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Satoshi Nakamoto

People claiming to be Satoshi (List of Faketoshis)

DISCLOSURE: I don’t believe any of these people to be Satoshi.Continue readingPeople claiming to be Satoshi (List of Faketoshis)

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Satoshi Nakamoto

Has someone made a “buy with bitcoins” button?

I mean an image. You know a nice one that people can put on their checkout webpages.Continue readingHas someone made a “buy with bitcoins” button?

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Satoshi Nakamoto

On bitcoin generation, and bitcoin organizations

Bitcoin is a currency, literally, in its infancy. The concept is, as far as I know, the first of its kind.Continue readingOn bitcoin generation, and bitcoin organizations

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Satoshi Nakamoto

How many bitcoin addresses exist?

The larger the hash160 is, the more base58 characters required to represent its address.Continue readingHow many bitcoin addresses exist?

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Satoshi Nakamoto

Node influence proportional to CPU power

What else do you use to determine who is (approximately) one person?Continue readingNode influence proportional to CPU power

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Satoshi Nakamoto

Latency and locality

With a global p2p network, it is necessary to have all nodes receive the transaction, do some calculations and send results back.Continue readingLatency and locality

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Satoshi Nakamoto

Satoshi’s node-to-power ratio

The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used.Continue readingSatoshi’s node-to-power ratio

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Satoshi Nakamoto

Transactions – Trust No One

If knight’s “trust everyone collectively” meant, “trust in the process” I find that insightful and a good motto.Continue readingTransactions – Trust No One

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Satoshi Nakamoto

Bitcoin minting and botnets

If people believe that bitcoin is simply a way for botnet herders to convert spare cpu cycles into cash, they are unlikely to participate.Continue readingBitcoin minting and botnets

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Satoshi Nakamoto

Bitcoin minting: a critique of preceptions

But I do think that is is really important to point out that all that CPU power and electricity usage is absolutely NOT required for the task at hand.Continue readingBitcoin minting: a critique of preceptions