Price is up $15 since he posted that picture ... maybe market feels better if satoshi has got the keys to the kingdom than god only knows who?
Topic: The Well Deserved Fortune of Satoshi Nakamoto, Visionary and Genious - page 6. (Read 13344 times)
April 17, 2013, 08:31:30 AM
April 17, 2013, 08:21:15 AM
Why aren't you using your skills to do something useful?
I think you mean, why don't you do something that doesn't threaten the bitcoin economy. Confirming or nearly confirming that satoshi does indeed have 1m+ bitcoins is not good news for the knob slobbers.
Price is up $15 since he posted that picture ... maybe market feels better if satoshi has got the keys to the kingdom than god only knows who?
April 17, 2013, 08:18:29 AM
Why aren't you using your skills to do something useful?
I think you mean, why don't you do something that doesn't threaten the bitcoin economy. Confirming or nearly confirming that satoshi does indeed have 1m+ bitcoins is not good news for the knob slobbers.
April 17, 2013, 08:02:54 AM
How does this contradict anything at all that I or death and taxes said? In fact, it seems to __thoroughly__ refute the claim you were making that Satoshi mined alone the first year. Unlike you, however, I'm not going back and editing my posts when people point out that they cannot possibly be correct.
Why do you keep posting all these claims without even bothering to look at the source?
Why do you keep posting all these claims without even bothering to look at the source?
I always stated that Satoshi was mining ALMOST alone. I specially used this vague word in every sentence to state that I could not prove he was alone.
If you analyze the different segments at different slopes in the graph you will see that Satoshi was ALMOST alone at any time, maybe with 3 or 4 other miners with much less capable mining hardware.
GMax: I appreciate you and your work. Let's stop this chicken and egg controversy on the accuracy of things said that is not useful for the remaining Bitcoin forum readers.
Please sent me a private e-mail if you want to discuss more about it.
April 17, 2013, 07:53:00 AM
Hey look, Sergio - you're really good at this blockchain analysis stuff. Better than anyone I've seen in the past three years, anyway (not that I devote a lot of time to quantifying that).
Why aren't you using your skills to do something useful?
For example: why don't you analyze the recent crash, and separate out all the bitcoin that was used specifically to purposefully harm the bitcoin economy; find out where those bitcoin came from and how they were accumulated; and if the entity(ies) that sold them bought back in or were just cashing out?
And just as an aside that has no impact on anyone else, don't you think MtGox, or one of the big players/speculators with serious money on the line would be willing to pay you pretty well for some verifiable information of that kind?
Bitcoin is my hobby right now, from 2 AM to 4 AM, a few days a week. The kind of block chain analysis you propose requires a lot of effort and precision, testing, double-checking, because it involves criminal acts, cannot be undertaken lightly, something completely different from my dawn hacks. And just as an aside that has no impact on anyone else, don't you think MtGox, or one of the big players/speculators with serious money on the line would be willing to pay you pretty well for some verifiable information of that kind?
Very few people have asked me for help regarding Bitcoin, and MtGox is not one of them. Bitcoin community is full of hackers and brilliant developers, so I go unnoticed
If MtGox ever ask me to, and the pay is good, it would be nice to do it professionally...
Best regards, Sergio.
April 17, 2013, 07:36:34 AM
In you paper, you say it like Satoshi out of all of us has the most trust in bitcoin. I think there is an equally valid argument that explains his not cashing out. It is that "for cashing out that mil he need to release his identity." I like the work you are doing though!
April 17, 2013, 07:32:45 AM
Why aren't you using your skills to do something useful?
There is a principle in the universe that what can be done, will be done. I don't think we should blame Sergio if he mines public information. Or should we get rid of Julian Assange, too?
Sergio --> Assange? Interesting conflation. I see no points of congruency there...
April 17, 2013, 07:20:02 AM
Why aren't you using your skills to do something useful?
There is a principle in the universe that what can be done, will be done. I don't think we should blame Sergio if he mines public information. Or should we get rid of Julian Assange, too?
April 17, 2013, 07:18:08 AM
I am Satoshi
April 17, 2013, 07:15:20 AM
How does this contradict anything at all that I or death and taxes said? In fact, it seems to __thoroughly__ refute the claim you were making that Satoshi mined alone the first year. Unlike you, however, I'm not going back and editing my posts when people point out that they cannot possibly be correct.
Why do you keep posting all these claims without even bothering to look at the source?
Why do you keep posting all these claims without even bothering to look at the source?
April 17, 2013, 07:02:24 AM
GMaxwell has found that after October 2010 (e.g. v0.3.14), clients clear ExtraNonce periodically, so this method would not work for periods dominated with higher Bitcoin versions
April 17, 2013, 07:01:42 AM
Satoshi is Tony Stark
April 17, 2013, 06:57:52 AM
A picture is worth a thousand words.
http://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
This obviously contradicts every word GMaxwell and DeathAndTaxes said about mining during the first year.
Best regards,
Sergio.
http://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
This obviously contradicts every word GMaxwell and DeathAndTaxes said about mining during the first year.
Best regards,
Sergio.
Yeah, yeah, yeah. Whatever, man. I just don't give a shit about what Satoshi's got, how he got it, or about who he really is, either.
Hey look, Sergio - you're really good at this blockchain analysis stuff. Better than anyone I've seen in the past three years, anyway (not that I devote a lot of time to quantifying that).
Why aren't you using your skills to do something useful?
For example: why don't you analyze the recent crash, and separate out all the bitcoin that was used specifically to purposefully harm the bitcoin economy; find out where those bitcoin came from and how they were accumulated; and if the entity(ies) that sold them bought back in or were just cashing out?
And just as an aside that has no impact on anyone else, don't you think MtGox, or one of the big players/speculators with serious money on the line would be willing to pay you pretty well for some verifiable information of that kind?
You might as well be drinking Jolt Cola in your parents' basement - doing what you're doing now. What good are these skills of yours if you waste them like this?
April 17, 2013, 06:49:57 AM
Among the black lines in the second half year are some that have a different slope. Some steeper, and some flater. Why do you think these are Satoshi, too?
I think its that the peaking of one line coincides with the beginning of the next one so perfectly and they are slope-wise so consistent with trend so far, if they are not the 'black' entity then they have nearly identical hash-rate and the black entity stopped mining at exactly the same moment, very unlikely.
The red lines all have considerable lower slopes so they are clearly on slower machines and their are multiple machines their because the lines occupy the same space on the X axis rather then doing the saw-tooth that the black line dose. From the looks of it their were 2-3 people who mined a lot slower but at steady rates very early and they actually would mine for considerably longer stretches before shutting down, this probably reflects a lower concern for backing-up their wallets.
April 17, 2013, 06:30:32 AM
You stated that Satoshi spent none of his generated coins. So where did the coins come from that Satoshi apparently sent to Hal Finney?
From the coinbase of block 9
April 17, 2013, 06:22:44 AM
Interesting. Paw prints of the bear ...
Edit: maybe one could observe ArtForz's legendary mining exploits in those early times with similar analysis.
Edit: maybe one could observe ArtForz's legendary mining exploits in those early times with similar analysis.
April 17, 2013, 06:18:50 AM
You stated that Satoshi spent none of his generated coins. So where did the coins come from that Satoshi apparently sent to Hal Finney?
I said that "at eyesight" he has spent none. Obviously there may be imperceptible red dot's between the heavy black lines, and Satoshi probably spent some.
April 17, 2013, 06:06:53 AM
Can you go into more depth about this 'ExtraNonce field' and what it is. Also can you extend your analysis to see other larger miners, the red dots in the graph clearly show similar parallel upward slope trends and should be able to be parsed out into a few more 'entities'. Also dose this methodology work as a tool after the introduction of mining pools?
How many addresses are utilized in this 'Nonce closure' group and how dose combining it with the conventional closure methods change the picture? What percentage of the network hash-rate did the entity represent during that period? If its mining at a steady rate and we know the number of blocks it won it should be simple to determine its hash-power which as you said looks to be steady, is it consistent with a single PC?
How many addresses are utilized in this 'Nonce closure' group and how dose combining it with the conventional closure methods change the picture? What percentage of the network hash-rate did the entity represent during that period? If its mining at a steady rate and we know the number of blocks it won it should be simple to determine its hash-power which as you said looks to be steady, is it consistent with a single PC?
The extraNonce fields increments every time the nonce fields (which is 32 bits) overflows, so it's a slow realtime clock, until the application is restarted, in which case it goes back to 1.
All this questions are very interesting and can be answered with good quite precision.
I´m sure many of the users who frequent the technical forum are completely capable of computing all these metrics.
I offer the source data sets for anyone interested. For myself, I won't dig into this more for now, since I need do do more urgent work.
Note the X-Axis in the graphs is not time (as it's said). It's the block number (that's a mistake I did yesterday at 4 AM).
That may distort the slope a bit, but almost imperceptibly.
April 17, 2013, 06:00:51 AM
Among the black lines in the second half year are some that have a different slope. Some steeper, and some flater. Why do you think these are Satoshi, too?
April 17, 2013, 05:53:24 AM
An incrementing nonce is more secure but benefits are probably negligible with random nonce.
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