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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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BitCoinDream
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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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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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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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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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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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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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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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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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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.
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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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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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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.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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cbeast
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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
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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gweedo
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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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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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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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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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cesckat
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Verba volant, bits persist.
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November 30, 2014, 11:49:12 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 yes! Bitcoin would be convenient for people who don't have a credit card or don't want to use the cards they have, either don't want the spouse to see it on the bill or don't trust giving their number to "porn guys", or afraid of recurring billing.
I think that I'm going to be one afternoon reading all the satoshi comments
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HODL!
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xDan
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November 30, 2014, 12:25:57 PM |
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I am God, and all mortal creatures shall bow before my greatness. pretty much my favourite Satoshi quote
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HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars. Up, up and away with my beautiful, my beautiful Bitcoin~
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cesckat
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Verba volant, bits persist.
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November 30, 2014, 02:41:48 PM |
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I am God, and all mortal creatures shall bow before my greatness. pretty much my favourite Satoshi quote This isn't real, lol. Now I want to ask something on that topic: Do you think that satoshi is just one person or it's a group of people? ah?
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HODL!
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wunkbone
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December 01, 2014, 06:17:05 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 Well a lot of people sign up for automatic billing so they don't need to be bothered with having to remember to pay every month so there are some good things with automatic billing features. Although most reputable companies will stop charging your bank account/credit card when you request them to do so (even if an agreement says that you continue to owe them money) there are some that will not do this, for example porn sites (as mentioned by satoshi)
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cryptogeeknext
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Bitcoin trolls back
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December 01, 2014, 09:24:16 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.
... Those are good ones. Should give people some idea about current state of affairs in mining. ... Now I want to ask something on that topic: Do you think that satoshi is just one person or it's a group of people? ah? Satoshi is a group... of one person There is only one of us here.
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there is an element of everything in every thing
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548845
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December 01, 2014, 09:27:17 PM |
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My favorite: "resistance is futile"
PS: He didn't say it.... yet.....
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MicroGuy
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Twitter @realmicroguy
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December 01, 2014, 10:13:41 PM |
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Probably the final thing he said on this forum before he vanished with over 1 million bitcoins he mined while controlling the lion's share of the Bitcoin network. https://bitcointalk.org/index.php?topic=2228.msg29479#msg29479"As Gavin and I have said clearly before, the software is not at all resistant to DoS attack. This is one improvement, but there are still more ways to attack than I can count."
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Chris_Sabian (OP)
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December 01, 2014, 10:28:23 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
I didn't create this thread as a form of Satoshi worship. There are plenty of things that Satoshi said/did that I don't agree with. I created this thread as a way to promote bitcoin with, hopefully, positive quotes.
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philiveyjr
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December 02, 2014, 08:08:26 AM |
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Yeah this is one of my fav's as well...n revolutionary..!!
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theblacksquid
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December 02, 2014, 08:21:02 PM |
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I like how he knew in advance that the Bitcoin economy would start out as a payment network. As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties: - boring grey in colour - not a good conductor of electricity - not particularly strong, but not ductile or easily malleable either - not useful for any practical or ornamental purpose
and one special, magical property: - can be transported over a communications channel
If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it.
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Elwar
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Viva Ut Vivas
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December 02, 2014, 08:33:00 PM |
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His last messages to Gavin... Come...
Stay..
Ouch
Ouch
I'll...be....right...here...
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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TheLittleDuke
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December 02, 2014, 08:51:36 PM |
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"All your coinbase are belong to us!"
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