Author

Topic: Is 'saatoshi_rising' Satoshi wanting to tell us something? (Read 208 times)

satoshyknew

newbie

Activity: 21

Merit: 1

Quote from: podpaymentcoin on November 24, 2019, 05:42:03 AM

Quote from: laszlo on June 17, 2010, 01:50:31 PM

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.

Quote from: satoshyknew on October 15, 2019, 08:38:12 AM

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.

Satoshi:

Quote from: satoshi on July 10, 2010, 08:36:17 AM

Quote from: llama on July 01, 2010, 05:21:47 PM

However, if something happened and the signatures were compromised (perhaps integer factorization is solved, quantum computers?), then even agreeing upon the last valid block would be worthless.

https://bitcointalksearch.org/topic/m.53164590
True, if it happened suddenly. If it happens gradually, we can still transition to something stronger. When you run the upgraded software for the first time, it would re-sign all your money with the new stronger signature algorithm. (by creating a transaction sending the money to yourself with the stronger sig)

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://bitcointalksearch.org/topic/satoshis-fortune-lower-bound-is-100m-usddebate-going-on-do-not-tweet-175996

Quote from: threadsupport on October 01, 2019, 11:47:26 AM

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:

Quote from: wintherace on September 29, 2019, 11:26:17 AM

Who will win the race and get the early coins?

Quantum computing or solving the "Satoshi Prize Competition".

Nobody can stop that race.

areyousatooshi

newbie

Activity: 5

Merit: 0

Quote from: saatoshi_rising on April 27, 2017, 01:41:08 AM

Quote from: sabbybibi on March 13, 2017, 11:17:30 AM

This puzzle is very strange. If it's for measuring the world's brute forcing capacity, 161-256 are just a waste (RIPEMD160 entropy is filled by 160, and by all of P2PKH Bitcoin). The puzzle creator could improve the puzzle's utility without bringing in any extra funds from outside - just spend 161-256 across to the unsolved portion 51-160, and roughly treble the puzzle's content density.

If on the other hand there's a pattern to find... well... that's awfully open-ended... can we have a hint or two? Cheesy

I am the creator.

You are quite right, 161-256 are silly. I honestly just did not think of this. What is especially embarrassing, is this did not occur to me once, in two years. By way of excuse, I was not really thinking much about the puzzle at all.

I will make up for two years of stupidity. I will spend from 161-256 to the unsolved parts, as you suggest. In addition, I intend to add further funds. My aim is to boost the density by a factor of 10, from 0.001*length(key) to 0.01*length(key). Probably in the next few weeks. At any rate, when I next have an extended period of quiet and calm, to construct the new transaction carefully.

A few words about the puzzle. There is no pattern. It is just consecutive keys from a deterministic wallet (masked with leading 000...0001 to set difficulty). It is simply a crude measuring instrument, of the cracking strength of the community.

Finally, I wish to express appreciation of the efforts of all developers of new cracking tools and technology. The "large bitcoin collider" is especially innovative and interesting!

saatoshi_rising, are you satoshi? If you don't want to tell something, we respect your privacy! Maybe you could support us here:

Maybe Satoshi created the greatest prize competition https://bitcointalksearch.org/topic/maybe-satoshi-created-the-greatest-prize-competition-5150688

areyousatooshi

newbie

Activity: 5

Merit: 0

Quote from: hundredpercent on October 17, 2019, 09:21:08 AM

December 2015 a Bitcointalk member discovered a puzzle transaction while playing around with his bot:
https://bitcointalksearch.org/topic/m.13381244
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://bitcointalksearch.org/topic/m.18765941
As of 01/10/2019 there are still more than 100 BTC to win. https://bitcointalksearch.org/topic/archive-bitcoin-challenge-discusion-5166284

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.

Is 'saatoshi_rising' Satoshi wanting to tell us something?
What do you mean?