
[1] https://en.wikipedia.org/wiki/Lanterman–Petris–Short_Act
Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
#266Earlier quoted context omitted.
No, because people don’t use highly volatile speculative assets for everyday transactions. But I know you’re referring to the transaction fees, and it would only be fair to point out that the cost of a lightning transaction is a few cents.
And it is only fair to point out that to use lightning you first need an on-chain transaction to enter it, and then you need to have another one in reserve so you don't lose your money. And then you need another one if you want to top it up with more money. And if the node you connect to goes down or you can't find a route you need to open a new channel... Or you use a functional cryptocurrency that don't have these…
Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
#267Earlier quoted context omitted.
Basically you have to crack hard crypto. With key lengths long enough and no mathematical weaknesses discovered in the algorithm it could easily take until the heat death of the universe.
Can't quantum computers theoretically break elliptic curve cryptography? I suspect we'll get there a bit before the heat death of the universe.
Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
#268Earlier quoted context omitted.
It just goes to show that effective assassination markets need to be centralized and corporate, not distributed and anonymous.
Unfortunately the operating space is monopolized in every jurisdiction with strong barriers against new entrants. Regulatory capture is so thorough at this point it will probably take an unforeseen externality to generate any disruption.
Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
#269Earlier quoted context omitted.
Yes, and we’re already seeing exactly what happens with bigger blocks from Ethereum. The entire thing is being run on Consensys’s centralized Infura servers on AWS. It’s not even decentralized. This is an unavoidable physical constraint given Bitcoin’s architecture. You can either prioritize decentralization (and with it, censorship resistance), or you can prioritize TPS or in Ethereum’s case heavy-weigh smart contra…
While I agree with you on everything, and I'm all in on BTC as a store of value, I love some of the contracts that are built on top of Ethereum. Uniswap is an example system that should be implemented in Bitcoin as well over time, as it brings transparency to trading and asset ownership. It doesn't need turing completeness (so gas is not required), though as it needs state management, I think it's important to be abl…
But I'm not comfortable with their marketing it as a "world computer" among other things, implying it's more production-ready and robust than it really is.
Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW
#270I always thought bitcoin core and bitcoin.org were run by the same people. Who controls bitcoin.org?