Bitcoin Forum

Everybody can read this post:

https://bitcointalk.org/index.php?topic=5070171

Lets change the time to delete old blocks with no transactions for the number of years we want to know the answer to that question, if real Satoshi was Hal Finney and he is really dead or if it is Craig Wright or someone else, he needs to move the money and we can assist.

Who rules the bitcoin blockchain, is Satoshi?
No, we rule it !

you have already received your answer in that topic.

basically you are saying we should break bitcoin and turn it into shit just because YOU think Satoshi is dead and those coins are lost!!! well you are not allowed to do this. if we start doing it then the next day i would find YOUR addresses and decide that YOUR coins are lost because they weren't touched for more than 1 hour and decide that we should burn them. will you accept it?

I accept it, lets do it  ;D

Like somebody said, the dead man dont need bitcoins, the alive miners need it, look to the hashrate:

https://www.blockchain.com/pt/charts/hash-rate

Maybe with this we could shut up Craig Wright trying to bluff about putting bitcoin in $1000.

Somebody wrote that the banks close the accounts after 7 years without cashout, we could do that too, look the genesis address:

https://www.blockchain.com/pt/btc/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

Is not been moved at almost 10 years, so, lets do it 10 years, maybe next year we have sure Satoshi was not Hal Finney and that he is alive and watching.

Could be fun  ;)

It is not going to be done. Bitcoin does not want to with the banks protocol, it is decentralized.
And you can't simply make a suggestion on this platform and expect it to be acted on by anyone.
And there is no point debating over the identity of Satoshi.

Your proposal in my opinion makes no sense at all,how do we have to go through such measures just to confirm who satoshi is, or if he/she/they are dead...
The system is working quite well without nakamoto,and that's probably why he left to stay anonymous..
So the system will remain truly decentralized,just as it is at the moment

Forgive me but this is ridiculous, just because you want to know if Nakamoto is really dead, you'll ruin everything. Don't you think you're acting like a child? Even though bitcoin is far away from being perfect but it's still work perfectly fine. I think what you need right now is to take a break and don't over analyzing things.

Thank me later buddy. ;D

one of the main reasons why bitcoin was created was to have a currency system that gives you the chance of being your own bank and be in full control of your own money and do with it whatever you choose to do. and this is true for everyone, creator, developer, average Joe, scammer Craig,... and nobody should ever be allowed to change that and make decisions for them no matter who they are and how much bitcoin they own. if we start changing that then everything will fall apart.

1 st

Is not only about know if Satoshi is alive or not, bitcoin blockchain have a problem, if i die tomorrow my bitcoins will be lost forever, if i loose my PK the bitcoins will be lost forever...

Other problem, if you have 1 Satoshi in one account you cant took that Satoshi out, because you need to pay minimum fee bigger than that Satoshi.
With time many many coins could get back to circulation or else be lost forever...

Try to tell this to a bitcoin newbie or a crypto-ignorant and ask him if he thinks this is a good solution, he will say immediatly that prefer to have the money in the bank, that is more safety.

Exists one thing called Murphys Law, with time a lot of people will lost bitcoins, that happens to people i convinced to use bitcoins already, that happens everyday, with time that will be more and more rare and more and more a saving of value.

You want bitcoin to be used or to be a safe of value?
I vote in to be used, if cannot be used we dont need it, we have gold yet!


2 nd

Im not talking about catching the money to Satoshi Nakamoto or Craig Wright or anybody else, im talking about a solution that forces the user to move bitcoin from one address to another from 10 to 10 years!

Even banks do that and we cannot say that banks only have bad things and bitcoin needs to be different in everythink.

It just tests if people is dead or alive or lost PK or not, that keeps beeing descentralized, nothing changes.


3 rd

We will know if Satoshi Nakamoto was Hal Finney or not (that is a bonus)!

To the ones dont know who was Hal Finney: https://www.youtube.com/watch?v=NJs1R3Oju9A

No it won't be, as long as you back up your wallet and keep it in asecure place.
I have seen an instance where a man kept his backup phrase as an inheritance for his kids and they are only allowed to access it after his death.

You can employ a lawyer if you want to be very formal about it.

That's not a problem with Bitcoin.

Bitcoin is still in it's very early stages. I assume there will be better solutions on handling private keys in the future.

There's nothing you can do with transaction fees. Without transaction fees, the mempool will be spammed to oblivion. But wait till the lightning network is ready, then we'll see.

Why should you care what people want to do with their money? If they want to spend, let them spend. If they want to hold, let them hold. And how is that keeping bitcoin from being decentralized?

tldr; let people do what they want to do with their money

You people should stop being too obsessed on who Satoshi is. Thank him for his creation, then let him be. Like what the hell. He/she/they wanted to remain anonymous for a reason.

Also, learn how to quote replies.

I just read the post on the link. You made some good points. We cannot just fold our hands and watch some coins disappear forever due to death of the owner. The 100 years you proposed may even be too long. As for me, I would propose an inactive wallet of 50 years.

100 years or 50 years seems perfect to me, the most important is to recover lost coins, Satoshi choosed 21 millions for a reason, so, we should be using always the 21 millions.

But this way we recover the coins from firts blocks (blocks with more than X years old) and we can delete them shrinking blockchain space, but as less years we configure, faster we recover lost money and faster we shrink blockchain size giving more efficiency to the system.

Imagine a management software in one enterprise for invoices, all the years the database is shrinked because starts from beggining, so 10 years for me should me OK, next year we will have 10 years since the genesis address transaction and the Satoshis 50 BTC were not moved yet, if he is rich and dont need the money or is really dead, lets take that money for developers or Bitcoin Foundation.

Bitcoin needs developers, we are staying back because there is no money for developers, Elizabeth Starks says there is no developers for Lightning Network, they work for free!

There is altcoins that are paying developers with coins, bitcoin its all free, so nobody wants to work in the system, Satoshi abandoned (maybe now is making BCHSV), Gavin Andressen... Lets get funds for developers and make bitcoin great again!

My PK is in a safe place, the actual system for me its OK, like Satoshi says, we should not trust anyone, not even in banks or laywers and the system is perfect meanwhile im alive, if i die by accident or even without accident, my bitcoins would lost forever as same as the Satoshi Bitcoins if he really was Hal Finney.

That is not problem for Hal Finney or for me when i be dead, its problem for bitcoin network, if the people dies or lost Private Keys, someday bitcoin would be just like gold and not used anymore.

Bitcon have 10 years, too much time to scale and not scaled yet, its a shame like says Roger Ver.

We all have our faith in LN that many important people says that will not work and the most important engineers work for free.
Bitcoin Foundation dont have money, lives from 10€/month each partner sends them and if you ask them some money to start a bitcoin project they say they dont have, so, why not to take the money that is lost to finance bitcoin evolution?

We are loosing in this moment for the altcoins, loosing bad, they are kicking our ass, they even talk about his coins in this forum called "Bitcointalk", we need to fight back and fast or else we will loose the war.

lets describe what you are doing for what you are really doing and don't call it something that it is not. you are trying to remove permissionlessness of bitcoin and that is not something that anybody would agree with. i have coins that are very old, from the first days that i started using bitcoin and i have no plans on spending them. you want to force me to spend them and i won't accept that change.

and that is how changes work with bitcoin. you have to get the whole decentralized network to accept your change before they do it and majority won't like this change.
you can however create an altcoin and implement your ideas (like what Chalie Lee did with his ideas and created LTC) and see how many would go for it.

I dont want to force you to spend that coins, i want to force you to move that coins to another address and say: "IM ALIVE" no matter who you are!
But as i said before, like many others, (maybe the most of guys) you are one holder, holders that dont trust the banks, dont give Private Keys to wifes or girlfriends, its easier to trust a bank than a woman (i hope Elizabets Starks dont read this post or else we will not have LN not even next century) so, if you have one accident and you die (hope that will never happen) maybe you/we can lost the bitcoins forever, so, it could be very nice we recover that coins for a special address owned by developers, Bitcoin Foundation or simply send the coins for mining rewards because many of developers are miners too.

That dont seem good to you?

Im a bitcoin holder and enthusiastic too, maybe more than you, im against all the guys that support any other coin that not bitcoin, i think we need to win the crypto battle agains FIAT money altogether, just after that we can start to play the game "My coin is better than your", but, in some point, when i see guys like Roger Ver giving this type of interviews: https://www.youtube.com/watch?v=zSbPz4g9rZQ i understand his frustration and maybe why he starts a new path.

Its more than obvious that bitcoin need to scale and need to upgrade block size, even with LN block size will not be sufficient, correction, specially when we have LN we will need bigger block size, because in this moment we dont need, we will need only when we have LN.

LN will generate a plus of INCHAIN<->OFFCHAIN transactions to open and close chanels that will not fit in actual block size, so, what are we waiting for to fork, that bitcoin comes to $0 ?

I will never start a altcoin, im a bitcoiner forever, thats why im losting time here trying to help, this idea can helps to finance and support developers, so if the developers start to lost interest in bitcoin because they work for free, maybe this can help, who works well should always get return.

The future of bitcoin is in the new developers, the old developers are rich and start to go out, the new developers dont have a lot of bitcoins as the old ones, so, how will we finance new developers like for example Elizabeth Starks etc that is trying to develop LN?

My idea could be a good solution for that.

We don't need any solution. Satoshi has created a big game. We are only playing it in Satoshi's rule ( It may has changed). We don't need solution, we need work on problems what is going on market. Like energy consumption, transfer speed... We have a great structre. We have to develop it someway.

The more reason why we shouldn't worry our pretty heads about who satoshi is or if he/she is dead,as it'll add nothing to the system..
Numerous investigations have been made about that without any valuable results,so I think leaving things the way they are is absolutely the most reasonable option,plus your ideas about the discovery into his/her identity is rather queer and unnecessary

No we dont change the blockchain and delete old blocks.
Stop talking about CW, just stop!

Regarding The blocks Satoshi mined, his reward is his not mine abd certainly not yours.
We dont need to know who SN is or where that person is, it does not matter, bitcoin matters.

I cannot believe how some people think.

Bitcoin suddenly boomed up hence bitcoin didn't scale well. Now though? While not yet totally ready for microtrasactions, bitcoin is working fine. I could easily send BTC with only a fee of a few cents. Not to mention LN is moving fast. To be honest, most of the people that are saying that bitcoin is slow are the ones who doesn't actually use bitcoin to transact.

And where did you get those information? Can you point me to sources to prove these points?

If you think bitcoin is losing to altcoins then you simply don't understand bitcoin, and you're just probably one of those people who think that transaction fees are the only important factor in having a successful cryptocurrency. Even all the altcoins combined are still significantly dwarfed by bitcoin in terms of everything.

anyway
breaking bitcoin and breaking the fungibility of the coin. and the security of immutability just for proof of life of one person. is as stupid as saying destroy all retirement funds from the 1953 to 1977 just to see if elvis is still alive.

here is something even simpler

to avoid affecting btc
whoever has the private keys can easily move coins of forks.

now here is the funny part that disproves craig wright.
his "trust" is just a file of PUBLIC addresses for BTC.
so if it was a real trust and if he did have the private keys.. he could freely move those forked coins as they are not part of the trust, (which he uses as the excuse to not move them)

so yea
move the forked coins and it wont affect btc or any other excuses not to move btc. because its not moving BTC...

LOL

1ST, this is your problem, not bitcoins or the blockchain. YOU decide
and manage your wallets.

2ND, Why shoukd you care how long i keep my bitcoin in my wallets?
just worry about your own. What i or anyone has is of no concern to
others.

3RD, I really want to know what the bonus is of knowing who or where
or hiw old, or what kind of car, or what kind of breakfast is eaten by satoshi?

i just dont get your logic.

Energy consumption?

That is POW, proof of work, the biggest Satoshi rule, if energy was free from the beggining in this momment no one would beeing using bitcoin because technically BTC is a cryptocoin from past.

The energy consumption is the garantee that bitcoin will get more value, take off POW and change it by a energy friendly shitty-protocol and you will see bitcoin going down to 0$ very fast.

Thats why the people use bitcoin, because energy is not free and to product BTC we need a high demand.
Why people would invest in a coin that could be producted from the air and that everyday comes a new coin with best features?

Let the energy consumption be like it is, how much more energy we waste to create bitcoin bigger value it will have, this will finish as soon as the 21 millions be created, after that we can use only LN, with LN transactions we will have less cost and consume less energy.

Satoshi created a good algorithm, many things still not implemented and others the people dont want to implement as Satoshi said.
LN dont have nothing to do with Satoshi WP, Satoshi proposal was to change block size, but Satoshi was not a god, just a human beeing and all human makes mistakes and many minds even some less IQ level still can think better than just one.

You want to delete Satoshi's coins? That will never happen. Let's just accept things as they are.
Craig is not Satoshi, he is a crazy rich man who wants to be known for something. Even if that something is the life's work of someone else. You can see how possessive he is. He wanted to prove that he made Bitcoin and failed so now he wants to take over BCH. Why do you need Satoshi's coins to be in circulation?

You cannot know who is Satoshi just for make him change his money from one address to another.
If you care about bitcoin its important to know what Satoshi wants to do with that coins, maybe he can kill bitcoin with that coins, we never know, so,with this idea maybe we can make bitcon a better blockchain in my opinion, support the developers with extra money and at same time see if Satoshi is really dead or not or see how much bitcoins were lost.

I heard that many investors are with afraid of invest in bitcoin because they think Satoshi Nakamoto could crash the market if start selling, so, i think that if Satoshi is dead or dont want to use his coins to dont crash the market this could be very important information for the future of bitcoin market.

Bitcon is working fine because people starts to use other crypto or not using crypto anymore, look for the registry of daily transactions.
I myself stay more than 3 months (i said more than 3 mounths and i can prove it to you) waiting for confirmation of 1 transaction from December 2017 to March 2018, yeah, now its working fine, people stopped using it!


About LN everything is public, many important personalities of this market dont beleave in LN, i myself think its good idea but without block size scale at same time that will not work, LN will create more than 500 thousand transactions to open/close LN chanels and other transactions from people that will start using bitcoin but will want to transact ONCHAIN.

About engineers you can contact Elizabeth Starks enterprise or go to website and ask if they need blockchain engineers and how much can pay you!

About bitcoin foundation i myself have the emails about beeing partner, they take 10$/month.
I asked support for bitcoin projects they told me they are not supporting any projects in the moment! Maybe there is no money, bitcoin is very low  ;D


Its not transaction fees, its everything, bitcoin just have one thing better in this moment, a name that gives it hashrate support.
If the miners tomorrow decided to support BCH and forget BTC, even you and me would go after, biggest chain hashrate always win and like some say, this is not a 100mt run, this is a marathon, we never know the future.

Without developers to keep pushing and funds to support it no coin can win and bitcoin has been losing many support of many important enterprises, all them adopted BCH after saying many times they will not do it never (i remember and i have proves of Blockchain.com, Bitmain, etc) now they are using it and even Bitmain sold almost all bitcoins and bought BCH.

LN's latest concept.. factories. or as i call it FORTKNOX

onchain:  
  user (8decimal bitcoin) -> factory address(8decimal bitcoin)

offchain:
  factory(12decimal bitcoin(cant broadcast)) -> USER CHANNEL(12 decimal)
  user channel(12decimal) -> co-signers factoryoutput(12 decimal)
                                     -> users factoryoutput(12 decimal)

when settling tx is handed back to factory and agregates who is owed what based on the offchain it gets back
and the factory then either
creates a broadcastable tx that the factory signs
  factory(8decimal) -> users onchain personal address(8decimal)
                           -> co-signer onchain personal address(8decimal)
                           -> factories onchain personal address(8decimal) - (for his cut/commission)

or creates another offchain tx to go to another channel open session without needing to broadcast
   factory(12decimal bitcoin(cant broadcast)) -> USER CHANNEL(12 decimal)

in short factory own the value and let people play with 12decimal promises
.. some may think its a good idea. but remember what happened to gold when banks asked people to vault up the gold and play with promissory notes(bank notes)

end result. people were then told gold was to heavy to handle(devs usage of 'weight' is no coincidence instead of size)
so play with some copper and brass(altcoins) in the 19th-20th century

LN is a separate network that allows multiple coins to be broadcast in and out of. so expect factories to refuse to sign broadcasting btc transactions onchain and instead promote swapping for alts as the only exit to LN.

LN devs are paid by bankers. dcg.co/portfolio/#b     (blockstream)

I think that will not affect Bitcoin, indeed Bitcoin is not perfect and still has some shortcomings, maybe it has been thought of by bitcoin developers, I think Bitcoin persists even though there are still shortcomings.

I dont said that was only to prove if Satoshi is alive, read my posts and you see all advantages that i talk.
About CW, you dont know if he is using bitcoins or not, i googled and i dont find any list of addresses that its 100% sure they belong to Satoshi, you have that and you can prove it?

The only one i found that we can prove belongs to Satoshi is the genesis address: https://www.blockchain.com/pt/btc/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
that have 66BTC.

Maybe the guy is moving the other addresses that we never know to who belongs or simply dont need it.
But for sure Satoshi was not the only guy from the beginning that can have a lot of coins and there is much guys from the begining that lost a lot of coins, you remember the guy in Brazil that was trying to dig the landfill trying to find the private keys he sent to the trash?

That lost money could support miners and developers.

Thats why you are maybe a guy that mined or bought bitcoin in the good times, if you was one investor that wanted to invest in BIG on bitcoin but after watching Craig Wright saying he is Satoshi and can put BTC in $1000 maybe you could care.

Maybe next year you could be writing that we should have took all the money of Satoshis addresses before he sold them  ;D

I believe EOS did something similar to this, if coins are not used within a certain time frame the team can seize the coins and distribute.  Some fair points were raised earlier about the issue of someone dying and the coins being lost forever.  A lot of people don't even trust their own family with a private key. I'm on the fence on this one.

I watch some node some days ago that was taking $0.05 fee, i beleave that maybe you will not need 12 decimal  ;D
I beleave too that banks will control LN but we should expect swapping for ALTS, so BTC is dead?

ridiculous and impossible idea, also, why would we tamper with the Bitcoin Blockchain?

It seems we cannot use this ridiculous and impossible idea, maybe EOS guys patented it !

Indamuck you diserve 1 merit, unfortunatly i have 0 ones to send, where can i buy some to send?

 ;D

We would not be tampering, just evoluting, to fund the developers for example.
In this moment for sure there is many things developers need to do and dont have time and maybe there is not much full time developers, because they work for free.

With 66 BTC from the genesis address that could expire next year (10 years without beeing moved), if Satoshi is really dead, we could finance developers for improvements.

66 BTC = $370 128

Would you like to help to fix some bugs for this money or help to finish LN faster?

Good point, so, imagine Craig Wright is really Satoshi and now cannot prove it because he deleted the PKs and now asked Gavin to tell everybody that he saw the PK, could be a great conspiracy story...

So, lets took his coins next year?

 ;D

There is no body that is saying Satoshi Nakamoto is dead, He is only hiding his identity. Satoshi is not touch that wallet in order to save the life span of bitcoin.

I agree that Bitcoins that are no longer used and circulated on the Bitcoin network should burn. This will increase the amount of Bitcoin traffic will actually grow and Bitcoin will actually increase rapidly because of the limited amount of Bitcoin. No more searching is what will help it go to the moon.

Many once claimed to be Satoshi, but they did not give any evidence to prove it. I believe that Satoshi may actually have died and the number of Bitcoins he owns has become a tomb, and it is no longer circulated on Bitcoin's Blockcchain platform.

Again, nobody needs to sell nothing, just move the money from one address to another to say to the system:

Im alive, dont delete my coins!

From time to time, 10 to 10 years, its so difficulty knowing that we can support the developers and/or miners with that fresh money?

Of course, all people together rule cryptocurrency, and in this and all the beauty of technology

Im not apologist of reinventing the wheel, this is just a contribution, something that can make more sense in future or maybe not because there is much more than 21 milliones yet outside blockchain in the exchangers, so, maybe this lost ones are not so important.

A body is not an indicator. You must be joking.
There was a theory that Satoshi could be a hurricane victim. Many people died at the time when he disappeared and their bodies were never found.
I like that he's staying anonymous. It would be dangerous for him to reveal his identity.

There was 2 possible persons to be Satoshi, both already dead:

https://en.wikipedia.org/wiki/Hal_Finney_(computer_scientist)
https://en.wikipedia.org/wiki/Dave_Kleiman

For me Dave Kleiman is out of hypothesis, because when everybody thought Dorian Nakamoto was really Satoshi there was a message posted by Satoshi Nakamoto saying he was not Dorian, so, if he is not dead needs to be Craigh Wright or else the really Satoshi would have posted a message saying he is not Craig Wright but there was no post.

Conclusion, for me Craig Wright is Satoshi Nakamoto, because:

1º There was no post from Satoshi saying he is not Craig
2º When the media start to notice the possibility of Craig was Satoshi he always hide and runaway from the media.
3º Is interview defending cypto in 2014: https://www.youtube.com/watch?v=4GuqlQvFYJo the way he defends bitcoin, understand it, the vision for the future and his way of react, look and challenge the jornalist, the world, about bitcoin technology.
4º He really told publicly he is Satoshi
5º Gavin Andressen told he saw the proof and that he really thinks Satoshi is Craig.
6º There was news about if he was Satoshi he could have legal problems and beeing accused of crimes that were commited using bitcoin, so the guy goes back.
´
What more evidence do you need?

build a fork that only destroys your coins first and then hands them to whomever dev is greedy.
and then when your pennyless. then people might consider it :D

oh by the way. the devs are not working for free
didnt you know the main devs got VC funding to the tune of over $100million... i think their set for life. so no need to ruin bitcoin.
but please continue making a fork that will destroy your own coins.(just to see how ur code works)

Humm, Venture Capital?
Who defines who is a main dev?

Why do we need to have research about the life of Satoshi? Do you know why he have to secret his identity? We should not problem that because he has his own lives. If he is dead already then his legacy will remark for every people that live today and will live in future. Bitcoin and Satoshi are two words that connect as one. We just need to give it importance.

this is just a joke. I still won't believe the news like this. only makes people confused and panic. For that I still believe in bitcoin

Why is it necessary to know if Satoshi Nakamoto is dead?! Will this make $Bitcoin work better?! Will it reduce the scams that people have turned Satoshis's goodwill to?! Will the incessant and indiscriminate fork on coins stop?! Will knowing whether satoshi is dead or alive make government accept and use $Bitcoin?! I don't think knowing whether Satoshi is dead or alive make any difference in crypto!

Old bitcoins will be accessible in the future on quantum computers by hacking keys to inactive wallets. It looks fantastic now, but in the future it will be real thanks to the development of computing technology and cryptographic algorithms.

You did already answered your own question but i would like to clarify that Satoshi wont tend to show up himself easily and those people who claim that they are satoshi are just Faketoshi.lol
No one owns bitcoin even satoshi itself create such invention it doesnt mean he do have the full control of it.By the way why do you care too much?

There was also no post from Satoshi saying that he's not Nick Szabo, Gavin Andersen, or Donald Trump.


Craig was running before he was even suspected of being Satoshi. Maybe it's his defense mechanism, or maybe he doesn't like authorities, because he sure likes attention, so that wasn't what he was running from.


Many people understood and defended Bitcoin in 2014. Andreas Antonopoulos is just one of many.
What about Bitcoin devs? They were working on it for years in 2014 and weren't seeking attention like Craig.


And later withdrew that statement and said that the whole thing was well prepared to make it look like Craig had access to Satoshi's addresses. The fact is, he never did.

I have no idea what you're talking about.


A lot more, because I haven't seen any yet.

I told here many times that something like this would happen:

https://translate.google.pt/translate?sl=pt&tl=en&u=https%3A%2F%2Fportaldobitcoin.com%2Ffundador-exchange-morre-e-r-700-milhoes-em-criptomoedas-estao-perdidos%2F

Now people stays without money forever, for me the solution of take the money after some years its reasonable and that can be done, all the address not moved in 10 years should be cleaned and money sent to miners, even Satoshi Nakamoto genesis block!

I really don't understand why people are so much interesting in Satoshi, who is he, if he is still alive etc.?
Do you think that anything will change in your life if you find answer to this question?
I don't think so.
In my opinion, more important is to understand blockchain technology, bitcoin, crypto world and how it can change your life.
Satoshi shared his vision with us but now is our turn to develop it and to convince others to accept it.
All this idea developed a lot in the last 10 years and now this story is about us, not Satoshi any more.

Yes, thats why we need to start to delete old blocks or our wonderfull blockchain will be a snowball in future and everybody from banks would say:

"I told you, bitcoin was a bubble!"

You cannot have one unlimited data blockchain, everything in the life needs to be sustainable if bitcoin keeps going like this will have big problems again soon, look the number of day transactions, is starting to become as in the 2017, ok now we can do more some thousands of moves, maybe its some more mounths to get that point and what we will do, pay unbleavable fees again and wait days, weeks or months for a transactions like i did myself and can prove it, 3 months for a transaction be confirmed ?!

How can we have descentralization with a blockchain with terabytes and terabytes? Someday only google and Microsoft can run a full node!

We need to cut the problem by the root as soon as possible, old blocks need to be deleted to keep a full node with reasonable data size:

7. Reclaiming Disk Space

Once the latest transaction in a coin is buried under enough blocks, the spent transactions before
it can be discarded to save disk space. To facilitate this without breaking the block's hash,
transactions are hashed in a Merkle Tree [7][2][5], with only the root included in the block's hash.
Old blocks can then be compacted by stubbing off branches of the tree. The interior hashes do
not need to be stored.
A block header with no transactions would be about 80 bytes. If we suppose blocks are
generated every 10 minutes, 80 bytes * 6 * 24 * 365 = 4.2MB per year. With computer systems
typically selling with 2GB of RAM as of 2008, and Moore's Law predicting current growth of
1.2GB per year, storage should not be a problem even if the block headers must be kept in
memory.


But this is not enought, we should go far, delete old blocks forcing people to move bitcoins from time to time that way we could recover lost money like that lost millions .

The target is to make a system that can run thousands of years or you pretend to make bitcoin to last only 100 years or 200 or 1000 ?

What is the target?

Nobody wants to do hardforks, that way bitcoin have his years counting down, hard-forks need to be done sooner or later.

It has already been forked with bitcoin cash, no news from the real satoshi. He has a million in bch as well which goes unclaimed, he does not care about the moneynit is the legacy and it will continue better if he remains private

you are spamming! man! or you are trying to get attention for no reason! your issue was answered in the previous thread!

First of all why would it matter how many BTC are in circulation or have been lost? The less BTC there is the more valuable those in circulation are. This idea first of all would not work and finding Satoshi wont make any difference - if anything it could damage whole idea.
It's better to focus on building BTC adoption than tempering with blockchain.

Im sorry if i think that bitcoin can be used and not just a reserve of value or else we wouldnt need to scale.

If bitcoins get lost the system become more centralized, bitcoin network was created to be descentralized.

If everybody in the world have the same quantity of bitcoin would be better for the network, its like the FIAT money, how much more centralized ib be worst for everybody, thats why they invented the banks to give credit and they print more money for the poor or else we would have civil war all the time.

I guess that you mean that bitcoin chain is shit because Satoshi's coin is in no use because he is dead? Well, if he is... these coins are locked and they can increase the value of bitcoin as the circulating supply becomes less.
With or without Satoshi, the blockchain is decentralized and it is ruled by all people, not by just one.

If i was in his place i was doing the same, keeping low profile.

But that could be a time bomb, its like if you have the power to click one button and destroy the world with one atomic bomb, there is no atomic bombs since World War II, but that danger stills, we cant say that nobody cares now about atomic bombs because none is used in battle since WWII.

If we do it the guy needs to move the money, if he doesnt move it that will make bitcoin less accessible to speculation and will turn bitcoin more decentralized because nodes could be runnning in the house of anybody and not only in a industrial data-center.

Bitcoin will be shit if it cannot delete old blocks, all databases in the world can delete data, imagine to have emails without deleting data, would be the CAOS just to save all the information, every database (blockchain is just a database) needs to support deleting old data or else its a snowball.

If BTC be lost will increase the value, but imagine that in time we lost half of bitcoins and after so much time of stability one lucky guy recover access to one old address that is not moved at some decades and have thousands or millions of bitcoins, he will be the master of the world or even can start to sell untill colapse the market.

Do you think bitcoin is decentralized? There is 20 mining pools that rule the bitcoin, 20 mining pools are 20 boss in the world and some of them have the same boss!
99% of bitcoins are in the hands of 1% of the miners, you call this decentralized?

Your reasoning is absurd, its like saying "lets make bitcoin into paper notes,
lokk at FIAT it has paper notes, why cant bitcoin?"

Do you realise how difficult and improbable it is for "1 lucky guy" to recover
an old wallet belonging to someone else is? Take a guess and add as nany
"0's" as you like.

This thread was not created to "knowing if Satoshi is really dead" , It was
created so that someone could have coins belonging to someone
else, coins which were mined by someone else.

Stop with the Satoshi dead or alive.
I thought it was full nodes which controlled bitcoin, they validate the transactions.
If miners controlled bitcoin why don't they change it to their own benefit?
Those 1% of miners might be in control of the hashing power but they are not in control of bitcoin itself.

I think we should stop this useless search for information that can help us find out who Satoshi is. It won't give us anything. If Satoshi wanted to remain anonymous, we won't be able to unravel his identity. You'd better do something more useful.

there's no reason even to start this topic though. giving opinion on this matter will not make any difference. maybe, just for entertainment purposes? or getting funny ideas from different people?

No one rules Bitcoin, everyone does. That's the whole point of Bitcoin?
You want to take away billions of dollars from the guy who created all of this + THOUSANDS of blockchain related businesses? For what? to figure out if he's dead? lol.

Not only will this be the doom of Bitcoin. You'll make a whole market crash and have a negative effect on millions of people.
If you're succesfull and it turns out Satoshi is actually dead, what will you have accomplished? Nothing good for anyone - that is for certain.

you really need yo grow up, kid!

Ok, so what happens after we have eliminated Satoshi's coins? Who will be next? Roger Ver? / Gavin / CW ……. ? If we allow this to happen to one persons coins, then people will lose confidence in the technology, because they will be worried about their own coins. This will lead to a massive dump of coins and the destruction of the Bitcoin price.  >:(

Even if we know that a serial child killer is in possession of 1000's of coins, then we still cannot "remove" those coins from the Blockchain. We need to give people the guarantee that their coins will be safe, no matter what they have done or who they are.  :P

Bitcoin blockchain is a snowball, needs to be improved and will never be perfect, many Satoshi points are not implemented and some of them are not the best solutions like scaling for example, Satoshi predicted scaling with bigger blocks, where they are? The core people is pointing to Lighnting Network as solution.

Energy consumption is not a problem, that is the best invention of Satoshi, if you want bitcoins you need to waste a lot of energy and pay for it, that is what gives value to bitcoin, like gold.

This is the mining times, gold mining fever wasted much more energy and lifes and keeps wasting more than bitcoin and nobody said lets use other metal, if you want energy solutions try RIPPLE and make some centralized group very rich, in bitcoin everybody is free to "print money", its one open system.

After mining is finished the energy waste will be almost nothing, we dont need so many TH/s just to run one layer 1 solution, bitcoin network can run with only 20 machines S9 like the 20 biggest pools now and if each one belongs to a different user we have the same descentralization and the same processing speed/capacity as now!

Yeah, thats the way German thought in WWII about enigma machine and they lost the war:

https://www.kaspersky.com/blog/ww2-enigma-hack/8628/

Look how difficulty is:
https://www.youtube.com/watch?v=LbICYO3qD-Q

You dont know the story of the guy that send the paper to trash and was trying to find it back ?
There is treasures that are found 500 years after like spanish and portuguese gold ships, imagine that someone in time can break some encrypted cloud file with bitcoin addresses like the Dave Kleiman or Hal Finney files that maybe NSA have access.

In BTC everything is possible, even you can generate tomorrow by lucky one millionaire bitcoin address and took all the money out, that is possible, thats why we should not have a lot of money in one address, but there is exchangers and a lot of people that have all his money in one addresss!

Bitcoin have a lot of centralized/descentralized variables, its not just nodes.
Mining power, nodes, hardware, software, wallets, exchangers, owners of bitcoin, everything is important and needs to be descentralized to dont go down in time like Netherland tulips.

The target here is to prove that we need solutions for bitcoin speculation of wale adresses "lost in time" or else bitcoin will never be a stable solution.

Its a funny idea that maybe makes sense to delete Satoshi money!

That is the point, im trying to get solutions for future market dont crash, can be Satoshi addresses or any lost wale address belonging to anyone else, that risk is real and will happen if nobody change the rules.

If we cant make more than 21 millions we cannot lost the bitcoins or else that will be a problem.

I think you are not undeerstanding it, who is saying that we will eliminate Satoshi coins?

He can move them for new addresses and that will make it possible to delete bitcoin old blocks and save space in blockchain like Satoshi said in WP in the point 7. Reclaiming Disk Space, but with some improve.

Even Satoshi is not perfect and we can improve, Lightning Networking is one example of something that maybe can work and can be better then bigger blocks.

If the guy dont move the money its because he is dead or dont want it, so we can use it to give it to the miners and descentralize even more the bitcoin owners.

The point is, for now all of course also will not be many who care whether satoshi is still alive or dead. I don't think that will have a big impact. It will be useless even though he is still alive but Bitcoin demand remains stable. So, i don't agree if appearance of Satoshi will give an impact to Blockchain

This idea has been done in the past and thought up as well.
Even if Mr. Satoshi is still alive, its only fair to leave the man alone and give him his space.
Can you only imagine the outcry and demand in public interest from this person who already chooses to live a life away from the public.
He would be praised by a few while being tar and feathered by the masses.

The target here is not to know if he is alive or not, the target is to improve and solve the problem of disk space in blockchain by deleting old blocks, but what could be achieved with that is very interesting, maybe nobody thought about that before, so i thought i need to wrote this :)

Knowing he is alive or not dont reveals his identity, but we could sent him some tribute with certainty that he would be watching, imagine some big tribute from all the world after he moves the money like THANK YOU SATOSHI!

At same time if he dont move the money maybe he is really dead and maybe Craig Wright is a real faketoshi and could stop speculating about the chance of starting to sell bitcoins until price gets $1.000.

The topic is alive again:

https://player.fm/series/the-world-crypto-network-podcast-2503365/lets-burn-all-of-satoshis-980000-bitcoin-an-interview-with-ray-youssef

It seems now its someone famous to say it  :)

Now its not only Craig, this time we know 100% we have at least a "faketoshi" so, we could stop some impostors!