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| 05:43 AM | ||
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| 05:43 AM | ||
Who in the world is Satoshi Nakamoto | |
| Anonymous Coward User ID: 39902384  Canada12/03/2013 12:44 PM Report Abusive Post Report Copyright Violation | |
GFX guy  User ID: 9776422  United States12/03/2013 12:47 PM Report Abusive Post Report Copyright Violation | IMO some of the descriptions in the OP are misleading. Still a good question though. The answer is complicated and still unfolding: Thread: I am the Father of Cryptocurrency such as Bitcoin |
| Anonymous Coward User ID: 50995261  Netherlands12/03/2013 12:58 PM Report Abusive Post Report Copyright Violation | I was once told if you never ask, you'll never know. Quoting: Dionysian Fullaflattus It seems that the collective known as Satoshi, likened to the dread pirate roberts(princess bride collective) is a cryptographic numerical set that predicates it's machinations on 25 million total units(built in scarcity); hosted upon an assymetric network which acts as both a mined resource unit (currency for bandwidth allocation on an ever cheapening basis(supply of available miners(tunnellers)data points) and an ever strenghtening redundancy checker as toward allocation or ownership of said units(byzantine generals problem). Both the fear and promise of said system seem to be predicated on it's non centralized anonymous allocation of units and inability to create a centralized consensus, thus actively democratizing process. Who in the world is Satoshi Nakamoto? Is a assymmetric virtual entity as unassailable as the gates of heaven to those without the eyes to see? Cheers WTF are you talking about? |
| Anonymous Coward (OP) User ID: 39902384 Canada12/03/2013 01:03 PM Report Abusive Post Report Copyright Violation | IMO some of the descriptions in the OP are misleading. Still a good question though. Quoting: GFX guy The answer is complicated and still unfolding: Thread: I am the Father of Cryptocurrency such as Bitcoin How so? In the end I'm really only concerned with the flesh and bones of it. Redundancy and weight (or weighted probability(in accord to the byzantine problem)) stop counterfeiting as does data allocation through nodal points. But, remember, this is my understanding and not to be mistaken for an endorsement or criticism of said process(es) |
| Anonymous Coward (OP) User ID: 39902384 Canada12/03/2013 01:04 PM Report Abusive Post Report Copyright Violation | I was once told if you never ask, you'll never know. Quoting: Dionysian Fullaflattus It seems that the collective known as Satoshi, likened to the dread pirate roberts(princess bride collective) is a cryptographic numerical set that predicates it's machinations on 25 million total units(built in scarcity); hosted upon an assymetric network which acts as both a mined resource unit (currency for bandwidth allocation on an ever cheapening basis(supply of available miners(tunnellers)data points) and an ever strenghtening redundancy checker as toward allocation or ownership of said units(byzantine generals problem). Both the fear and promise of said system seem to be predicated on it's non centralized anonymous allocation of units and inability to create a centralized consensus, thus actively democratizing process. Who in the world is Satoshi Nakamoto? Is a assymmetric virtual entity as unassailable as the gates of heaven to those without the eyes to see? Cheers WTF are you talking about? Japanese love covens and the proliferation of Sexy Kitty monies. |
| Anonymous Coward (OP) User ID: 39902384 Canada12/03/2013 01:25 PM Report Abusive Post Report Copyright Violation | |
| GFX guy User ID: 9776422 United States12/03/2013 01:27 PM Report Abusive Post Report Copyright Violation | IMO some of the descriptions in the OP are misleading. Still a good question though. Quoting: GFX guy The answer is complicated and still unfolding: Thread: I am the Father of Cryptocurrency such as Bitcoin How so? In the end I'm really only concerned with the flesh and bones of it. Redundancy and weight (or weighted probability(in accord to the byzantine problem)) stop counterfeiting as does data allocation through nodal points. But, remember, this is my understanding and not to be mistaken for an endorsement or criticism of said process(es) ... Quoting: Dionysian Fullaflattus It seems that the collective known as Satoshi, likened to the dread pirate roberts(princess bride collective) is a cryptographic numerical set that predicates it's machinations on 25 million total units(built in scarcity); ... Likening an incredible inventor with an online black-market kingpin is misleading in my book. You seem to have a reasonable grasp on the protocol... so what exactly is your question? I'm not saying I could answer it but I did provide a link to a thread where you would be best served with your technical questions. |
| Anonymous Coward User ID: 50348551 Canada12/03/2013 01:34 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 50995261 Netherlands12/03/2013 01:37 PM Report Abusive Post Report Copyright Violation | I was once told if you never ask, you'll never know. Quoting: Dionysian Fullaflattus It seems that the collective known as Satoshi, likened to the dread pirate roberts(princess bride collective) is a cryptographic numerical set that predicates it's machinations on 25 million total units(built in scarcity); hosted upon an assymetric network which acts as both a mined resource unit (currency for bandwidth allocation on an ever cheapening basis(supply of available miners(tunnellers)data points) and an ever strenghtening redundancy checker as toward allocation or ownership of said units(byzantine generals problem). Both the fear and promise of said system seem to be predicated on it's non centralized anonymous allocation of units and inability to create a centralized consensus, thus actively democratizing process. Who in the world is Satoshi Nakamoto? Is a assymmetric virtual entity as unassailable as the gates of heaven to those without the eyes to see? Cheers WTF are you talking about? Japanese love covens and the proliferation of Sexy Kitty monies. Huh? |
| PIR User ID: 21488368 United States12/03/2013 01:39 PM Report Abusive Post Report Copyright Violation | Satoshi Nakamoto = An enigma worthy of consideration whom has generated untold billions of dollars of wealth for they who have vision and daring. Last Edited by PIR on 12/03/2013 01:39 PM |
| Anonymous Coward (OP) User ID: 39902384 Canada12/03/2013 01:39 PM Report Abusive Post Report Copyright Violation | IMO some of the descriptions in the OP are misleading. Still a good question though. Quoting: GFX guy The answer is complicated and still unfolding: Thread: I am the Father of Cryptocurrency such as Bitcoin How so? In the end I'm really only concerned with the flesh and bones of it. Redundancy and weight (or weighted probability(in accord to the byzantine problem)) stop counterfeiting as does data allocation through nodal points. But, remember, this is my understanding and not to be mistaken for an endorsement or criticism of said process(es) ... Quoting: Dionysian Fullaflattus It seems that the collective known as Satoshi, likened to the dread pirate roberts(princess bride collective) is a cryptographic numerical set that predicates it's machinations on 25 million total units(built in scarcity); ... Likening an incredible inventor with an online black-market kingpin is misleading in my book. You seem to have a reasonable grasp on the protocol... so what exactly is your question? I'm not saying I could answer it but I did provide a link to a thread where you would be best served with your technical questions. The invention isn't as earth shattering as it is timely, as it addresses the want of anonymity and freedom beyound the constraints of dominant social mores. The invention as my likening to the dread pirate roberts( not silk road, but princess bride(the movie) is just a way to shadow the Idea that it was a collective that designed the active tool and all the parts existed on the collective scale. I am always more interested in tools for the freeing of conciousness over the political tools we have to recycle staid, tax deriving income to a few. Redistribution of energies and crowd funding is as like a derivation. Sorry for any confusion |
| Anonymous Coward (OP) User ID: 39902384 Canada12/03/2013 01:41 PM Report Abusive Post Report Copyright Violation | |
| GFX guy User ID: 9776422 United States12/03/2013 01:44 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 39902384 Canada12/03/2013 01:44 PM Report Abusive Post Report Copyright Violation | Satoshi Nakamoto = An enigma worthy of consideration whom has generated untold billions of dollars of wealth for they who have vision and daring. Quoting: PIR The wifes ex boss generated billions with a tool that tells you what happened last year. I'm not bitching mind you, but in my estimation it's not about the money, but the control. |
| Anonymous Coward (OP) User ID: 39902384 Canada12/03/2013 01:46 PM Report Abusive Post Report Copyright Violation | |
| GFX guy User ID: 9776422 United States12/03/2013 01:47 PM Report Abusive Post Report Copyright Violation | Satoshi Nakamoto = An enigma worthy of consideration whom has generated untold billions of dollars of wealth for they who have vision and daring. Quoting: PIR The wifes ex boss generated billions with a tool that tells you what happened last year. I'm not bitching mind you, but in my estimation it's not about the money, but the control. Or the transfer, thereof...  |
| Anonymous Coward (OP) User ID: 39902384 Canada12/03/2013 01:55 PM Report Abusive Post Report Copyright Violation | Satoshi Nakamoto = An enigma worthy of consideration whom has generated untold billions of dollars of wealth for they who have vision and daring. Quoting: PIR The wifes ex boss generated billions with a tool that tells you what happened last year. I'm not bitching mind you, but in my estimation it's not about the money, but the control. Or the transfer, thereof... As they say, knowledge is power. And preparedness makes for good eating. ;) Cheers |
| Anonymous Coward (OP) User ID: 39902384 Canada12/05/2013 03:05 PM Report Abusive Post Report Copyright Violation | So, again, who is Satoshi Nakamoto? A virtual non entity that makes governments tremble at the thought of the non transparency of currency and analysts somehow grapple with the Idea of a retrievable store of value within multiple systems. A virtual and literAl nobody embodying ideals in software and multi nodal redundancy. Cheers |
| Anonymous Coward User ID: 50819642  Belgium12/05/2013 04:10 PM Report Abusive Post Report Copyright Violation | that makes governments tremble at the thought of the non transparency of currency Quoting: Dionysian Fullaflattus by the way, some researchers did dug into the public records of transactions, and found out that large amounts of the earliest mined coins were transferred to the late silk road. which makes the earliest adopters of bitcoin, if not the developpers, explicitly complicit in massive drug and arms trade. |
| Anonymous Coward User ID: 44518641 Canada12/05/2013 04:12 PM Report Abusive Post Report Copyright Violation | |
| GFX guy User ID: 9776422 United States12/05/2013 04:16 PM Report Abusive Post Report Copyright Violation | that makes governments tremble at the thought of the non transparency of currency Quoting: Dionysian Fullaflattus by the way, some researchers did dug into the public records of transactions, and found out that large amounts of the earliest mined coins were transferred to the late silk road. which makes the earliest adopters of bitcoin, if not the developpers, explicitly complicit in massive drug and arms trade.  That would also apply to any paper currency only on a larger scale. The largest drug-money launderer is HSBC... go figure. |
| Angry Hierophant User ID: 41311792 United States12/05/2013 04:18 PM Report Abusive Post Report Copyright Violation | The original specification document was posted on a cyberphreak newsgroup in the 90s by 'Satoshi'. All I know is...I have reviewed the source code, and its good. Damn good. Not only masterful c programming, but extraordinary knowledge of mathematics, cryptography, and algorithms. This is serious code, almost other worldly or at least military grade munitions. For one person to have come up with this, would make Einstein look like a tard. |
| Anonymous Coward User ID: 50819642 Belgium12/05/2013 04:41 PM Report Abusive Post Report Copyright Violation | That would also apply to any paper currency only on a larger scale. Quoting: GFX guy The largest drug-money launderer is HSBC... go figure. by the way, the transactions are there: early coins were involved in silk road. |
| GFX guy User ID: 9776422 United States12/05/2013 04:45 PM Report Abusive Post Report Copyright Violation | That would also apply to any paper currency only on a larger scale. Quoting: GFX guy The largest drug-money launderer is HSBC... go figure. by the way, the transactions are there: early coins were involved in silk road. I don't disagree with that point. But what would a currency be if it couldn't be used to purchase the 2nd most traded commodity on the planet? |
| Anonymous Coward User ID: 50819642 Belgium12/05/2013 04:55 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 39902384 Canada12/05/2013 05:04 PM Report Abusive Post Report Copyright Violation | that makes governments tremble at the thought of the non transparency of currency Quoting: Dionysian Fullaflattus by the way, some researchers did dug into the public records of transactions, and found out that large amounts of the earliest mined coins were transferred to the late silk road. which makes the earliest adopters of bitcoin, if not the developpers, explicitly complicit in massive drug and arms trade. That would also apply to any paper currency only on a larger scale. The largest drug-money launderer is HSBC... go figure. That's fine, freedom of conciousness includes psychoactive substances for good or ill. The only relevant game changer is as noted above, the democratization of control. Like bitcoin, I'm not here as a lobbyist of any particular idea but the human experience. Cheers |
| Anonymous Coward (OP) User ID: 39902384 Canada12/05/2013 05:06 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 47638590 Canada12/05/2013 05:08 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 39902384 Canada12/05/2013 05:10 PM Report Abusive Post Report Copyright Violation | The original specification document was posted on a cyberphreak newsgroup in the 90s by 'Satoshi'. Quoting: Angry Hierophant All I know is...I have reviewed the source code, and its good. Damn good. Not only masterful c programming, but extraordinary knowledge of mathematics, cryptography, and algorithms. This is serious code, almost other worldly or at least military grade munitions. For one person to have come up with this, would make Einstein look like a tard. What can you add about nodal redundancy in the overall assymetric tact of ascribing ownership. I've only made a cursory review, but my assumption is that the algorhythm is canted towards variable check redundancy through each node and not necessarilly central or weighted centralized servers. |
| Anonymous Coward (OP) User ID: 39902384 Canada12/05/2013 05:12 PM Report Abusive Post Report Copyright Violation | Why would they want to decentralize US capital hegemony. Anarchists are a more likely venue and even more likely game theorists. it cannot stay decentralized forever. It can, intimidation can be displaced by multipartite agreements, but then we have internationalism, without the ability of centralization. I do like this herring. |
| John Nash User ID: 47152804 United States12/05/2013 05:23 PM Report Abusive Post Report Copyright Violation | |
