Title: Maybe Satoshi created the greatest prize competition Post by: globaltreasure on June 04, 2019, 01:22:38 PM Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain.
Title: Re: Maybe Satoshi created the greatest prize competition Post by: satoquotes on June 04, 2019, 03:09:52 PM in 2010 they were talking about lost coins and satoshi said
Quote Think of it as a donation to everyone. https://bitcointalk.org/index.php?topic=198.0Title: Re: Maybe Satoshi created the greatest prize competition Post by: satoquotes on June 04, 2019, 03:55:54 PM Quote from Acidyo https://bitcointalk.org/index.php?topic=109.0 Re: Saying hello, and have a few questions
Quote Quote from: seriouscoin on February 14, 2014, 11:19:27 AM Quote Quote from: Acidyo on February 14, 2014, 11:15:30 AM Quote Quote from: seriouscoin on February 14, 2014, 11:13:17 AM Quote Quote from: Acidyo on February 14, 2014, 11:11:20 AM Quote It's kind of funny to read these old posts and see how people threw bitcoins at eachother. lol Smiley If you google OP's address there are several addresses with 100btc that have remained untouched since 2011. most likely lost Ouch. This was like one of the first old posts address I followed and already so much btc lost. I wonder how much of the 12 mil that are out there now are still in circulation and accessible. As Satoshi said it himself..... lost coins are like donated coins..... to EVERYONE. So i dont mind lost coins at all.... i wish half of that 12 millions are lost.... Cheesy Imagine in the future if btc would hit 100.000$, people are gonna start teaming up to hunt these lost address down and try to access them. Actually, why haven't they already started? Title: Re: Maybe Satoshi created the greatest prize competition Post by: TimeBits on June 04, 2019, 04:56:40 PM Quote from Acidyo https://bitcointalk.org/index.php?topic=109.0 Re: Saying hello, and have a few questions Quote Quote from: seriouscoin on February 14, 2014, 11:19:27 AM Quote Quote from: Acidyo on February 14, 2014, 11:15:30 AM Quote Quote from: seriouscoin on February 14, 2014, 11:13:17 AM Quote Quote from: Acidyo on February 14, 2014, 11:11:20 AM Quote It's kind of funny to read these old posts and see how people threw bitcoins at eachother. lol Smiley If you google OP's address there are several addresses with 100btc that have remained untouched since 2011. most likely lost Ouch. This was like one of the first old posts address I followed and already so much btc lost. I wonder how much of the 12 mil that are out there now are still in circulation and accessible. As Satoshi said it himself..... lost coins are like donated coins..... to EVERYONE. So i dont mind lost coins at all.... i wish half of that 12 millions are lost.... Cheesy Imagine in the future if btc would hit 100.000$, people are gonna start teaming up to hunt these lost address down and try to access them. Actually, why haven't they already started? They already do. https://lbc.cryptoguru.org/trophies https://lbc.cryptoguru.org/stats Title: Re: Maybe Satoshi created the greatest prize competition Post by: TimeBits on June 04, 2019, 04:57:48 PM Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. This is some ready player one shit, but I don`t think so, Although if I was Satoshi those funds would go to projects like blockstream and creating a self sustaining society that does not suck ass. Title: Re: Maybe Satoshi created the greatest prize competition Post by: Ailmand on June 05, 2019, 01:55:27 AM I think he did. I'm sure that Satoshi has been through a lot of trial and error proceedure and testings. I have no doubt that he has creating things like the greatest prize competition. We all know that Satoshi has been successful will Bitcoin through several trial and error.
Title: Re: Maybe Satoshi created the greatest prize competition Post by: height579366 on June 05, 2019, 02:23:21 PM But there is a difference between addresses with no owners (lost coins) and active addresses with owners (don't generate privatekeys for this).
https://bitcointalk.org/index.php?topic=198.0 Quote Quote from: laszlo on June 21, 2010, 01:54:29 PM .. it would make more sense to try to recover keys for lost coins or steal other people's coins instead? .. Maybe Satoshi can address this.. Quote Quote from: satoshi on June 21, 2010, 05:48:26 PM .. Someone with lots of compute power could make more money by generating than by trying to steal. Addresses with no owners of privatekeys: shalecoin https://bitcointalk.org/index.php?topic=5134441.0 I think it's fair to say that Bitcoin as it exists today is not quantum secure, period. Pieter Wuille https://twitter.com/jb55/status/1133533068197675010 1. The first owners of possible computers with the ability to 'frack' the privatekey will use these computers only for shalecoins. (Coins with no holder) 2. Bitcoin will get an update. (QC secure) 3. In the meantime all owners can transact their coins to these new addresses. 4. Then there will be other QC owners who will 'frack' all remaining coins. - As mentioned before - Definition of "shalecoin": Coins with no access to the address. (Nobody has the privatekey) If that address is a coinbase address: 1 year after mining Other addresses: 10 years after last output transaction (If there is no output transaction then 10 years after first input transaction) Longterm holders of coins should transfer their coins to a new address within 10 years, so they wouldn't become shalecoins. All other coins with no access to the address can't be transacted to a new address and will become shalecoins after 10 years / or after 1 year if it's a coinbase address. Owners of possible computers with the ability to "hash" the privatekey would use these computers only for shalecoins. (Coins with no holder) Title: Re: Maybe Satoshi created the greatest prize competition Post by: Adriano2010 on June 05, 2019, 02:47:57 PM Yes there is a difference from "lost coins" i mean people who lose access to their coins, pc crash and no backup, forget and throw away there pc, and yes Satoshi i think create a prize competition but i don't think private keys can be found from blockchain.
Title: Re: Maybe Satoshi created the greatest prize competition Post by: funchiestz on June 05, 2019, 02:50:22 PM Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. And you're joining another contest which meaningless thread on this forum! What is your point with this thread? Yes, let's assume he created a contest. Well, what is your point? You don't ask any question, don't share any information and don't do anything just wrote some words with no meaning! Title: Re: Maybe Satoshi created the greatest prize competition Post by: height579366 on June 05, 2019, 03:07:01 PM Yes there is a difference from "lost coins" i mean people who lose access to their coins, pc crash and no backup, forget and throw away there pc, and yes Satoshi i think create a prize competition but i don't think private keys can be found from blockchain. Only Satoshi can tell. But 'fracking' this shalecoins https://bitcointalk.org/index.php?topic=5134441.0 Bitcoin will get a boost. Title: Re: Maybe Satoshi created the greatest prize competition Post by: MakeMoneyBtc on June 05, 2019, 05:41:04 PM No one knows exactly why Satoshi kept those coins stuck on that address but there's surely a reason for that. It could be because he wanted people to try and find the mistery behind this or it could be because he just wanted to let the funds there forever so that everyone will remember that address as Satoshi's address. Or maybe Satoshi is already a very rich person and his waiting until bitcoin price gets to $100k in order for him to become one of the richest person in the world.
Title: Re: Maybe Satoshi created the greatest prize competition Post by: ||bit on June 05, 2019, 06:34:35 PM in 2010 they were talking about lost coins and satoshi said Quote Think of it as a donation to everyone. https://bitcointalk.org/index.php?topic=198.0If you delete a part of the sentence, it is causing another thing. In reality, he said this: "Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone." So in reality, lost coins mean less circulating supply, because total market cap would be the same, that means more value to all btc holders which means a donation to everyone. Not a prize competition or something like that. Title: Re: Maybe Satoshi created the greatest prize competition Post by: Kakmakr on June 05, 2019, 08:55:27 PM The greatest prize will go to the people who can hoard the longest and who can resist to sell, when other traders around him, starts to run into walls and cry out loud like men on drugs. ::)
We have surfed Bitcoin volatility like Kings and we had 800% profits during 2017 and all of that came as a result of ignoring fud and panic stages in the Bitcoin cycle. Make sure you read and monitor the flow of the market to execute a perfect strike and you will win the grand prize. 8) Title: Re: Maybe Satoshi created the greatest prize competition Post by: rdbase on June 05, 2019, 09:00:59 PM He is or was the greatest cryptographer to ever exist to be able to create the thing such as the blockchain which has stood the test of 10 years of attacks and people trying to break the chains. ;)
I think he would of put something in there and a way to unlock the prize at the end of the journey for the right person. Title: Re: Maybe Satoshi created the greatest prize competition Post by: CARrency on June 05, 2019, 09:08:36 PM Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. We don't know unless people that are now doing that can prove that it can be done. in 2010 they were talking about lost coins and satoshi said Quote Think of it as a donation to everyone. https://bitcointalk.org/index.php?topic=198.0I don't think he meant it like that. Remember that the price of Bitcoin follows the law of demand and supply? When the supply is smaller while the demand is high, that means it will be having a good price and I think that is what he said back then. Title: Re: Maybe Satoshi created the greatest prize competition Post by: ene1980 on June 05, 2019, 10:13:22 PM in 2010 they were talking about lost coins and satoshi said The real meaning behind it would be that the lost coins will reduce the total number of coins available in the market and with very less coins in the market the demand increases and thereby the price, it is during the initial phase when it has no valuation and even Satoshi might not have expected the market to reach a billion valuation in a very short period of time and if he had those ideas i am sure the genesis coins will not be stuck like that. ;)Quote Think of it as a donation to everyone. Title: Re: Maybe Satoshi created the greatest prize competition Post by: wm59414 on June 06, 2019, 05:18:52 AM We're all just players like in "Ready Player One" all along.
Title: Re: Maybe Satoshi created the greatest prize competition Post by: satoquotes on June 06, 2019, 02:01:06 PM in 2010 they were talking about lost coins and satoshi said The real meaning behind it would be that the lost coins will reduce the total number of coins available in the market and with very less coins in the market the demand increases and thereby the price, it is during the initial phase when it has no valuation and even Satoshi might not have expected the market to reach a billion valuation in a very short period of time and if he had those ideas i am sure the genesis coins will not be stuck like that. ;)Quote Think of it as a donation to everyone. Satoshi thought quantum will never exist? Quote I think it's fair to say that Bitcoin as it exists today is not quantum secure, period. Pieter Wuille https://twitter.com/jb55/status/1133533068197675010 Title: Re: Maybe Satoshi created the greatest prize competition Post by: satoquotes on June 21, 2019, 04:00:04 PM Satoshi Nakamoto Apparent Author of Two Upcoming Books on Amazon
https://bitcointalk.org/index.php?topic=5156928.0 As a special bonus, the book also includes intriguing clues about a cache of priceless Bitcoin treasure which Nakamoto is rumored to have "buried" online. https://www.booksamillion.com/p/Official-Bitcoin-Coloring-Book/Satoshi-Nakamoto/9781945652011 Title: Re: Maybe Satoshi created the greatest prize competition Post by: omonuyak on June 21, 2019, 08:44:50 PM He may have kept those coin for his future generations and children unborn and the only people that may have the privatekeys maybe member of his immediate family. It is also very clear that no one has break into those wallets and that is a sign of his supremacy over those that researching on blockchain technology.
Title: Re: Maybe Satoshi created the greatest prize competition Post by: NotoriousHodler on June 21, 2019, 08:59:43 PM Competition? And how to participate?
Title: Re: Maybe Satoshi created the greatest prize competition Post by: imunk on June 23, 2019, 12:51:21 AM Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. Where you got that information ? I think Satoshi didn't make any competition that gave greatest prize but the about the private key can you elaborate more, and what source information you got from, sorry I got curious after reading you threadsTitle: Re: Maybe Satoshi created the greatest prize competition Post by: PrimeBitExchange on June 25, 2019, 08:38:54 AM Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. Where you got that information ? I think Satoshi didn't make any competition that gave greatest prize but the about the private key can you elaborate more, and what source information you got from, sorry I got curious after reading you threadsI guess it's just like a competition without any particular end. The higher the price the better but there's no end for it. At least I hope so Title: Re: Maybe Satoshi created the greatest prize competition Post by: threadsupport on June 25, 2019, 03:50:05 PM globaltreasure:
Quote and the privatekeys are somehow within the blockchain TheArchaeologist: Quote And I found a total of a whooping 148 addresses where an existing BTC-address was used as the passphrase for another one. My findings: Code: Used as Passphrase: Resulting used address: Title: Re: Maybe Satoshi created the greatest prize competition Post by: almightyruler on August 05, 2019, 03:03:33 PM No one knows exactly why Satoshi kept those coins stuck on that address but there's surely a reason for that. It could be because he wanted people to try and find the mistery behind this or it could be because he just wanted to let the funds there forever so that everyone will remember that address as Satoshi's address. Or maybe Satoshi is already a very rich person and his waiting until bitcoin price gets to $100k in order for him to become one of the richest person in the world. My take on this: being very cautious about his privacy, he waited until there was sufficient diversity of miners creating new blocks, and then only moved funds from those later blocks. That way, he's just another tree in an ever-changing forest. Imagine the uproar there would be if one of the oldest never-spent (ie early coinbase) outputs was moved now. Title: Re: Maybe Satoshi created the greatest prize competition Post by: qubitasic on August 06, 2019, 03:53:05 PM No one knows exactly why Satoshi kept those coins stuck on that address but there's surely a reason for that. It could be because he wanted people to try and find the mistery behind this or it could be because he just wanted to let the funds there forever so that everyone will remember that address as Satoshi's address. Or maybe Satoshi is already a very rich person and his waiting until bitcoin price gets to $100k in order for him to become one of the richest person in the world. My take on this: being very cautious about his privacy, he waited until there was sufficient diversity of miners creating new blocks, and then only moved funds from those later blocks. That way, he's just another tree in an ever-changing forest. Imagine the uproar there would be if one of the oldest never-spent (ie early coinbase) outputs was moved now. They will be moved and that is the most challenging thing. https://bitcointalk.org/index.php?topic=5166180.0 Title: Re: Maybe Satoshi created the greatest prize competition Post by: satoquotes on October 08, 2019, 03:57:08 PM And about his Hard drive? The privatekeys are somehow within the blockchain. So you don't need a hard drive or another storage. As long as the blockchain exists you have access to the keys. It is, but, you need to know it in order to access you wallet address if you are accessing your wallet on another device. Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. Our guess is that he knew that the early mined coins will be moved one day. So he created a 'prize competition'. Otherwise he could move the coins to quantum resistant P2PKH addresses, but he did not and is not doing. The only question is: Who will win the race and get the early coins? Quantum computing or solving the "Satoshi Prize Competition". Nobody can stop that race. Title: Re: Maybe Satoshi created the greatest prize competition Post by: satoshyknew on October 15, 2019, 02:40:32 PM Satoshi knew that one day quantum computers will exist and will be able to move the early mined coins (P2PK) and created an unofficial prize competition to accelerate the development.
Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain. Our guess is that he knew that the early mined coins will be moved one day. So he created a 'prize competition'. Otherwise he could move the coins to quantum resistant P2PKH addresses, but he did not and is not doing. The only question is: Who will win the race and get the early coins? Quantum computing or solving the "Satoshi Prize Competition". Nobody can stop that race. Nobody is asking why he is not moving the early mined unmoved P2PK coins: These early mined unmoved P2PK coins are intented for an unofficial prize competition https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/ https://bitcointalk.org/index.php?topic=175996.0 But he had other computers to mine and his own coins are unknown (P2PKH or P2PK not included in the above mentioned coins) Title: Re: Maybe Satoshi created the greatest prize competition Post by: satoshyknew on October 16, 2019, 02:48:03 PM * 100% sure that it is a prize competition * 100% sure that you can solve it only with the blockchain * still trying to solve it * one day someone will solve it Sergio says that the slope in the picture (This is Satoshi) https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/ is caused by restarting the application to mine (wallet) but it is possible that each 'black branch' represents one solution. That would avoid that only one winner gets the whole coins. Title: Re: Maybe Satoshi created the greatest prize competition Post by: hundredpercent on October 17, 2019, 02:21:08 PM December 2015 a Bitcointalk member discovered a puzzle transaction while playing around with his bot:
https://bitcointalk.org/index.php?topic=1306983.msg13381244#msg13381244 At that time nobody declared such a puzzle transaction which was created January 2015 until the creator of that competition came out 2 years later: https://bitcointalk.org/index.php?topic=1306983.msg18765941#msg18765941 As of 01/10/2019 there are still more than 100 BTC to win. https://bitcointalk.org/index.php?topic=5166284.0 We think that the early mined coins of Satoshi are also a prize competition and that Satoshi is waiting this coins to be moved. We also think that he will not respond after somebody moves the first coins but it will be a message to the Bitcoin community that the private keys are somehow on the blockchain. If Satoshi disagreed with that conclusion he would have moved the coins to other addresses. Title: Re: Maybe Satoshi created the greatest prize competition Post by: almightyruler on October 17, 2019, 02:57:45 PM We think that the early mined coins of Satoshi are also a prize competition and that Satoshi is waiting this coins to be moved. We also think that he will not respond after somebody moves the first coins but it will be a message to the Bitcoin community that the private keys are somehow on the blockchain. If Satoshi disagreed with that conclusion he would have moved the coins to other addresses. Interesting hypothesis, but these could have also happened... - He lost the keys (James Caan doesn't know how to do backups) - He became incapacitated in some way, and family/friends didn't know he was Satoshi, or how to recover the funds - He saw how big Bitcoin's economy had become, and chose to destroy (or put on ice) his private keys, knowing that if the early blocks move it could crash the economy Title: Re: Maybe Satoshi created the greatest prize competition Post by: hundredpercent on October 17, 2019, 03:37:05 PM Yes, almightyruler, anything could have happened. And Satoshi knew that all. He tested all the blockchain with many computers before releasing the applications. He knew what can happen.
Gavin Andresen started a project to give away free Bitcoins https://freebitcoins.appspot.com/ (no more working) and Satoshi wrote June 2010: Excellent choice of a first project, nice work. I had planned to do this exact thing if someone else didn't do it https://bitcointalk.org/index.php?topic=183.msg1620#msg1620 He waited but thought that someone else will do it. We think that he is waiting that someone moves the early mined coins to show to the Bitcoin community that it's a prize competition and that the private keys are somehow on the blockchain. Title: Re: Maybe Satoshi created the greatest prize competition Post by: hundredpercent on October 18, 2019, 04:07:31 PM Satoshi wrote:
SHA-256 is very strong. It's not like the incremental step from MD5 to SHA1. It can last several decades unless there's some massive breakthrough attack. But he did not transfer the early mined coins to SHA-256/RIPEMD addresses. It would change the structure of the prize competition. * 100% sure that it is a prize competition * 100% sure that you can solve it only with the blockchain * still trying to solve it * one day someone will solve it Title: Re: Maybe Satoshi created the greatest prize competition Post by: DaCryptoRaccoon on October 26, 2019, 02:20:18 PM We think that the early mined coins of Satoshi are also a prize competition and that Satoshi is waiting this coins to be moved. We also think that he will not respond after somebody moves the first coins but it will be a message to the Bitcoin community that the private keys are somehow on the blockchain. If Satoshi disagreed with that conclusion he would have moved the coins to other addresses. Interesting hypothesis, but these could have also happened... - He lost the keys (James Caan doesn't know how to do backups) - He became incapacitated in some way, and family/friends didn't know he was Satoshi, or how to recover the funds - He saw how big Bitcoin's economy had become, and chose to destroy (or put on ice) his private keys, knowing that if the early blocks move it could crash the economy I still think the keys are out there. We're just looking in the wrong places. I have done LOT of research into this and I do believe there is another project that is linked to bitcoin in more ways than one that may hold the answer to this question. To seek the truth one must think outside the "blox" :) pardon the pun. I do think that there are keys out there to be found I highlty doubt the person behind the satoshi name was a greedy or self centered individual I would put money on it there is a cryptographic puzzle out there related to numbers, Images, and the blockchain. The question is who will solve it? 1 un 2 deux 3 trois 4 quatre 5 cinq 6 six 7 sept 8 huit 9 neuf 10 dix Title: Re: Maybe Satoshi created the greatest prize competition Post by: satoshyknew on October 28, 2019, 02:35:50 PM Hi, All below addresses were emptied this year. Most of them in Sept. 2019. Around 2982 BTC in 21 addresses. All addresses were first used in 2011, and dormant until now. BCH is still there except 1 address. No spending transactions on them so the public key was not known. The owner he suddenly remembered after 8 years that he had some BTC? 12CpK8apTJfaMSiPYhGMDdaRRFYoS721Px 13GUJutC6GKgJQTcGzCtznDDYFQKVJFVwp 13Sa73PU9Ar5sE4SdFcBdbg9ntbNcMQhaA 14k4GhqA1svNZPbssdAjgdnfzWTpAigZVH 14nppk7sMVv91n1Nch6DQKaFto3wVmh8yT 16KVwFVDfU3DKrvnGGSM7hsGp3MnvHczuB 17tXBRCQzQz87zYetp3wwJRms4fcWN4a8v 18ws2qaW2xBRWGCmfjnDiDHa55A5iSJogP 18xEu7DB8u58ivNa3VwEFeEc4ZbjtMVtPD 19w2MURRz5LsjNHCckmp65YX4WCc7kJdJF 1APGxVLKXhXepeaAjV6z3s4d7xCYXXDwmj 1Aw7mXtLMDjTBNcaqjv6cT935BEQQr5vRF 1B3m4F831f9u6ySnpYbUwgriJAgS3tuso5 1BpqxJp2LEban4mJou5rDHYmzA9eTwKbXY 1CbvcQXEYrqXqbBczHL8to3xeVZ3EsgrhH 1DKwr32h5F6uuUmePdT7esZ21AfK7ovASK 1FRtwC64bWcMb7RGBcwLJTup6tYrCMs9ge 1HQT2UZEK4i3yHnYbVTaXNccgnM45th94f 1MtUY5R3xixWfthqrprVPWMMTwR5A7GU2x 1nYrmtXVjX9G3Q86tdKcKQRCq2MPVvNp9 What are your opinions? Maybe someone solved a puzzle. Re: Bitcoin treasure https://bitcointalk.org/index.php?topic=5146858.0 1W7yh46qNUqw3RhyWzRVHjuJnHWpQqy7W 13AJqcp7GJRmAEePJqZHJCZLsXPSZuPzn9 13DCZ3sj6gVFVymdTd1mjz3BZZ5g1CQgbr 15JiPJoFoqoBTMcGDWahv5CjxYgdt1msDM 16kG6iyB3oGchcxXJccjjSmtdqBeRsDgio 17RsqLeP4XVT95htFoT9iWu7C4vAZw2FoW 19g8gf31otseCiYcdXPBh2qGEjrpEpqaoe 1A1hm4i1NbGLDFjp6sRMC6NoxZdQeSfD36 1BNVEnRmCbdP5QbuPySTHkznoSMMnkbvG6 1CFjxrYr8PkZoLgnHoAy1pRvg1WwvhuPVL 1DJfq3Nw1xjrrBVHGT3V1ZGxPBHVnJfivC 1EYyYeWSKGriPUK8juC9ubDQzKQUEpJfe7 1GTEootnGUPVw1M77QAQgm32iV7vq2aKJL 1GsaJu5LxJWKJumfiYmmJx28czQ11fXaeK 1Hcbg5k8kbmzcih3Xbzob9RhDZ3QcyfY3i 1JugDKUGpcKztsEfJroMESH92VA134sLSL 1L8YfeDDdY12mcM8j7XmoXGNsv5a8JoMVh 1Li8RFUotXHJPNazCM8HAfnkxKcrKXXpiH 1N1rBm39bTiLyXnW7jkQxxnfBmHC4SZdMV 1NUoeQnBB9QeAigU4r8iApsd4b4iiRpN6V Title: Re: Maybe Satoshi created the greatest prize competition Post by: satoshyknew on November 29, 2019, 04:41:53 PM Satoshi knew all this. He has been testing Bitcoin for two years before we could use it. How long have you been working on this design Satoshi? It seems very well thought out, not the kind of thing you just sit down and code up without doing a lot of brainstorming and discussion on it first. Everyone has the obvious questions looking for holes in it but it is holding up well :) Since 2007. At some point I became convinced there was a way to do this without any trust required at all and couldn't resist to keep thinking about it. Much more of the work was designing than coding.Fortunately, so far all the issues raised have been things I previously considered and planned for. He knew that a HDD can fail, and all other forms of privatekey storage can be useless for some reason. That is why he put the privatekeys of his early mined coins somehow into the blockchain. All these coins are P2PK addresses and he did not transfer them to P2PKH addresses although they are more secure. (quantum resistant) SHA256 is not going to be broken by Moore's law computational improvements in our lifetimes. Nobody is asking why he did not move and is not moving these early mined unmoved P2PK coins: https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/ https://bitcointalk.org/index.php?topic=175996.0 Our guess is that he knew that the early mined coins will be moved one day. So he created a 'prize competition'. Otherwise he could move the coins to quantum resistant P2PKH addresses, but he did not and is not doing. Indeed, there are people out there, who are trying to solve this and hopefully someone will be able to move the first coins. Open letter/question to Satoshi https://bitcointalk.org/index.php?topic=5159185.0;all Maybe Satoshi created the greatest prize competition https://bitcointalk.org/index.php?topic=5150688.0 December 2015 a Bitcointalk member discovered a puzzle transaction while playing around with his bot: https://bitcointalk.org/index.php?topic=1306983.msg13381244#msg13381244 At that time nobody declared such a puzzle transaction which was created January 2015 until the creator of that competition came out 2 years later: https://bitcointalk.org/index.php?topic=1306983.msg18765941#msg18765941 As of 01/10/2019 there are still more than 100 BTC to win. https://bitcointalk.org/index.php?topic=5166284.0 We think that the early mined coins of Satoshi are also a prize competition and that Satoshi is waiting this coins to be moved. We also think that he will not respond after somebody moves the first coins but it will be a message to the Bitcoin community that the private keys are somehow on the blockchain. If Satoshi disagreed with that conclusion he would have moved the coins to other addresses. Satoshi could move some of these coins and and show how the privatekeys were implemented into the blockchain. This is the only possibility to prove that he is the real Satoshi as nobody else could know it. Even if someone else finds a privatekey (or a bunch of eg 10 privatekeys) of these coins, this person can't show another one. But the real Satoshi can, as he knows for all these coins the solution. But he will not, he is waiting that someone finds it and moves the first coins, others will follow. One day these posts will become very valuable. They are like Bitcoin in 2009. |