The mystery of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, remains one of the most tantalizing questions in modern finance and technology. Chief among these mysteries is the fate of the roughly one million bitcoins believed to be controlled by Satoshi. At the current market price, these coins represent a fortune so vast that their eventual use—or […]
Tag: Satoshi Nakamoto
All articles tagged “Satoshi Nakamoto”:
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 […]
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 […]