bitcoin inventor photo

I won’t discuss anything in this post.I’m tired of discussing technical things with people with skewed opinions and monetary interest.I’ve talked enough in the Bitcointalk forum about Satoshi.Some people screamed at me.But a picture is worth a thousand words.And I will show pictures that everyone can replicate.Please forgive me for the awful image design.The graphs were made by a new block chain analysis technique I tested that consist on tracking the ExtraNonce fields in the coinbase field of the coinbase transaction, which is the one that creates bitcoins.As far as I know, is hasn’t been done before.In the following graphs each dot is the creation of 50 BTC.I have only analyzed and printed graphs from block 0 upto block 36288.I wonder what will I get when I process the remaining three years.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.

Note the X-Axis in the graphs is not time (as it’s said on the graph).It’s the block number (that’s a mistake).I don’t think there is a moral obligation not to publish this information since it’s already on public domain (the blockchain).Also Satoshi was completely aware of the poor anonymization capabilities of Bitcoin (a trade-off for performance and reduced bandwidth).Nevertheless, this lost of privacy could have been absent if random ExtraNonces had been used instead of incremental ones.So I could be thought as a Bitcoin privacy vulnerability for the miners.Disclaimer: I can’t assure with 100% certainty that the all the black dots are owned by Satoshi, but almost all are owned by a single entity, and that entity began mining right from block 1, and with the same performance as the genesis block.It can be identified by constant slope segments that occasionally restart.Also this entity is the only entity that has shown complete trust in Bitcoin, since it hasn’t spend any coins (as last as the eye can see).

I estimate at eyesight that Satoshi fortune is around 1M Bitcoins, or 100M USD at current exchange rate.I’m sure there will be plenty of people that will carefully analyze the source data set and come up with the exact figure, which will be very close, but nevertheless they will scream at me again.The vertical lines in the graph below were added by me, to show when the mining application is restarted, approximately every 100 hours, probably to backup the wallet.One of the consequences of these graph is that if the real name of the sender of a single transaction belonging to the entity is identified, then Satoshi mystery identity will be revealed.I bet that this will happen in the days following this post.These are the tools and assumptions I made: 1.I used the file boostrap,dat, I assume that boostrap.dat contains only the best chain (not orphan blocks) 2.I only take into account coinbase transactions.I’ve assumed that if a coinbase output is spent, then none of the spent coins went back to Satoshi.

Note that from the 1814400 BTC awarded, 1148800 BTC has never been spent (63%).I suppose (but have not checked it yet) that these are exactly the segments that belong to the mystery entity, If someone wants to check my computations, is welcomed, because I used a special block chain parser made by myself with little testing.If anyone wants the source data set, is here Upto36288.If you like my work and want to encourage me in researching further you can donate to this address: 17mcFB7Xyymd9hxp2bgNPz1ruWsdoPoCnZ Edit: For comparison, here is the same diagram but using time (instead block number) in the X-axis.
ethereum price usd historyNote that the slopes are now completely coherent.
bitcoin value in rupeesYesterday, within an hour of each other, Wired and Gizmodo each presented evidence suggesting that Satoshi Nakamoto, the pseudonym of the Bitcoin creator, who owns an amount of bitcoins described as a “nine-figure fortune,” may be an Australian computer programmer and entrepreneur named Craig Steven Wright.
bitcoin et banque de france

Each presented extensive quotes from documents Gizmodo is reported to have received from someone close to Wright in November, as well as other evidence.In November, Nakamoto, or whoever was his behind the pseudonym, was nominated for a Nobel Prize by Bhagwan Chowdhry, as reported by the Inquisitr.It was decided that he was “ineligible” due to his identity being unknown.Whether recent revelations may change this eligibility in the future remains to be seen.
poland vps bitcoinThough Australian authorities are reporting that it is not related to the articles published yesterday, Craig Steven Wright’s home was raided within hours of the unveiling of the potential Bitcoin founder’s identity.
major bitcoin atm roll-out on the wayOne thing is for sure, either Craig Steven Wright is Satoshi Nakamoto or he isn’t.
litecoin india wallet

In addition to what can only be described as a mountain of evidence pointing to Wright as being the Bitcoin creator, Wired uncovered edits to his blog that might indicate otherwise.Wright’s social media presence, much of which has now been deleted or made private, was reported to have lent credence to the theory.Is Craig Steven Wright the real #SatoshiNakamoto, founder of #bitcoin?/ITqXucJAXJ — Digital Trends (@DigitalTrends) December 9, 2015 In 2013, the owner of a blog, believed to be Wright, made edits to posts presented to appear as being made just before the January 2009 launch of Bitcoin.
bitcoin market cap explainedThe editor added text regarding a “cryptocurrency paper” as well as “triple entry accounting,” which both are logical pre-Bitcoin ways to describe the theory behind the cryptocurrency before it was widely understood.
bitcoin bip

Wired concedes that the edits may have been restorations of posts that truly were made just prior to the Bitcoin launch.Further, much of the evidence presented with regard to Wright came from “an anonymous source” and the documents they provided have yet to be verified.The sheer volume of documents suggests legitimacy in the Craig Steven Wright Bitcoin founder theory; it appears that if he is not the creator of Bitcoin, either he or someone else wants the world to believe he is.
litecoin asic miner 2017“I am not from the bloody USA!Nor am I called Dorien [sic],” a leaked e-mail quoted Wright as stating with regard to a now discredited March 2014 Newsweek story that stated that Dorian Nakamoto, a Californian, was in fact the creator of Bitcoin.“I do not want to be your posterboy.I am not found and I do not want to be,” another e-mail purported to have been written by Wright was quoted.“A gift freely given is just that and no more!”

Wright is described as being “a strange and remarkable person.” It appears that he may waiver on whether he wants to be found and concede that someone who has created a fortune that was valued at over $1 billion at one point cannot stay hidden for long.The price of bitcoins is trading, and appearing to stay, above $400 for the first time since late 2014, according to Coindesk.A vast cache of 1.1 million bitcoins sits in the block chain, visible to users, long believed to belong to Satoshi Nakamoto, now possibly being linked to Wright.Reportedly, a trust fund agreement has kept the bitcoins from being sold until 2020.Under the agreement, Wright is said to be permitted to borrow them for research and activities that “enhance the value and position of bitcoin.” Some in the Bitcoin community are said to harbor concerns that once the 2020 lock-up expiration is reached, if Wright decides to sell them, the value of bitcoins could fall significantly.Since the maximum number of bitcoins that will ever be mined will be 21 million, Wright’s 1.1 million bitcoins stake would seem to have the potential to dampen the market value.