Bitcoin Satoshi => USD

Primecoin

Primecoin is an innovative cryptocurrency, a form of digital currency secured by cryptography and issued through a decentralized mining market. Derived from Satoshi Nakamoto's Bitcoin, Primecoin introduces an unique form of proof-of-work based on searching for prime numbers.
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Official Nyancoin Subreddit

Official NyanCoin Subreddit!
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Anyone has the reference where Satoshi said miners distibute, not create Bitcoin?

I think I read somewhere in recent CSW article where it says miners distribute Bitcoin. But when he talked about writing that miners distribute, did he mean as CSW or Satoshi?
submitted by haf_demon to bitcoincashSV [link] [comments]

Satoshi Era Bitcoin Miner Calls Craig Wright a Fraud Using “His” BTC Addresses

Satoshi Era Bitcoin Miner Calls Craig Wright a Fraud Using “His” BTC Addresses submitted by JuliusMoons to WorldWeeklyNews1 [link] [comments]

'We Are All Satoshi' Says Early Bitcoin Miner Calling out Craig Wright

'We Are All Satoshi' Says Early Bitcoin Miner Calling out Craig Wright submitted by n4bb to CoinPath [link] [comments]

Speculation Swirls Over the 2009 Bitcoin Miner, Satoshi Nakamoto?

submitted by cryptolobe to cryptolobe [link] [comments]

$DiegoSV 🇧🇷 on Twitter: "2020 marks the year that law comes to #Bitcoin — and all the copies, #Bitcoin miners (and exchanges) will follow court orders. If you want to argue that code is law, remember that the court can order code to be patched. Dr. Craig Wright (Satoshi Nakamoto) #BSV…

$DiegoSV 🇧🇷 on Twitter: submitted by thacypha to bitcoinsv [link] [comments]

Bitcoin founder, Satoshi Nakamoto, didn't foresee the Greed of Faux exchanges and Miners

Bitcoin founder, Satoshi Nakamoto, didn't foresee the Greed of Faux exchanges and Miners submitted by Cryptocove254 to Bitcoin [link] [comments]

Controversial Bitcoin Cash co-founder, Roger Ver, claims that Bitcoin has lost the original intent. The only thing Satoshi got wrong was not to put measures to counter the greed of miners and exchanges

Controversial Bitcoin Cash co-founder, Roger Ver, claims that Bitcoin has lost the original intent. The only thing Satoshi got wrong was not to put measures to counter the greed of miners and exchanges submitted by Kipyegonn to CryptoCurrencies [link] [comments]

Controversial Bitcoin Cash co-founder, Roger Ver, claims that Bitcoin has lost the original intent. The only thing Satoshi got wrong was not to put measures to counter the greed of miners and exchanges

Controversial Bitcoin Cash co-founder, Roger Ver, claims that Bitcoin has lost the original intent. The only thing Satoshi got wrong was not to put measures to counter the greed of miners and exchanges submitted by Kipyegonn to CryptoCurrencies [link] [comments]

03-21 14:25 - 'Not only this. Satoshi wanted a new BTC mine to be discovered in every 2140 years, which will reward 50 BTC to miners again followed by block halving in every 4 years. If I am not wrong, it was changed through a PR by u/p...' by /u/CPD_Project removed from /r/Bitcoin within 153-163min

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Not only this. Satoshi wanted a new BTC mine to be discovered in every 2140 years, which will reward 50 BTC to miners again followed by block halving in every 4 years. If I am not wrong, it was changed through a PR by pwuille.
'''
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submitted by removalbot to removalbot [link] [comments]

☕Aenco Chill☕Our Satoshi in Heaven! Bitcoin be thy name, ur miners come. Ur Blockchain is done, in Altcoins as it is in Ethereum. Give us our Lambos & daily Bull run. Forgive us our Fud, as we forgive those who panic sell against us. lead us not into Fomo, deliver us from fiat!

☕Aenco Chill☕Our Satoshi in Heaven! Bitcoin be thy name, ur miners come. Ur Blockchain is done, in Altcoins as it is in Ethereum. Give us our Lambos & daily Bull run. Forgive us our Fud, as we forgive those who panic sell against us. lead us not into Fomo, deliver us from fiat! submitted by Aencoin to Aenco [link] [comments]

Bitcoin History Part 21: Miners Pour One out for Satoshi

Bitcoin History Part 21: Miners Pour One out for Satoshi submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Bitcoin History Part 21: Miners Pour One out for Satoshi

Bitcoin History Part 21: Miners Pour One out for Satoshi submitted by n4bb to CoinPath [link] [comments]

Bitcoin History Part 21: Miners Pour One out for Satoshi

Bitcoin History Part 21: Miners Pour One out for Satoshi submitted by leftok to atbitcoin [link] [comments]

Bitcoin History Part 21: Miners Pour One out for Satoshi

Bitcoin History Part 21: Miners Pour One out for Satoshi submitted by raaner12 to Altcoinss [link] [comments]

I guess yet another evidence CSW is not Satoshi. The conclusion of the Bitcoin white paper is clear: miner don’t need to be identified. Yet somehow now “Satoshi” try to implement minerID....

  1. Conclusion We have proposed a system for electronic transactions without relying on trust. We started with the usual framework of coins made from digital signatures, which provides strong control of ownership, but is incomplete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power. The network is robust in its unstructured simplicity. Nodes work all at once with little coordination. They do not need to be identified, since messages are not routed to any particular place and only need to be delivered on a best effort basis. Nodes can leave and rejoin the network at will, accepting the proof-of-work chain as proof of what happened while they were gone. They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism.
submitted by Ant-n to btc [link] [comments]

10-08 00:23 - 'That's why Satoshi created the 10 minute confirmation time. It allows for all the miners to agree on the next block. Block orphaning is a non-issue with long confirmation times. / There are also new block propagation pro...' by /u/juliushenkin removed from /r/Bitcoin within 127-137min

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That's why Satoshi created the 10 minute confirmation time. It allows for all the miners to agree on the next block. Block orphaning is a non-issue with long confirmation times.
There are also new block propagation protocols like Avalanche that help with that non-issue.
'''
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submitted by removalbot to removalbot [link] [comments]

CoinGeek-sponsored Bitcoin Miners meeting unanimously supports Satoshi Vision

CoinGeek-sponsored Bitcoin Miners meeting unanimously supports Satoshi Vision submitted by GrumpyAnarchist to btc [link] [comments]

Satoshi quotes prove that the original bitcoin scaling plan was very clear from day one. And guess what ? it was not to have a centrally planned quota below market demand by the use of massive censorship and demonizing miners

An anonymous individual named Theymos controls the 2 main places where discussion happens: bitcointalkforums and bitcoin subreddit, and is known for censoring all discussion favoring certain improvement proposals mainly in the scaling debate. The mere fact that only 1 person can control and censor online social interactivity should be a big warning sign for any liberty minded individual.
I have no proof that this individual is linked to a certain company other than the fact that they both started to act in this space at about the same time, Blockstream was funded in 2014 and Theymos started censorship about rising the blocksize in 2015. Also note that the behavior of this individual serves the motives of the said company that explicitly explained that they plan on collecting fees on their own side-solution that the other (original) scaling solution would not allow them to collect.
The direction they are pushing is also allowing another company named Bitfury to de-anonymize transactions incredibly more easily. Bitfury and Blockstream have both supported the same path for bitcoin (segwit), and both profit from it or plan to do it.
The original scaling plan was however very clear, as per cited in the original whitepaper or satoshi himself:
The [current] cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions
= bitcoin is invented as digital cash for small casual transactions against the high-fees of the current system.
The proof-of-work also solves the problem of determining representation in majority decision making. If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote. [...] They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism
= proof of work is the only way to vote in the system = miners are to be trusted to choose the path of the network
We define an electronic coin as a chain of digital signatures.
= segwit destroys the very definition of bitcoin
With computer systems typically selling with 2GB of RAM as of 2008, and Moore's Law predicting current growth of 1.2GB per year, storage should not be a problem even if the block headers must be kept in memory
= Moore's Law ensures that we never reach a scaling limit
source for all of the above quotes: https://www.bitcoin.com/bitcoin.pdf
It can be phased in, like: if (blocknumber > 115000) maxblocksize = largerlimit It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don’t have it are already obsolete.
= satoshi wrote some code on how to prepare a hardfork to a bigger blocksize YEARS ago
“At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.” [...] Bitcoin generation should end up where it’s cheapest.
= satoshi envisioned asics, mining farms, and "specialized hardware" like asicboost, and that mining will end up in farms where it is cheap to mine
Bitcoin can already scale much larger than [Visa] with existing hardware for a fraction of the cost. It never really hits a scale ceiling.
satoshi in 2009, can it be any more clear ?
submitted by zhell_ to btc [link] [comments]

"CG/nChain announce Miner’s Choice initiative for BCH miners to lower minimums for fees and tx values. More choices for miners creates more options for users, and will spark faster adoption of Bitcoin Cash. Remove the current min. dust limit of 546 Satoshi. Accept some free tx's in ea block."

submitted by unstoppable-cash to btc [link] [comments]

Satoshi Consensus carefully limits the power of miners. When the world's biggest miner says: "we will continue mining empty blocks. This is the freedom given by the Bitcoin protocol" - while advancing BU, a protocol change that will give him *much* more power, we must take a clear stand against it.

Satoshi Consensus carefully limits the power of miners. When the world's biggest miner says: submitted by bahatassafus to Bitcoin [link] [comments]

Smart Miner mining on a house PC computta Earn Free Bitcoin Daily 216000 Satoshi

Smart Miner mining on a house PC computta Earn Free Bitcoin Daily 216000 Satoshi submitted by Rufflenator to 3bitcoins [link] [comments]

Happy 10th Birthday, Bitcoin! Can you find 🔎anything related to that date 🎂 at this work "Miner"? Hint: BTC core by Satoshi, genesis block. Good luck!

Happy 10th Birthday, Bitcoin! Can you find 🔎anything related to that date 🎂 at this work submitted by techbridge to Bitcoin [link] [comments]

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