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BitCoinDream
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Activity: 2324
Merit: 1204
The revolution will be digital
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November 29, 2014, 05:07:43 PM |
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This is the best in my opinion... It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.
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DannyHamilton
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Activity: 3360
Merit: 4570
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November 29, 2014, 05:21:52 PM |
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I've always liked the way this one makes it clear that consolidation in the mining industry was the plan from the beginning: I anticipate there will never be more than 100K nodes, probably less. It will reach an equilibrium where it's not worth it for more nodes to join in. The rest will be lightweight clients, which could be millions.
At equilibrium size, many nodes will be server farms with one or two network nodes that feed the rest of the farm over a LAN.
This one echos the same sentiment: The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don't generate.
But I think one of my all time favorites is: If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
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Frijj
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Activity: 66
Merit: 10
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November 29, 2014, 05:27:40 PM |
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But I think one of my all time favorites is: If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
Yeh, I like that one too. Think I saw someone had that in their signature. I haven't read much of Satoshi's writings, but I keep meaning to go though and read his old posts to get a better picture. |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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November 29, 2014, 06:03:23 PM |
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"May the Force be with you."
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teukon
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Activity: 1246
Merit: 1002
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November 29, 2014, 06:10:14 PM |
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I recall reading this back when I was just a lurker. 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. It's stuck with me ever since. |
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BitCoinDream
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Activity: 2324
Merit: 1204
The revolution will be digital
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November 29, 2014, 06:12:26 PM |
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"May the Force be with you."
AFAIK, this is from Star Wars. Where did Satoshi say it ? |
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Ragecat
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Activity: 13
Merit: 0
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November 29, 2014, 06:23:25 PM |
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"I am not Dorian Nakamoto"
Lol is only 1 i know
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teukon
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Activity: 1246
Merit: 1002
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November 29, 2014, 06:28:59 PM |
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"I am not Dorian Nakamoto"
Lol is only 1 i know
Yeah. Satoshi's not so chatty these days. |
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scarsbergholden
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November 29, 2014, 06:48:44 PM |
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I personally like the one in your signature about Bitcoin's success in 20 years (the number of transactions).
However I think that these kinds of threads and people worshiping satoshi so much that they have favorite quotes of his are bad for bitcoin in general. I don't think that satoshi wanted to be worshiped in this way. Also if his identity ever is discovered then anything he says or does could potentially affect bitcoin
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cesckat
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Activity: 71
Merit: 10
Verba volant, bits persist.
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November 29, 2014, 07:18:44 PM |
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mmmm… I agree with some of the comments: If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
One word to describe it: sublime. |
HODL!
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fabiola!
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November 29, 2014, 10:30:55 PM |
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I like the ones where he says he's not satoshi |
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redhawk979
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November 29, 2014, 11:51:06 PM |
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What about the line from the end of his whitepaper where he says this is only a proof of concept and anyone dumb enough to invest money in it deserves to lose it all?
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thejaytiesto
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Activity: 1358
Merit: 1014
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November 30, 2014, 01:11:52 AM |
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Sorry to be a wet blanket. Writing a description for (bitcoin) for general audiences is bloody hard. There’s nothing to relate it to.
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cbeast
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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November 30, 2014, 01:22:40 AM |
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What about the line from the end of his whitepaper where he says this is only a proof of concept and anyone dumb enough to invest money in it deserves to lose it all?
You made me look.  |
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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cbeast
Donator
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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November 30, 2014, 01:24:34 AM |
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The Times 03/Jan/2009 Chancellor on brink of second bailout for banks |
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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gweedo
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Activity: 1498
Merit: 1000
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November 30, 2014, 01:33:29 AM |
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But I think one of my all time favorites is: If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
My favorite! |
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BlindMayorBitcorn
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Activity: 1260
Merit: 1115
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November 30, 2014, 01:44:05 AM |
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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johnyj
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Activity: 1988
Merit: 1012
Beyond Imagination
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November 30, 2014, 01:58:51 AM |
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I don't remember exactly the words, but his opinion about "phase in" the change of block size, so that when the change comes, the majority of the nodes have already reached a consensus This approach can give the users enough time to react to a HARD FORK, which is an "extinct level" event as Jeff Garzik described it  |
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Lethn
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Activity: 1540
Merit: 1000
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November 30, 2014, 06:40:45 AM |
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lmao I quite like that one, but it's also very true about the recurring bill thing, anyone who's dealing in Bitcoin now has to politely send an invoice to you that you need to pay rather than just steal the money directly from your bank account, great news for MMORPG players and the like as well as porn downloaders |
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