41–50 of 60 posts
The important things to note about the relation between DPR and SN: * There was an account/wallet that was created a week after Bitcoin mining 'commenced' in 2009. * SN was known to have been active in the early mining. However so was Hal Finney (inventor of RPOW). They refer to it as the founder's wallet, but I think it would be more appropriate to think of it as the wallet of an early miner. * This early miner's ac…
1. Inrtoduction I stopped reading there...
You should have kept reading --it's every other word. I liked the "Reopened on Novebmer 6th 2013". The rigorousness of the argument and research is comparable to that of the proofreading.
And their first paper was also full of typos.
Through a brutal reign of imaginary murders.
To play devil's advocate, Ulbricht likely felt (perhaps even "knew") that the murders he ordered were successfully carried out. And intent is usually what matters most in American criminal law. He probably did truly feel like he was an extremely powerful druglord, even if in reality he was a nerd with a laptop.
This is what makes this whole situation funny in a horrible way.
The important things to note about the relation between DPR and SN: * There was an account/wallet that was created a week after Bitcoin mining 'commenced' in 2009. * SN was known to have been active in the early mining. However so was Hal Finney (inventor of RPOW). They refer to it as the founder's wallet, but I think it would be more appropriate to think of it as the wallet of an early miner. * This early miner's ac…
(Hal Finney is the creator of RPOW, and Hashcash was a creation of Adam Back)
Interesting that one of the co-authors is the Adi Shamir.
Earlier quoted context omitted.
Does no one think that with that much money in his wallet, he wouldn't have simply memorized the private key in addition to storing it somewhere? The keys aren't really that long or hard to memorize and I would certainly remember mine if I had any significant amount of money tied to it.
Yeah, you would think that, but you'd also think he wouldn't have made a number of other pretty elementary mistakes that led to him getting caught, like promoting the website using a username linked to his email address (firstname.lastname@gmail.com), asking for help programming TOR services using his real name then quickly trying to delete his name, twice paying to have people assassinated that resulted in him getti…
Interesting that one of the co-authors is the Adi Shamir.
Interesting that one of the co-authors is the Adi Shamir.
It stands to reason that Bitcoin's creators would have believed that they needed a killer app as a catalyst to spur acceptance. Silk Road was ideally suited to show off the advantages of Bitcoin over more traditional payment methods. However, Silk Road didn't pop up until nearly two years after Bitcoin was first introduced. This paper is trying to make a connection between a few transactions sent from a very early Bi…
>It could represent either large scale activity on Silk Road, or some form of investment or partnership, but this is pure speculation.