Topic: Block 0 created Jan 3 2009 - 4 year anniversary (Read 1417 times)
did he start the difficulty off somewhere where it took one cpu days to find the block?
Also it's interesting how the difficulty of the hash satoshi found for the first block was significantly more than difficulty 1. Possibly the genesis block wasn't actually created on the date satoshi put as the timestamp, rather he picked a good headline for the coinbase and then ran his mining code for a few days to come up with a particularly difficult proof-of-work. Note how this does let you work out a rough idea of how much computer power satoshi had access to because the times headline and mailing list posts give an upper bound on the time it took.
+1 awesome point, you are smart. I never thought of that.
Personally i would not even mind if he started with 1 million, it pales in comparison to what he has done for mankind.
Im sure hes sitting on a few thousand bitcoins right now
A few thousand! What do you think he just left a miner on all the time for a month? Crazy.
Celebrate
Personally i would not even mind if he started with 1 million, it pales in comparison to what he has done for mankind.
Im sure hes sitting on a few thousand bitcoins right now
Am I missing something? The block data says the 9th.
Also it's interesting how the difficulty of the hash satoshi found for the first block was significantly more than difficulty 1. Possibly the genesis block wasn't actually created on the date satoshi put as the timestamp, rather he picked a good headline for the coinbase and then ran his mining code for a few days to come up with a particularly difficult proof-of-work. Note how this does let you work out a rough idea of how much computer power satoshi had access to because the times headline and mailing list posts give an upper bound on the time it took.
Domain names don't matter, as long as you have the IP address you can still access it 
Personally i would not even mind if he started with 1 million, it pales in comparison to what he has done for mankind.
Whether or not Bitcoin succeeds, the breakthrough of solving the double spending problem in a decentralised system via proof of work(where work scales with market forces) has and will enable many services to be decentralised.
Namecoin can now provide an alternative to domain names should domain names be attacked by governments.
Whether or not Bitcoin succeeds, the breakthrough of solving the double spending problem in a decentralised system via proof of work(where work scales with market forces) has and will enable many services to be decentralised.
Namecoin can now provide an alternative to domain names should domain names be attacked by governments.
https://blockchain.info/block-index/1
Only a week or so away. Block 1 came out on the 9th: 2009-01-09 02:54:25
I guess Satoshi created the genesis block and sometime later started mining?
Only a week or so away. Block 1 came out on the 9th: 2009-01-09 02:54:25
I guess Satoshi created the genesis block and sometime later started mining?
Huh, I never knew he waited so long. I guess he wanted to tell some people and surely had already tested everything on a test chain. I think he was pretty sensitive to the head start issue, even though imo he clearly deserved an moderately 'unfair' advantage. I wonder if that was even him who got block 1.
Yea, I wasn't aware of that either! I wish I could remember where I first heard of Bitcoin. It was within a few weeks of the Genesis block but I forget the source. Was it perhaps on Slashdot at the time? Anyone know? I was looking for something like this for years but didn't follow the cryptography mailing list or the cyberpunk list (if it indeed was discussed at the latter, I forget).
IIRC the first release of bitcoin wasn't posted publicly until a week or so later. Satoshi probably wanted to run some tests to make sure everything was working correctly.
But Jan 3rd is the date in the genesis block, so that works for me
But Jan 3rd is the date in the genesis block, so that works for me
https://blockchain.info/block-index/1
Only a week or so away. Block 1 came out on the 9th: 2009-01-09 02:54:25
I guess Satoshi created the genesis block and sometime later started mining?
Only a week or so away. Block 1 came out on the 9th: 2009-01-09 02:54:25
I guess Satoshi created the genesis block and sometime later started mining?
Huh, I never knew he waited so long. I guess he wanted to tell some people and surely had already tested everything on a test chain. I think he was pretty sensitive to the head start issue, even though imo he clearly deserved an moderately 'unfair' advantage. I wonder if that was even him who got block 1.
https://blockchain.info/block-index/1
Only a week or so away. Block 1 came out on the 9th: 2009-01-09 02:54:25
I guess Satoshi created the genesis block and sometime later started mining?
Only a week or so away. Block 1 came out on the 9th: 2009-01-09 02:54:25
I guess Satoshi created the genesis block and sometime later started mining?
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