Satoshi's Genius: Unexpected Ways in which Bitcoin Dodged Some Cryptographic Bullets
As far as open-source protocols go, one area in which Bitcoin is unique is the sheer difficulty of making any changes to the protocol. Unlike most other protocols, where features can be added, modified or deprecated at a moment's notice, in the world of Bitcoin even the slightest change requires the simultaneous cooperation of the vast majority of the....
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Following the US Treasury Department and the Office of the Comptroller of the Currency (OCC) proposal rules for the GENIUS Act—the country’s first stablecoin bill—Bitcoin (BTC) custodian BitGo has submitted its formal comments to the OCC. BitGo Pushes OCC On GENIUS Act Changes In a social media post on Monday, BitGo called the GENIUS Act […]
The con is over. Dr. Craig Steven Wright will not provide proof he is Satoshi Nakamoto. While Gavin Andresen admits he might have been fooled, Jon Matonis stands behind Wright’s claim that he is Satoshi. The Economist, BBC and GQ broke May 2 that Craig Steven Wright, whose political views Julian Assange called “amaeteur” in a 1996 e-mail, has provided proof he is Satoshi Nakamoto, the inventor of Bitcoin. Experts doubted this claim based on the ‘proof,’ but Wright promised further “extraordinary evidence” to back his assertions. Regardless, Craig Steven Wright, whose home was raided in....
Earlier this year, Phil Champagne released a book called the Book of Satoshi. Phil is the managing director of Wren Investment Group and has a background in computer software and electrical engineering. The Book of Satoshi presents the most relevant discussions in which the creator of Bitcoin, Satoshi Nakamoto, participated. The beginning chapters introduce the idea of Bitcoin and mining, how and why it works, and a brief introduction to cryptographic concepts behind it. All of the terms necessary to understand the majority of the book are clarified in these chapters. After the informative....
The Real Satoshi Nakamoto? Image courtesy of Newsweek (http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html). Newsweek claims to have found and interviewed the Real Satoshi Nakamoto: http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html. "Quiet, unassuming". Newsweek reporter Leah McGrath Goodman claims to have tracked down Satoshi Nakamoto, 64 and the face behind Bitcoin to his unassuming family home in Los Angeles's San Bernardino foothills. She writes: He is someone with a penchant for collecting model trains and a career shrouded in secrecy, having done....
Fragments of Satoshi Nakamoto’s secret identity, the genius responsible for the birth of Bitcoin (BTC), have resurfaced, shedding new light on the creation of the world’s first cryptocurrency. This revelation comes in the form of an email, hitherto undisclosed, bearing the date of August 22, 2008. The email, directed to computer scientist Wei Dai, offers […]