Satoshi Nakamoto news-Page 14
Satoshi Nakamoto Apparent Author of Two Upcoming Books on Amazon
Two different books published under Satoshi Nakamoto’s name have recently appeared on Amazon. According to Amazon, both of the books — Wave and Ripple Design Book and The Official Bitcoin Coloring Book — are scheduled for release on June 28. The profile of the author makes it clear that he indeed claims to be the same Satoshi Nakamoto who created bitcoin (BTC): “Satoshi Nakamoto is the renowned inventor of Bitcoin.” The author’s profile also states that “100% of his book royalties to support STEM and environmental education programs serving underprivileged youth.” The store descriptions of the books themselves seemingly contain …
Bitcoin / June 20, 2019
What Is a Satoshi, the Smallest Unit on the Bitcoin Blockchain?
From paying for pizza with satoshi (SAT) on the Lightning Network to the 10,000 satoshis being added to the Lightning Torch each time it is passed, down to the 1 sat/byte rate on the bitcoin SV network, SAT is being used more and more in blockchain and crypto conversations. The satoshi is the smallest unit that is recorded on the bitcoin blockchains: One satoshi represents a decimal, seven zeros and a 1, followed by any of the bitcoin tickers — i.e., bitcoin (BTC), bitcoin SV (BSV) or bitcoin cash (BCH). In other words, 0.00000001 or 1.0 * 10-8, in scientific …
Bitcoin / June 9, 2019
Satoshi Posers — Why So Many Takers for the Bitcoin Crown?
The real identity of Bitcoin’s founder, Satoshi Nakamoto, has been a mystery since the inception of the preeminent cryptocurrency over a decade ago. Over the last 10 years, various people have claimed to be the mysterious Satoshi, but their assertions have always been met with skepticism and have lacked any substantial evidence to prove the point. This has seemingly come to a head over the last couple of months, as a number of people have gone a step further than claiming to be Bitcoin’s founder by filing copyright and trademark claims to the original Bitcoin white paper and the early …
Bitcoin / June 7, 2019
John McAfee To Roll Out ‘Freedom Coin’ Cryptocurrency This Fall
Crypto enthusiast, bitcoin (BTC) bull, antivirus software namesake and 2020 United States presidential campaigner John McAfee is releasing his own independent cryptocurrency, according to an official Twitter post on May 29. According to his website on the announced cryptocurrency, the “McAfee Freedom Coin” will roll out some time this fall. The McAfee Freedom Coin appears to aim for total isolation and independence from traditional currencies, assets and exchanges in an effort to reach “the Holy Grail of cryptocurrency — economic freedom.” According to McAfee, these are the desired properties of the new cryptocurrency: “What is needed is a coin disconnected …
Bitcoin / June 3, 2019
Fake News Circulating in China Suggested to Be Responsible for Bitcoin SV Price Surge
Co-founder of cryptocurrency investment holding firm Primitive Ventures Dovey Wan suggested that fake news circulating in China may be responsible for yesterday’s bitcoin sv (BSV) price surge. Wan posted about the fake news in a tweet on May 29. According to Wan, a screenshot circulating on Chinese social media showed a fake article about self-proclaimed bitcoin creator Craig Wright having transferred 50,000 bitcoin (BTC) from the biggest bitcoin wallet in existence to cryptocurrency exchange Binance. According to the report, the transfer would be proof that Wright is Satoshi Nakamoto and created bitcoin. The fake report posted by Wan also claims …
Bitcoin / May 30, 2019
Chinese Citizen Wei Liu Also Claims US Copyright for Bitcoin White Paper
Official United States copyright archive data shows that Wei Liu, a Chinese citizen residing in California, claimed copyright to bitcoin’s (BTC) white paper on May 24. In the filing, Liu claims to have published the bitcoin white paper on Jan. 11, 2008, under the pseudonym of Satoshi Nakamoto, with the title “Bitcoin: A Peer-to-Peer Electronic Cash System.” Earlier this month, self-proclaimed Satoshi Craig Wright also filed United States copyright registrations for the same paper and most of the original code used to build bitcoin. Cointelegraph has not been able to determine who Wei Liu is or the reasoning behind the …
Copyrights / May 30, 2019
Hodler’s Digest, May 20–26: Top Stories, Price Movements, Quotes and FUD of the Week
Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Copyright Registrations Do Not Recognize Craig Wright as Satoshi Nakamoto Although self-proclaimed Satoshi Nakamoto Craig Wright, an Australian computer scientist, filed United States copyright registrations for the bitcoin white paper and the bitcoin (BTC) source code, that does not mean that the U.S. Copyright Office recognized Wright as Nakamoto. A spokesperson for Wright had …
Bitcoin / May 26, 2019
Staking Claim on Bitcoin — Does Craig Wright’s Copyright Filing Hold Legal Merit?
Bitcoin SV (BSV) has had a big week. On Tuesday, its price jumped by just over 110%, leaping from about $62 at 1:14 p.m. UTC to $132 an hour later. Given that BSV had been having a rough time in the previous month, with a number of high-profile delistings, this dizzying price rise must have come as a relief to the supporters of the cryptocurrency and the company that created it — nChain. And while explanations for sudden market shifts are often hard to come by in the cryptocurrency industry, some within the media pinned BSV's abrupt climb on the …
Bitcoin / May 24, 2019
Copyright Registrations Do Not Recognize Craig Wright as Satoshi Nakamoto
Copyright registrations for the Bitcoin white paper and the bitcoin (BTC) source code by the United States Copyright Office do not mean that Australian computer scientist Craig Wright is recognized as Satoshi Nakamoto by the government, the Financial Times reported on May 22. The development follows news that Wright filed copyright registrations for the Bitcoin white paper authored under the pseudonym Satoshi Nakamoto. A news release from May 21 claims that U.S. officials received confirmation that Wright is indeed Satoshi Nakamoto, but the news has been met with skepticism from the crypto community. A spokesman for Wright told the Financial …
Bitcoin / May 22, 2019
Self-Proclaimed Satoshi Craig Wright Files US Copyright Registrations for BTC White Paper
Craig Wright has filed United States copyright registrations for the Bitcoin (BTC) white paper authored by Satoshi Nakamoto. Court documents show that the U.S. Copyright Office has registrations with Wright as the author of the white paper, as well as most of the original code used to build Bitcoin. The Australian entrepreneur has long claimed to have written the cryptocurrency blueprint under the pseudonym. A news release from May 21 claims that U.S. officials have received confirmation that Wright is indeed Satoshi Nakamoto, but the news has been met with skepticism from some crypto commentators. Jerry Brito, executive director at …
Bitcoin / May 21, 2019
US Court Orders Craig Wright to Provide Bitcoin Ownership Records
The United States District Court of the Southern District of Florida issued an order on May 3 requiring self-proclaimed Satoshi Nakamoto Craig Wright to produce a list of his public bitcoin (BTC) addresses. The order is part of an ongoing case against Wright filed by the estate of computer scientist David Kleiman, which claims that Wright stole hundreds of thousands of BTC. The coins were worth over $5 billion dollars in February last year, when Kleiman’s estate first sued Wright. The order illustrates a number of the plaintiffs’ requests. They ask the court to order Wright to produce a list …
Bitcoin / May 6, 2019
Stablecoins, Explained
Can stablecoins achieve true decentralization? Certain providers believe they have struck a compromise. Some stablecoin advocates are concerned that pegging a cryptocurrency directly to the U.S. dollar means that it must inevitably have ties to the U.S. banking system. This means that they have to rely on a centralized infrastructure — something Satoshi Nakamoto wanted to avoid when he set out his vision more than a decade ago. Equilibrium says it has managed to address this pitfall by ensuring that its stablecoin, EOSDT, is overcollateralized above 170 percent. This is achieved by ensuring that one unit of EOSDT is equal …
Adoption / April 30, 2019