Questions on: satoshi-nakamoto

The creator, Satoshi Nakamoto (referred to as a "he" hereafter even though it might be a woman or a group of individuals), seems to have mined many of the early Bitcoin blocks. There have been several analyses identifying blocks mined by a specific s
Satoshi Nakamoto is the name used by the unknown person or persons who designed bitcoin and created its original reference implementation. [1] As part of the implementation, he also devised the first blockchain database. In the process he was the fir
Transactions are not necessary to mine blocks. In simple terms: mining a block = finding a hash that matches with the previous block's hash + optionally a bunch of unconfirmed transactions. A block doesn't need to include any transactions
I won’t discuss anything in this post. I’m tired of discussing technical things with people with skewed opinions and monetary interest. I’ve talked enough in the Bitcointalk forum about Satoshi
What Satoshi is referring to is the traditional financial system's inability to transfer small amounts of money. Traditional money transfer systems such as ACH and various wire transfer services are reversible for a certain period of time, meaning th
Assuming all else is equal (same network hashrate, etc) then the attacker still represents the same percentage of the overall hashrate and therefore may claim the same percent of the blocks for his/her attack. While it's true that faster block time i
When respected NY digital musician Gramatik became fascinated with Bitcoin’s mysterious creator, he decided to spread the word about the cryptocurrency through his music. Gramatik recently released an album called ”Epigram” that contains a track name
Similar to how terrible laws get passed during a crisis (e. g. , the Federal Reserve's passage on Christmas eve, or after journalists call it a night on Friday), there is the potential risk that developers would release software during a crisis in wh
Is Craig Steven Wright behind bitcoin? FOR years the world has been searching for the true identity of the person calling themselves Satoshi Nakamoto who is believed to be the creator of the cryptocurrency bitcoin. Nakamoto claimed to be a 37-year-ol