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22921  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 11, 2015, 02:44:16 AM
So do the supercomputers exist or not?

This is what I'm most interested in.

I guess it had to be proven of its existence otherwise I don't see how it could've been ranked 15/17/? out of 500.

he just works at a data centre.. big deal.. give it two weeks and he will be working at the prison kitchen.. both of which have no relevance to bitcoin
22922  Bitcoin / Hardware wallets / Re: [Hands On] KeepKey Hardware Wallet - Notlist3d on: December 11, 2015, 02:15:32 AM
problem
chrome extension
hacker makes a extension that looks the same but says "error on device, please type in backup seed to restore device"

... and then your coins are gone..

trezor/keepkey still havnt solved this very easy exploit
22923  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 11, 2015, 12:20:01 AM
Hey guys, if almost nobody believes Craig is satoshi, why the bitcoin price is still at its price (around 412 USD)? Shouldn't the price start to fall as the lie started to unravel?

LOL that makes no sense, just no sense at all. What you claim is that the price fall when it was at 1100 because nodbody knew the real Satoshi?
For me the real satoshi is hiding and probably for a good reason. We have to trust him on that. Let him be.

No, what I meant was this:

If the price went up after the "suposedly-satoshi" discovery, why isn't it falling now that almost everybody realized it was a scamm?


the price rise was not because of "Wright AKA satoshi"

it was because day-traders seen the word "bitcoin" plastered on many media outlets..
simply, any news mentioning the word 'bitcoin' is good news and free publicity. doesnt matter what the story is.. if the headline says bitcoin, day traders will see this as an oncoming storm of new bitcoin users, even if Wright is found a fraud. the word "bitcoin" will continue to hit the headlines for a while, whilst media keep talking.. thus more people will see the word bitcoin even if the story is changing from "he is" to "he isnt".. day traders wont care about the he is or isnt, just the word bitcoin being in the press for a couple weeks+
22924  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 11, 2015, 12:15:56 AM
my theory

Wright learned about bitcoin in 2010-2011 not knowing much. he wanted to find a way to make some assets appear.. to use as collateral
without having private keys. he noted down all the PUBLIC keys that still had 50btc in them from [other people] in 2009. because he knew they wont move. so it will give him a couple years grace before anyone questions him

he then got his friend to draw up a trust contract and said that these public addresses belonged to him and he was 'satoshi' allowing his friend to see the public addresses and see they did infact hold coins.(unspendable by wright as they are only public keys anyone can grab, not the privkeys)

now Wright used this trust, which has been 'noted' to hold 1million coins , and used it as collateral to get alot of real money loans.

scamming many corporate and government agencies by not proving he was satoshi by signing a message using any of these addresses, not using a valid pgp key known to only the real satoshi.. but by just emulating an email address to use as a 'proof' that the tulip trust was legit
....
maybe we should all do that. grab some public addresses of funds we know havnt/cant move.. pretend that we own them and create a $400 million fake trust to use as collateral to get $50mill+ of real money
22925  Bitcoin / Development & Technical Discussion / Re: Segregated witness - The solution to Scalability (short term)? on: December 10, 2015, 01:26:30 PM
ok
full nodes (the real bitcoin-core) that mining POOL operators and true bitcoin fanboys will keep needing to store both tx data and signatures..
thus to them changing Block=1mb into blockA=0.25mb blockB=0.75mb makes no difference. its still 1mb bloat per blocktime..
thus to them changing Block=4mb into blockA=1mb blockB=3mb makes no difference. its still 4mb bloat per blocktime..
you can paint certain data any colour.. it doesnt make it invisible to full nodes
you can put certain data into different drawers.. it doesnt make the cabinet any lighter

secondly miners (not pool operators) dont need the full blockchain.. unscrew a mining rig and you will see no 60gb hard drive.. so yea miners do not care, they know how to grab what they need to do the job, and how the data is saved means nothing to them..

thirdly lite users. can easily code a liteclient right now(without protocol changes) that can read the blockchain and simply not save the signature part of the json data to file so they dont even need anything new to do this right now.. and in actual fact anyone wanting to not download bitcoin core. definitely aint going to want to have 20gb of lite segwit blockchain either... its an "all or nothing" game.. not something in the middle.

all i can see is that talking to a 5 year old
kid(lite):"mum theres pea's(sig) on my plate i just want the meat(tx), i dont want the pea's(sig)"
mom(full node):"ok here is a bigger plate. let me put everything on it.. and now move the pea's to the side. now shut up and grab your meat in your lite hands and ignore the pea's"
kid:"mom there is still pea's on the plate, every day you are still going to cook(store both) meat and pea's and all you are doing is putting it on a bigger plate, telling me i can just take the meat. your not helping yourself because your still making pea's. yea i know i will never eat(store) pea's, but you know you cant take the pea's off the plate because all the other moms will tell you its not a healthy(verified) meal. yes i can just grab the meat and eat it from my light hands separately but i could have done that anyway... but just putting it on a bigger plate means nothing.. if you think it means you can now cook 10x more meat you have to realise that you still end up cooking more pea's aswell.. if there is more meat theres more peas, simple fact.. you have not solved never needing moms to cook pea's nor have you solved me not needing to grab the meat off the main plate as i could always do it, even if you tell me that its on 2 plates and i only see the plate with the meat on it you have still cooked meat and pea's"


so segwit WILL NOT resolve scaling.. because upping the limit is just the standard thing to do and not special feature segwit is offering. the meat and pea ratio will still be there mining still will produce meat and pea's databloat for true nodes. you just increasing the meat and pea's which is no different than just making a larger limit..

using gavins example
Quote
Well, once all the details are worked out, and the soft or hard fork is past, and a significant fraction of transactions are spending segregated witness-locked outputs… more transactions will fit into the 1 megabyte hard limit. For example, the simplest possible one-input, one-output segregated witness transaction would be about 90 bytes of transaction data plus 80 or so bytes of signature– only those 90 bytes need to squeeze into the one megabyte block, instead of 170 bytes. More complicated multi-signature transactions save even more. So once everybody has moved their coins to segregated witness-locked outputs and all transactions are using segregated witness, two or three times as many transactions would squeeze into the one megabyte block limit.
wrong

bitcoin-core users will still have 170bytes per tx.. whether you want to colour 90byte green and colour 80byte red, its still 170byte saved to full nodes hard drives
trying to con people into thinking that making a plate 4 times bigger and saying oh look you can fit 8x more green bytes.. is just wrong.. full node blocks will still be the same 170byte total all that is happening is splitting the chain into two and branding the green chain as "bitcoin" and the red chain as "please dont look"
but full nodes will still be holding both chains and thus the total data a full node stores is still 170bytes on a basic tx...

so take a 2014 simple tx of 170bytes. thats 5882 tx a block
so just up the block limit to 4mb. 23529 tx a block

now seg wit
simple tx of A=90 B=80 full node storage is still 170byte = 23529 tx per 4mg block. but segwit lite clients storage is 2.117mb for 23529 tx segwit block

lite clients could have 90byte per tx. but their chain is not the real chain and wont help the network security nor will it help lite users that dont want any bloat
lite clients wont be part of the network security and so this is not a solution to help real network supporting users (bitcoin core), its not helping lite users either

lite clients can already have 90byte just by looking at a full tx and ignoring the json strings they dont need when saving files.
ive been doing it for years now. as my lite client only grabs tx data of addresses the client holds. and just saves the txid's, vins vout's and values.. lite clients wont want to store 20gb of useless history that doesnt help the network.. they either want full history to protect the network which they can verify, or just data that applies to them specifically to sing transaction, which is far far less than 20gb

having 20gb of non secure tx data is not a lite client. its a medium weight client. which to be honest ill say it again. anyone can make their own medium weight client right now. only saving part of the json data to file without doing anything special to bitcoins protocol.

so now onto the malleability..
once tx is confirmed.. its locked into history.. and then when segwit grabs just a portion of the block data.. ofcourse is malle proof.. BECAUSE ITS ALREADY CONFIRMED!
which is the same as anyone grabbing tx data on confirmed transactions has the same malle proof,..
now onto bandwidth
segwit lite clients will not just relay 90byte of unconfirmed tx's, as mining pools need the whole thing and each relay needs to check it.. so segwit will still transmit full 170bytes. full nodes will still store/transmit 170bytes too, and thus its not helping bandwidth of the network.

anyone right now can create a client that only grabs txid, vins vouts and values of relevant addresses of a user.. right now without any soft or hard forks..
i still cant see why people think segwit is so special..

summary
i still cannot rationalise why bitcoin-core needs to split the blockchain. just for useless lite clients..who are not going to help the network.. nor want any bloat
lite clients can more effectively grab the json data, put the json strings into individual variables.. and then just not save the signature variable to file..
this to me seems like a dysfunctional attempt at a solution
far easier to just keep the chain as 1 chain. and just put code in to raise limit to 4mb and solve the malleability by having code that ignores relayed tx variant if same vin has already been relayed by another tx saved in mempool, thus stopping people using the same vin until its confirmed(goodbye doublespend)
22926  Bitcoin / Bitcoin Discussion / Re: What the Return of Satoshi (aka Craig Wright) really means? on: December 09, 2015, 08:30:49 PM
imagining {random name} was satoshi and he has been poking at scaling bitcoin behind the scenes for years. and is about to write some white papers.. this could happen:

1. he has a scaling solution submits it to github like any other random person and if it works we then get v0.12 because the github dev team like it.
2. he grabs the code from github himself. removes any parts he dont like. adds the bits he does and releases it separately as the formal name of bitcoinqt v0.12
then the consensus game begins.. do people swap over to the new qt or stay with core..
3. he says scaling wont happen to the extent of visa's tps and people got to get use to certain area's having their own chains and people need to currency trade to hop onto which ever chain they need to transact at a certain area (eg altcoin per country/state/province)
4. he admits he is satoshi and withdraws the limited privkeys he still has (far less than 1m.. but enough to make an impact) and crashes the market
22927  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 09, 2015, 08:05:31 PM

Second, do you have another explanation for this visible evidence that one nonce series results in a stash of 980,000 BTC?


yea
Quote
The nonce was initialized to 1 in Bitcoin 0.1.0 and incremented monotonously:

tmp.block.nNonce         = pblock->nNonce         = 1;

[...]

if ((++tmp.block.nNonce & 0x3ffff) == 0)


as shown in block 12 that has same initial sequence but started later thus having a lower number. meaning both people started with the same nonce but the second person was behind due to starting later
it wasnt until an update that people began using their own random nonces. yet some noobs could have used the original v0.1 code and thus were using same initial sequence

22928  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 09, 2015, 07:10:57 PM

Your logic works only if you can safely assume that one did not have significantly more hash power than others. Rational speculation, but inconclusive as a proof.

Quote
until december 2009 hash power wasnt a big deal as difficulty was meaningless. and it wasnt until someone else made CG miner to utilise GPU power did the game really change. and satoshi was then behind the curb by then.
i remember in december he actually requested a halt on the hash arms race because he liked it that everyone was on an equal par by just cpu mining
22929  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 09, 2015, 06:54:03 PM
i remember you saying you can tell alot from the nonce. if you mean lack of difficulty to imply that there was only 1 miner for the majority of 2009. well that wont work because "difficulty" was only implemented in version 0.2 on december 16th and the first jump happened december 30th 2009. so before december 16th many people could mine at the same rate without any speedbumps ...which many did.

Browse through Sergio's blog. He has lots of great details into Satoshi's mining.

https://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/

Really informative, cheers for the link, would be really cool if this guy was Satoshi and in revealing himself watching the effect it would have upon Bitcoin. Maybe he will be here with a savior solution for all this block size drama. One can hope Smiley

all that link shows is even at block 12 (2 hours after launch) satoshi wasn't alone.. yet the guy in the article still gave it a black dot..

also hal finney joins in at block 70+ so thats like 12 hours after launch.. making 3 people mining bitcoin on day one..
22930  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 09, 2015, 05:34:41 PM
Why don't the admins look up the IP of satoshi and locate where he did login from, then U know where the real bitcoin developer came from.

they did.. result=tor node
22931  Bitcoin / Bitcoin Discussion / Re: Bitcoin explained on Computerphile on: December 09, 2015, 05:27:35 PM
https://www.youtube.com/watch?v=JyxRH18YlpA

The assessment of how profitable mining is might be wrong though. I cant judge that.

not sure i can trust a guy that has 3 books titled:
the deception planner
secret power
al qaeda

also how he said after the reward halving $1 mining wil only return $1 reward..

noooo.. the value of bitcoin will double($400->$800) so miners will still still get profit

also he said 1990's internet was suppose to be about video content and now its about pictures of cats..
no
1990's was about pictures of p*ssy (i mean porn, not animal).. and now its video streaming (youtube/netflix/ HD quality porn/skype)
22932  Bitcoin / Bitcoin Discussion / Re: Bitcoin as your only payment option on: December 09, 2015, 04:57:03 PM
Has anyone been in a position where bitcoin was the only possible way for you to pay for something (or would have been if it was a payment option)?

For instance, trying to shop online outside of your country, or buy airline tickets, your card is rejected or doesn't work, and bitcoin would be the only feasible alternative...

I had this recently while traveling in South Africa, ran out of data on a Sunday, phone shop was closed but managed to use a local wallet to top up my data plan in about 5 seconds...

i travelled abroad and didnt want to touch my native fiat in a foreign currency as the banks wanted to charge a huge fee. bitcoin was useful then.

i know this is a negative story, but many people get hit by the cryptolock scam software and the only payment method is bitcoin, so it was useful for them too
another negative story, ... silk road.. need not say more about them druggies
22933  Bitcoin / Bitcoin Discussion / Re: Who Satoshi Nakamoto really is? on: December 09, 2015, 04:54:05 PM
please lock this thread and just comment in the other 10 threads currently active talking about the same thing
22934  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 09, 2015, 04:40:42 PM
problem:...
problem: ...
problem: ...
problem: ...
problem:...
problem: ...

I agree that there is much to look at before jumping to a conclusion.

But I want to ask you again about your claim upthread that it is impossible that Satoshi accumulated anywhere near a million BTC. Unless I missed it, you've skipped over the request to explain why you believe this to be so.
sorry didnt have time spending hours redoing old research i just used my memory of the highlights i picked up. im sure google has the answers
but from what i remember, (forgive my memory for lack of detail)
logically for satoshi to accumilate 1mill in 2 years. there would have to be only 5 people mining right up to january 2011 because only 5mill were mined by then
(simple division)
but even before winter 2009 there were about 10 people.. i can only recall hal, satoshi, sirius, theymos and some libertyexchange thing. cant remember the other names.
by january 2010 there were way more people, thanks to theymos many dozons of people were mining. so just logically the numbers dont add up to allow satoshi to have 1mill coins.

then the next point. satoshi was playing with new wallet.dat implementations. along with the fact that if you copied a wallet.dat and then later received 100 tx's... the active wallet.dat would have different addresses added to it thanks to the address pool and copying the backup back would lose addresses.
i remember he updated 0.3 to fix some wallet issues because addresses/coins were being lost. so the only way to have not lost any would have been to manually write down all the privkeys since day one prior to some of the bug fixes, to ensure he never lost a single coin..

i remember you saying you can tell alot from the nonce. if you mean lack of difficulty to imply that there was only 1 miner for the majority of 2009. well that wont work because "difficulty" was only implemented in version 0.2 on december 16th and the first jump happened december 30th 2009. so before december 16th many people could mine at the same rate without any speedbumps ...which many did.
22935  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 09, 2015, 02:11:16 PM
- snip -
wants to build a Bitcoin bank to store private keys, does that sound like the creator of Bitcoin?

Good question.  Lets take a look at what Satoshi wrote and see, shall we?

- snip -
You create an account on a website and hold your bitcoins on account there and transfer in and out.  Creating an account on a website is a lot easier than installing and learning to use software, and a more familiar way of doing it for most people.  The only disadvantage is that you have to trust the site, but that's fine for pocket change amounts for micropayments and misc expenses.  It's an easy way to get started and if you get larger amounts then you can upgrade to the actual bitcoin software.

(bold emphasis added by me)

what satoshi was talking about was online wallets. which became blockchain.info/wallet..

what Mr Wright proposes is BANKING where he gets to play around with your funds to his hearts content. eg trendon shavers BTCS&T
22936  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 09, 2015, 12:06:17 PM
First i was really convinced that Dr. Wright was Satoshi Nakamoto but now i am sure that he is not. Satoshi Nakamoto must be Batman and not James Bond Tongue

nah
Wright wants to be bruce wayne. billionaire egotistical business man with a secret 'symbol' for people to look upto called batman(satoshi)
even james bond is suave and egotistic

the issue is that satoshi never seemed like a egotistic brucewayne/batman persona.
if anything he was clark kent/superman, (low key average geek in real life)

22937  Bitcoin / Bitcoin Discussion / Re: Theory: Which other cryptocurrency would people choose if Bitcoin would fail? on: December 09, 2015, 10:53:19 AM
seems 99% would jump ship.. not even giving the dev's 24 hours to patch bitcoin..
..
i find that quite sad to see that no one knows that bitcoin can be patched, and instead people fear any bugs enough to run off immediately.

the issue with running off to litecoin and doge. is that you have to rely on coinbase/bitpay/localbitcoins, etc all following sit and choosing the same coin.

id much rather wait for a bitcoin update and go back to business as usual
22938  Bitcoin / Bitcoin Discussion / Re: Would you use a bitcoin concierge, willing to buy & deliver you anything? on: December 09, 2015, 10:36:06 AM
I'm in where are you located?!

I could cover all of London and greater London too if I got some buddies to join me. Do you think it would be useful to people?

getting a weekly groceries from tesco's/asda/morrisons would be really useful.
edit
to save you time lugging around peoples shopping.. you could also put funds onto retail gift cards and sell them for bitcoin. that way people can order groceries themselves without you needing to do the hard work
22939  Bitcoin / Bitcoin Discussion / Re: Would you use a bitcoin concierge, willing to buy & deliver you anything? on: December 09, 2015, 10:32:26 AM
Been thinking of doing this in my local city for a while now.

- A concierge service that exclusively accepts bitcoin to get and deliver goods directly to you. Legal goods of course!

Do you like it? Would you use it?

trust is an issue. so as long as you are using it as a local service in your town. and the people in your town know where you live to sue you if you trn out to be a theif then great..

however if you want your personal life separate from your business life. you could simply ask people to sign a message using an address that has funds.. that way you know they can afford the goods (much like retailers balance check peoples debit cards/cheques. but funds dont move for a few days).

and then do payment on delivery. where they pay you at the door step before you hand over the goods.

escrows are another thing, look into localbitcoin as your mechanism for transfer
22940  Bitcoin / Bitcoin Discussion / Re: Police target the man identified as 'Bitcoin creator' on: December 09, 2015, 10:15:29 AM
delete this topic and just post your comments in the other 10 threads on the same topic..
now this just creating spam
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