Category: Satoshi Nakamoto
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Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists commented on the central bank’s move. Senior director of…
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Remembering Hal Finney’s contributions to Blockchain and beyond
Adam Back recalls Hal as a constructive personality who never engaged in squabbles.
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What if Satoshi Nakamoto was Satoshi Nakamoto all along?
Leah McGrath Goodman maintains her belief that Dorian Nakamoto was the founder of Bitcoin.
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Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin
Cryptocurrency advocates have been recently discussing the mysterious Bitcoin inventor Satoshi Nakamoto as RSK’s chief scientist, Sergio Dermain Lerner, published a paper called “The Patoshi Mining Machine.” Essentially, Lerner simulated Satoshi’s mining experience. The findings estimate that Bitcoin’s creator used a single computer to mine an estimated 1 million bitcoin minted in the early days.…
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Craig Wright Won’t Need to Pay Hodlnaut $60K Until Appeal Is Over, Says Counsel
Craig Wright’s legal counsel has refuted claims from Hodlnaut on Twitter.
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Craig Wright Apparently in No Hurry to Pay $60K for Failed Suit
According to the Norwegian Hodlnaut, it seems that Wright is ignoring his legal obligations following a failed legal battle.
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Bitcoin Users Leery of Tor: 23% of the Network’s Exit Capacity Compromised
Hackers are stealing bitcoin through the large-scale use of malicious relays on the Tor network according to a newly published research report on the subject. The researcher dubbed “nusenu” said he warned people about the growing problem in December 2019 but instead of improving Tor exit relay activity “things have become even worse,” he stressed.…
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Adam Back: Bitcoin is Enough, Satoshi Should Stay Out
Adam Back has some interesting (if somewhat odd) views on altcoins and the return of Satoshi Nakamoto.
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Adam Back: Some ICOs Funded Useful Research Despite Being Unethical
Adam Back admitted that some ICOs might have funded useful research, but still contends that they are deeply unethical.
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Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often referred to as the “principal book,” and entries can be recorded in stone, parchment, wood, metal, and…