Tag: satoshi nakamoto

Peter McCormack has been ordered to pay Craig S. Wright 1 in damages. A Deliberately False Case Craig S. Wright will receive 1 in damages from his libel case against...

Bitcoin fits into the framework of economic equality, which exposes Nakamoto’s intentions to provide an opportunity to opt out of the financial system.Imagine Tupac Shakur (also known professionally as 2Pac) coming back to discover modern rap music. At the very least, he would have some questions, “What the fuck is ‘mumble’ rap?” Not that 2Pac invented rap, but he’s certainly...

Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. TIME Magazine is a respected media outlet with just under 100 years of publishing prowess under its belt. Its recent exposé on Ethereum creator Vitalik Buterin...

Reading Time: 3 minutes Eight years ago yesterday, Newsweek ‘revealed’ the identity of Satoshi Nakamoto Unemployed stroke victim Dorian Nakamoto strongly denied the claims, with the author getting pilloried for her investigative methods With hindsight, is it possible...

Pioneering mathematician John Nash laid out a concept for “Ideal Money” that has parallels with Satoshi Nakamoto’s Bitcoin.“I think of the possibility that a good sort of international currency might EVOLVE before the time when an official establishment might occur….Here I am thinking of a politically neutral form of a technological utility rather than of a money which might, for...

To understand Bitcoin, people need to understand Proof-Of-Work. It might be the most crucial aspect of the network. Proof-Of-Work provides security, resolves the issuance problem, and guarantees “a ledger of ownership and transactions that is beyond dispute.” And that’s just the beginning. How does Proof-Of-Work accomplish all that? That’s what this section is all about....

A recent report from financial services giant Fidelity captures Bitcoin as an asset class of its own, but fails to recognize its true potential.On January 18, financial services giant Fidelity published “Bitcoin First: Why Investors Need To Consider Bitcoin Separately From Digital Assets,” written...

Today is International Data Privacy Day — a day focused on raising awareness around data privacy best practices. Data privacy is an important aspect of Bitcoin and some other altcoins, and as such, we’re celebrating Data Privacy day with a list of best practices for crypto users. Cypherpunks: Remembering Satoshi, Finney, And The Fight For Privacy...

The surge in “crypto lawyers” attempting to enter the ecosystem makes one wonder what they would have done to Bitcoin if they had the chance.One of the central reasons for Bitcoin’s success is that lawyers never touched the Bitcoin white paper. Watching now how legal professionals are trying to identify themselves as “crypto lawyers” and to offer legal support to blockchain startups,...

The pseudonymous creator of Bitcoin, like Giordano Bruno, also challenged government-backed, violence-enforced dogma.The invention of Bitcoin comes after decades of hard work, persecution by the government and the relentless perseverance of the cypherpunks. Satoshi was humble enough to stand on the shoulders of cypherpunk giants and use many existing, first principle design parameters to help him/her/they create...

Celebrate this Proof Of Keys Day by considering the future of Bitcoin security: quantum resistance.When Satoshi Nakamoto mined the genesis block 13 years ago today, giving rise to the Bitcoin blockchain, he sparked a cryptographic revolution — you could store your wealth behind personal private keys.Recognized every January 3, Proof Of Keys Day is an opportunity to reflect on that breakthrough...

You may have heard of an 'up and coming' competitor to Ethereum lately, but if not, 2022 could be a great time to start researching in Solana. 'Layer 2 blockchain solutions' and 'Web 3' have been getting a lot of buzz around social media but what's it all about? Investment strategist Raoul Pal actually compared the parabolic growth of Solana with Ethereum in...

Blockchain technology, a digital ledger processed by a worldwide network of computers, is at the core of various cryptocurrencies....

Craig Wright has suffered another loss in court related to debunked claims that he invented Bitcoin, and now he’s been ordered to pay $100 million.Craig Steven Wright has suffered a massive loss in the almost four-year-old legal dispute with Ira Kleiman,...

Reading Time: 2 minutes Someone claiming to be Satoshi Nakamoto has sued Craig Wright and five others for $1 billion The exact nature of claim is buried in a hotchpotch of rambling, unhinged testimony The filing is the work of someone with a tenuous grip on reality...

Reading Time: 2 minutes Craig Wright may have scored a victory of sorts over Ira Kleiman, but this is the first of a series of battles Kleiman is also doing battle with Wright’s ex-wife Lynn and current wife Ramona The legal tussles involve the Tulip Trust and...

Reading Time: 2 minutes Craig Wright has not paid the $100 million he said he was “relieved” to have been hit with Wright is accruing interest every day he delays in making the payment The Satoshi Wannabe has still not paid Hodlonaut from a decision made in June 2019...

Bitcoin SV or Bitcoin Satoshi‘s Vision is a hard fork of Bitcoin Cash. The coin was tossed in the fall of 2019 fetching on a so-called "hash war“. Bitcoin SV has hardly any discrepancy compared to Bitcoin Cash,...

Reading Time: 2 minutes There are some theories that the U.S. government created Bitcoin These theories gained traction recently thanks to comments from the CIA Director William Burns Why would the government have created Bitcoin and what is the evidence to support...

Reading Time: 3 minutes Craig Wright’s case against the estate of Dave Kleiman drew to a close yesterday Wright was found to have stolen bitcoin and intellectual property from a company the pair operated together in 2013 What did we learn from the case, the trial, and...