SOLUTION TO KNOW IF SATOSHI NAKAMOTO IS REALLY DEAD....

cfbtcman

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The topic is alive again:

https://player.fm/series/the-world-crypto-network-podcast-2503365/lets-burn-all-of-satoshis-980000-bitcoin-an-interview-with-ray-youssef

It seems now its someone famous to say it

Now its not only Craig, this time we know 100% we have at least a "faketoshi" so, we could stop some impostors!

cfbtcman

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Quote from: mich on February 15, 2019, 12:48:25 PM

This idea has been done in the past and thought up as well.
Even if Mr. Satoshi is still alive, its only fair to leave the man alone and give him his space.
Can you only imagine the outcry and demand in public interest from this person who already chooses to live a life away from the public.
He would be praised by a few while being tar and feathered by the masses.

Knowing he is alive or not dont reveals his identity, but we could sent him some tribute with certainty that he would be watching, imagine some big tribute from all the world after he moves the money like THANK YOU SATOSHI!

At same time if he dont move the money maybe he is really dead and maybe Craig Wright is a real faketoshi and could stop speculating about the chance of starting to sell bitcoins until price gets $1.000.

cfbtcman

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Quote from: Huskarls on February 15, 2019, 12:42:42 PM

The point is, for now all of course also will not be many who care whether satoshi is still alive or dead. I don't think that will have a big impact. It will be useless even though he is still alive but Bitcoin demand remains stable. So, i don't agree if appearance of Satoshi will give an impact to Blockchain

The target here is not to know if he is alive or not, the target is to improve and solve the problem of disk space in blockchain by deleting old blocks, but what could be achieved with that is very interesting, maybe nobody thought about that before, so i thought i need to wrote this

mich

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This idea has been done in the past and thought up as well.
Even if Mr. Satoshi is still alive, its only fair to leave the man alone and give him his space.
Can you only imagine the outcry and demand in public interest from this person who already chooses to live a life away from the public.
He would be praised by a few while being tar and feathered by the masses.

Huskarls

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The point is, for now all of course also will not be many who care whether satoshi is still alive or dead. I don't think that will have a big impact. It will be useless even though he is still alive but Bitcoin demand remains stable. So, i don't agree if appearance of Satoshi will give an impact to Blockchain

cfbtcman

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Quote from: Kakmakr on February 15, 2019, 07:09:41 AM

Ok, so what happens after we have eliminated Satoshi's coins? Who will be next? Roger Ver? / Gavin / CW ……. ? If we allow this to happen to one persons coins, then people will lose confidence in the technology, because they will be worried about their own coins. This will lead to a massive dump of coins and the destruction of the Bitcoin price. Angry

Even if we know that a serial child killer is in possession of 1000's of coins, then we still cannot "remove" those coins from the Blockchain. We need to give people the guarantee that their coins will be safe, no matter what they have done or who they are. Tongue

I think you are not undeerstanding it, who is saying that we will eliminate Satoshi coins?

He can move them for new addresses and that will make it possible to delete bitcoin old blocks and save space in blockchain like Satoshi said in WP in the point 7. Reclaiming Disk Space, but with some improve.

Even Satoshi is not perfect and we can improve, Lightning Networking is one example of something that maybe can work and can be better then bigger blocks.

If the guy dont move the money its because he is dead or dont want it, so we can use it to give it to the miners and descentralize even more the bitcoin owners.

cfbtcman

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Quote from: BTMBitcoinVN on February 15, 2019, 12:30:56 AM

Quote

Who rules the bitcoin blockchain, is Satoshi?
No, we rule it !

No one rules Bitcoin, everyone does. That's the whole point of Bitcoin?
You want to take away billions of dollars from the guy who created all of this + THOUSANDS of blockchain related businesses? For what? to figure out if he's dead? lol.

Not only will this be the doom of Bitcoin. You'll make a whole market crash and have a negative effect on millions of people.
If you're succesfull and it turns out Satoshi is actually dead, what will you have accomplished? Nothing good for anyone - that is for certain.

That is the point, im trying to get solutions for future market dont crash, can be Satoshi addresses or any lost wale address belonging to anyone else, that risk is real and will happen if nobody change the rules.

If we cant make more than 21 millions we cannot lost the bitcoins or else that will be a problem.

cfbtcman

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Quote from: CaVO32 on February 14, 2019, 07:12:46 PM

there's no reason even to start this topic though. giving opinion on this matter will not make any difference. maybe, just for entertainment purposes? or getting funny ideas from different people?

Its a funny idea that maybe makes sense to delete Satoshi money!

cfbtcman

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Quote from: Eildosa on February 14, 2019, 07:10:08 PM

I think we should stop this useless search for information that can help us find out who Satoshi is. It won't give us anything. If Satoshi wanted to remain anonymous, we won't be able to unravel his identity. You'd better do something more useful.

The target here is to prove that we need solutions for bitcoin speculation of wale adresses "lost in time" or else bitcoin will never be a stable solution.

cfbtcman

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Quote from: cynical on February 14, 2019, 03:42:05 PM

Quote from: cfbtcman on February 14, 2019, 01:11:24 PM

Do you think bitcoin is decentralized? There is 20 mining pools that rule the bitcoin, 20 mining pools are 20 boss in the world and some of them have the same boss!
99% of bitcoins are in the hands of 1% of the miners, you call this decentralized?

Stop with the Satoshi dead or alive.
I thought it was full nodes which controlled bitcoin, they validate the transactions.
If miners controlled bitcoin why don't they change it to their own benefit?
Those 1% of miners might be in control of the hashing power but they are not in control of bitcoin itself.

Bitcoin have a lot of centralized/descentralized variables, its not just nodes.
Mining power, nodes, hardware, software, wallets, exchangers, owners of bitcoin, everything is important and needs to be descentralized to dont go down in time like Netherland tulips.

cfbtcman

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Quote from: aoluain on February 14, 2019, 03:24:37 PM

Quote from: cfbtcman on February 14, 2019, 01:11:24 PM

Quote from: Naida_BR on February 14, 2019, 10:30:52 AM

Quote from: cfbtcman on November 17, 2018, 08:04:12 PM

Everybody can read this post:

https://bitcointalksearch.org/topic/a-proposed-solution-for-lost-bitcoins-5070171

Lets change the time to delete old blocks with no transactions for the number of years we want to know the answer to that question, if real Satoshi was Hal Finney and he is really dead or if it is Craig Wright or someone else, he needs to move the money and we can assist.

Who rules the bitcoin blockchain, is Satoshi?
No, we rule it !

I guess that you mean that bitcoin chain is shit because Satoshi's coin is in no use because he is dead? Well, if he is... these coins are locked and they can increase the value of bitcoin as the circulating supply becomes less.
With or without Satoshi, the blockchain is decentralized and it is ruled by all people, not by just one.

Bitcoin will be shit if it cannot delete old blocks, all databases in the world can delete data, imagine to have emails without deleting data, would be the CAOS just to save all the information, every database (blockchain is just a database) needs to support deleting old data or else its a snowball.

If BTC be lost will increase the value, but imagine that in time we lost half of bitcoins and after so much time of stability one lucky guy recover access to one old address that is not moved at some decades and have thousands or millions of bitcoins, he will be the master of the world or even can start to sell untill colapse the market.

Quote from: Naida_BR

"With or without Satoshi, the blockchain is decentralized and it is ruled by all people, not by just one."

Do you think bitcoin is decentralized? There is 20 mining pools that rule the bitcoin, 20 mining pools are 20 boss in the world and some of them have the same boss!
99% of bitcoins are in the hands of 1% of the miners, you call this decentralized?

Your reasoning is absurd, its like saying "lets make bitcoin into paper notes,
lokk at FIAT it has paper notes, why cant bitcoin?"

Do you realise how difficult and improbable it is for "1 lucky guy" to recover
an old wallet belonging to someone else is? Take a guess and add as nany
"0's" as you like.

This thread was not created to "knowing if Satoshi is really dead" , It was
created so that someone could have coins belonging to someone
else, coins which were mined by someone else.

Yeah, thats the way German thought in WWII about enigma machine and they lost the war:

https://www.kaspersky.com/blog/ww2-enigma-hack/8628/

Look how difficulty is:
https://www.youtube.com/watch?v=LbICYO3qD-Q

You dont know the story of the guy that send the paper to trash and was trying to find it back ?
There is treasures that are found 500 years after like spanish and portuguese gold ships, imagine that someone in time can break some encrypted cloud file with bitcoin addresses like the Dave Kleiman or Hal Finney files that maybe NSA have access.

In BTC everything is possible, even you can generate tomorrow by lucky one millionaire bitcoin address and took all the money out, that is possible, thats why we should not have a lot of money in one address, but there is exchangers and a lot of people that have all his money in one addresss!

cfbtcman

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Quote from: muslol67 on November 18, 2018, 08:08:13 AM

Quote from: cfbtcman on November 17, 2018, 08:04:12 PM

Everybody can read this post:

https://bitcointalksearch.org/topic/a-proposed-solution-for-lost-bitcoins-5070171

Lets change the time to delete old blocks with no transactions for the number of years we want to know the answer to that question, if real Satoshi was Hal Finney and he is really dead or if it is Craig Wright or someone else, he needs to move the money and we can assist.

Who rules the bitcoin blockchain, is Satoshi?
No, we rule it !

We don't need any solution. Satoshi has created a big game. We are only playing it in Satoshi's rule ( It may has changed). We don't need solution, we need work on problems what is going on market. Like energy consumption, transfer speed... We have a great structre. We have to develop it someway.

Bitcoin blockchain is a snowball, needs to be improved and will never be perfect, many Satoshi points are not implemented and some of them are not the best solutions like scaling for example, Satoshi predicted scaling with bigger blocks, where they are? The core people is pointing to Lighnting Network as solution.

Energy consumption is not a problem, that is the best invention of Satoshi, if you want bitcoins you need to waste a lot of energy and pay for it, that is what gives value to bitcoin, like gold.

This is the mining times, gold mining fever wasted much more energy and lifes and keeps wasting more than bitcoin and nobody said lets use other metal, if you want energy solutions try RIPPLE and make some centralized group very rich, in bitcoin everybody is free to "print money", its one open system.

After mining is finished the energy waste will be almost nothing, we dont need so many TH/s just to run one layer 1 solution, bitcoin network can run with only 20 machines S9 like the 20 biggest pools now and if each one belongs to a different user we have the same descentralization and the same processing speed/capacity as now!

Kakmakr

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Ok, so what happens after we have eliminated Satoshi's coins? Who will be next? Roger Ver? / Gavin / CW ……. ? If we allow this to happen to one persons coins, then people will lose confidence in the technology, because they will be worried about their own coins. This will lead to a massive dump of coins and the destruction of the Bitcoin price. Angry

Even if we know that a serial child killer is in possession of 1000's of coins, then we still cannot "remove" those coins from the Blockchain. We need to give people the guarantee that their coins will be safe, no matter what they have done or who they are. Tongue

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Quote

Who rules the bitcoin blockchain, is Satoshi?
No, we rule it !

No one rules Bitcoin, everyone does. That's the whole point of Bitcoin?
You want to take away billions of dollars from the guy who created all of this + THOUSANDS of blockchain related businesses? For what? to figure out if he's dead? lol.

Not only will this be the doom of Bitcoin. You'll make a whole market crash and have a negative effect on millions of people.
If you're succesfull and it turns out Satoshi is actually dead, what will you have accomplished? Nothing good for anyone - that is for certain.

CaVO32

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there's no reason even to start this topic though. giving opinion on this matter will not make any difference. maybe, just for entertainment purposes? or getting funny ideas from different people?

Eildosa

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I think we should stop this useless search for information that can help us find out who Satoshi is. It won't give us anything. If Satoshi wanted to remain anonymous, we won't be able to unravel his identity. You'd better do something more useful.

cynical

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Quote from: cfbtcman on February 14, 2019, 01:11:24 PM

Do you think bitcoin is decentralized? There is 20 mining pools that rule the bitcoin, 20 mining pools are 20 boss in the world and some of them have the same boss!
99% of bitcoins are in the hands of 1% of the miners, you call this decentralized?

Stop with the Satoshi dead or alive.
I thought it was full nodes which controlled bitcoin, they validate the transactions.
If miners controlled bitcoin why don't they change it to their own benefit?
Those 1% of miners might be in control of the hashing power but they are not in control of bitcoin itself.

aoluain

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Quote from: cfbtcman on February 14, 2019, 01:11:24 PM

Quote from: Naida_BR on February 14, 2019, 10:30:52 AM

Quote from: cfbtcman on November 17, 2018, 08:04:12 PM

Everybody can read this post:

https://bitcointalksearch.org/topic/a-proposed-solution-for-lost-bitcoins-5070171

Lets change the time to delete old blocks with no transactions for the number of years we want to know the answer to that question, if real Satoshi was Hal Finney and he is really dead or if it is Craig Wright or someone else, he needs to move the money and we can assist.

Who rules the bitcoin blockchain, is Satoshi?
No, we rule it !

I guess that you mean that bitcoin chain is shit because Satoshi's coin is in no use because he is dead? Well, if he is... these coins are locked and they can increase the value of bitcoin as the circulating supply becomes less.
With or without Satoshi, the blockchain is decentralized and it is ruled by all people, not by just one.

Bitcoin will be shit if it cannot delete old blocks, all databases in the world can delete data, imagine to have emails without deleting data, would be the CAOS just to save all the information, every database (blockchain is just a database) needs to support deleting old data or else its a snowball.

If BTC be lost will increase the value, but imagine that in time we lost half of bitcoins and after so much time of stability one lucky guy recover access to one old address that is not moved at some decades and have thousands or millions of bitcoins, he will be the master of the world or even can start to sell untill colapse the market.

Quote from: Naida_BR

"With or without Satoshi, the blockchain is decentralized and it is ruled by all people, not by just one."

Do you think bitcoin is decentralized? There is 20 mining pools that rule the bitcoin, 20 mining pools are 20 boss in the world and some of them have the same boss!
99% of bitcoins are in the hands of 1% of the miners, you call this decentralized?

Your reasoning is absurd, its like saying "lets make bitcoin into paper notes,
lokk at FIAT it has paper notes, why cant bitcoin?"

Do you realise how difficult and improbable it is for "1 lucky guy" to recover
an old wallet belonging to someone else is? Take a guess and add as nany
"0's" as you like.

This thread was not created to "knowing if Satoshi is really dead" , It was
created so that someone could have coins belonging to someone
else, coins which were mined by someone else.

cfbtcman

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Activity: 264

Merit: 16

Quote from: Naida_BR on February 14, 2019, 10:30:52 AM

Quote from: cfbtcman on November 17, 2018, 08:04:12 PM

Everybody can read this post:

https://bitcointalksearch.org/topic/a-proposed-solution-for-lost-bitcoins-5070171

Lets change the time to delete old blocks with no transactions for the number of years we want to know the answer to that question, if real Satoshi was Hal Finney and he is really dead or if it is Craig Wright or someone else, he needs to move the money and we can assist.

Who rules the bitcoin blockchain, is Satoshi?
No, we rule it !

I guess that you mean that bitcoin chain is shit because Satoshi's coin is in no use because he is dead? Well, if he is... these coins are locked and they can increase the value of bitcoin as the circulating supply becomes less.
With or without Satoshi, the blockchain is decentralized and it is ruled by all people, not by just one.

Bitcoin will be shit if it cannot delete old blocks, all databases in the world can delete data, imagine to have emails without deleting data, would be the CAOS just to save all the information, every database (blockchain is just a database) needs to support deleting old data or else its a snowball.

If BTC be lost will increase the value, but imagine that in time we lost half of bitcoins and after so much time of stability one lucky guy recover access to one old address that is not moved at some decades and have thousands or millions of bitcoins, he will be the master of the world or even can start to sell untill colapse the market.

Quote from: Naida_BR

"With or without Satoshi, the blockchain is decentralized and it is ruled by all people, not by just one."

Do you think bitcoin is decentralized? There is 20 mining pools that rule the bitcoin, 20 mining pools are 20 boss in the world and some of them have the same boss!
99% of bitcoins are in the hands of 1% of the miners, you call this decentralized?

Topic: SOLUTION TO KNOW IF SATOSHI NAKAMOTO IS REALLY DEAD.... (Read 18329 times)