Whilst going through hundreds of emails and forum posts written by Satoshi Nakamoto (all of which are documented for posterity at the Satoshi Nakamoto Institute), one particular correspondance I came across stopped me in my tracks. Why? Because it — an email written by Satoshi himself no less — talks about scaling Bitcoin (a topic […]
Tag: Satoshi Nakamoto
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Have you ever wondered how proof of work (the mechanism by which new blocks are added to Bitcoin – a.k.a ‘mining’) solves the Byzantine Generals Problem? Well, who better to try to explain this than the creator of Bitcoin himself: Satoshi Nakamoto. Interestingly, everything Satoshi Nakamoto wrote is recorded for posterity on a website called […]
There’s a lot to appreciate looking back at all the various things Satoshi Nakamoto (the creator of Bitcoin) wrote in emails, mailing lists, and forums (and boy did he write quite a bit). If you happen to already understand Bitcoin you’ll quickly see some of the early-thinking-brilliance of Satoshi in many of the below quotes, […]
Bitcoin went live on January 3, 2009. This was the day that Satoshi Nakamoto generated the first Bitcoin block, in which he encoded the message: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” -taken from the title of an article on the front page of one of London’s best-known daily newspapers: The […]