12 Years Ago Today, Bitcoin’s Satoshi Nakamoto Dropped His Final Message

12 Years Ago Today, Bitcoin’s Satoshi Nakamoto Dropped His Final Message
ôîòî ïîêàçàíî ñ : zycrypto.com

2023-4-25 22:43

On April 23, 2011, the enigmatic creator of Bitcoin, Satoshi Nakamoto, sent his final emails to fellow developers in which he made it clear he had “moved on to other projects,” at the time handing over a cryptographic key he had used to send network-wide alerts.

Fast forward to April 2023, and the Bitcoin story is, in many ways, still just starting. 

The Message From Satoshi Nakamoto

12 years ago, the pseudonymous Bitcoin founder penned one of the final correspondences with a friend. The mysterious creator conveyed in his final email that they had “moved on to other things” and confidently proclaimed that the Bitcoin project was entrusted in “good hands” with software developer Gavin Andreesen and “everyone”. Notably, nobody has been able to track down the projects that Nakamoto moved to ever since.

After handing over control of the Bitcoin source code repository to Gavin, Satoshi Nakamoto completely disappeared from the public eye.

As projected, Bitcoin has evolved from an obscure, esoteric project to a trillion-dollar decentralized financial behemoth in the years since its creator’s departure.

Now heralded by governments, politicians, financial institutions, and corporations, the flagship cryptocurrency is in the midst of a mainstream moment. Yet, Satoshi’s identity remains a mystery, and their BTC stockpile of over 1 million remains unmoved. 

Australian entrepreneur Craig Steve Wright is mired in a protracted legal fight that hinges on his being able to access crypto wallets allegedly belonging to Satoshi. Multiple pieces of evidence claiming to strengthen Wright’s claim, including PGP keys, have been disputed, and many in the community are unconvinced that he is the pseudonymous creator.

Pressure To Change Bitcoin Code

Though Bitcoin has yet to live up to all the tenets of Satoshi’s original 2008 white paper, its established monetary policy has made it an appealing store of value for investors.

Nonetheless, a section of industry pundits has made calls to change Bitcoin’s code. Chris Larsen, the billionaire founder of Ripple, for instance, backed a controversial campaign to persuade the Bitcoin community to alter the network’s existing code and remove its proof-of-work (PoW) algorithm, which requires miners to solve complex puzzles to validate transactions and secure the network, in favour of the less energy-intensive proof-of-stake (PoS) consensus mechanism. Ethereum, the second-largest cryptocurrency by market value, executed this change, which resulted in a 99.9% reduction in total energy use.

Although Bitcoin’s environmental impact has been a subject of debate for years, Larsen’s proposal to follow Ether’s footsteps and change the system designed by Satoshi Nakamoto was strongly rejected by Bitcoiners.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Nakamoto Dark (NKT) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Äîñòóïíî / Âñåãî 0 NKT

had final satoshi bitcoin nakamoto projects moved

had final → Ðåçóëüòàòîâ: 72


Mt Gox Creditors Approve Rehabilitation Plan, Order to Become Final Next Month

The rehabilitation trustee Nobuaki Kobayashi for the defunct cryptocurrency exchange Mt. Gox said this week that creditors had approved a plan to distribute over $9 billion worth of Bitcoin. According to the announcement, creditors can elect to receive about 90% of the crypto assets owed to them under the proposal approved by the majority of […] The post Mt Gox Creditors Approve Rehabilitation Plan, Order to Become Final Next Month first appeared on BitcoinExchangeGuide.

2021-10-21 19:38


Ôîòî:

“Ethereum Is A Continuation Of Satoshi’s Vision”, Says Vitalik As Final Medalla Testnet For ETH 2.0 Launches

The Ethereum development team successfully launched the final Multiclient Medalla Testnet for Phase O (Beacon Chain), on 4th August and right on schedule. This follows a recent update by Ethereum developer Terence Tsao who said the Medulla genesis state had achieved over 20,000 validators across its five clients; Lighthouse, Prsym, Teku, Nimbus and Lodestro. An […]

2020-8-5 00:40


Ôîòî:

Confirmed: Cardano’s (ADA) Long-Awaited Shelley Mainnet to Go Live After Successful Final Weekend Tests

The much-awaited Cardano (ADA) mainnet, Shelley, goes live later this week on July 29, founder Charles Hoskinson confirmed earlier today. Much-Awaited Launch In an announcement, IOHK – the parent firm of public blockchain Cardano – said it had successfully completed final tests over the weekend and gave the go-ahead on the Shelley hard fork.

2020-7-27 19:00


Ôîòî:

Satoshi’s Final Messages Leave Tantalizing Clues to His Disappearance

Maybe the smartest thing Satoshi did after creating Bitcoin was to disappear. The question isn’t ‘why did Satoshi disappear?’ but rather ‘why then?’ Was Satoshi’s departure in early 2011 scheduled long in advance, or did unforeseen events compel Nakamoto to pack his bags and flee the community he had founded, never to return? Several credible […] The post Satoshi’s Final Messages Leave Tantalizing Clues to His Disappearance appeared first on Bitcoin News.

2019-10-30 19:30


Bitcoin’s dominance rises to 70%, despite anchoring $100 billion market drop

Bitcoin ain’t down and out yet. With the fourth and final quarter of the year beginning on such a low, perspective matters. During the close of the third quarter of the year, the price of Bitcoin, which had never dipped below $9,000 since June, shaved over 15 percent of its value and closed September at […] The post Bitcoin’s dominance rises to 70%, despite anchoring $100 billion market drop appeared first on AMBCrypto.

2019-10-10 11:30


Ôîòî:

Binance Will Pay Users $220K To Test Its Bitcoin Futures Platforms

Cryptocurrency exchange Binance is planning to pay users to decide how its new Bitcoin futures trading platform should operate. Binance: Two Platforms, 100,000 BNB In a blog post issued on September 2, the exchange said it had created two standalone versions of a futures trading platform, and would select the final option via a user competition.

2019-9-3 15:51


Sacrilegious Binance Reorg Would ‘Erode’ Bitcoin: Blockstream

By CCN: Blockstream CEO Adam Back told the What Bitcoin Did podcast that the block reshuffling proposed by Binance CEO Changpeng Zhao would raise “geopolitical issues” had it been attempted. Accept That Bitcoin Is Final Back explained why the idea of a chain reorganization as a means to punish hackers or rescue lost bitcoins is a terrible idea.

2019-5-15 12:25


Ethereum [ETH]: Serenity has not been delayed by even a single day, claims Vitalik Buterin

Vitalik Buterin, the Creator of Ethereum, recently spoke about the development surrounding Ethereum 2.0, the final stage of Ethereum, on a Reddit thread dedicated to him. Yagan, a Redditor, stated that Vitalik Buterin had proved that he was “determined to move forward as a person and as a leader” irrespective of the FUD surrounding Ethereum […] The post Ethereum [ETH]: Serenity has not been delayed by even a single day, claims Vitalik Buterin appeared first on AMBCrypto.

2019-4-16 23:30


Dow Recovers After Brutal Plunge as Recession Fears Weigh on Stock Market

The Dow pared losses Monday, while the broader U. S. stock market extended its slide after an inverted yield curve stoked fears of an impending recession for the world’s largest economy. Dow Recovers; S&P 500, Nasdaq Continue Lower All of Wall Street’s major indexes opened lower at the start of the week, reflecting a tepid pre-market session for Dow futures.

2019-3-26 22:00