Satoshi Nakamoto news-Page 3
Crypto mainstream adoption: Is it here already? Experts Answer, Part 2
Yaniv Tal of The Graph Yaniv is the co-founder and CEO of Edge & Node and a co-founder of The Graph, a decentralized indexing protocol used by blockchains such as Ethereum. Mass awareness of crypto and Web3 has already started. Celebrities, mainstream media and even the U.S. government are all talking about crypto. The next stage is for usage to exceed speculation, which we see coming very soon. As the Web3 stack solidifies, better applications will become possible with network effects around composable data that will launch Web3 into widespread use. These quotes have been edited and condensed. The views, …
Decentralization / Dec. 23, 2021
Dormant Bitcoin wallet holding 321 BTC activated after eight years
A Bitcoin wallet containing millions of dollars worth of Bitcoin (BTC) has come out of dormancy. For one reason or another, the wallet has not transacted for years despite having what is considered life-changing money. The wallet had not been used since 2013, barely a few years after the mysterious Bitcoin creator Satoshi Nakamoto disappeared. The wallet currently contains $15 million worth of BTC and it's unclear who owns this account or why it has just been reactivated today. The wallet has 321 BTC. After 8.8 years, the value of this cryptocurrency has increased from $6,594 to a staggering $15,103,046. …
Bitcoin / Dec. 21, 2021
Crypto mainstream adoption: Is it here already? Experts Answer, Part 1
Yat Siu of Animoca Brands Yat is the executive chairman and co-founder of Animoca Brands, which delivers digital property rights to the world’s gamers and internet users, thereby creating a new asset class, play-to-earn economies and a more equitable digital framework contributing to the building of the open Metaverse. “Although we are still at a relatively early stage of the blockchain adoption curve, we are well on the way to reaching the early majority category sometime in 2022. This is being led by NFT gaming and the GameFi movement. As more game developers get involved and higher-quality game projects become …
Decentralization / Dec. 19, 2021
Only 10% of Bitcoin supply left to mine
Total circulating Bitcoin (BTC) hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90% of the maximum total supply has been mined. Current data from Blockchain.com shows Bitcoin in circulation hit 18.899 million as of Dec. 13, meaning only 10% of the total supply is left to mine. While the first 90% of BTC took about 12 years to mine, the rest will take a little longer. Bitcoin has a hard cap of 21 million coins set by its anonymous creator Satoshi Nakamoto. This limitation is written in Bitcoin's source code …
Blockchain / Dec. 13, 2021
Inside the blockchain developer’s mind: Blockchain consensus, Part 1
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the “crises” that are holding back blockchain adoption: upgradeability, scalability, and governance. This series is focused on the consensus algorithm: part one is about proof-of-work, part two is about proof-of-stake and part three is about proof-of-burn. In this article, I want to leverage my unique perspective …
Technology / Dec. 5, 2021
Was the first reply to the Bitcoin White Paper Satoshi himself? In-depth theory
Ever since Satoshi Natamoto, the anonymous inventor of Bitcoin, disappeared in 2011 there has been no shortage of theories about his identity. Hal Finney, Dorian Satoshi Nakamoto, Nick Szabo and Craig Wright have all be cited as possible contenders (even if CSW is the main person pushing that last theory.) Now, after months of research Quantum Economics’ Director of Gamefi Research Gerald Votta thinks that he has found the answer to Satoshi’s true identity — Canadian cryptographer James A. Donald. In a new research article piece on Nov. 17 Votta outlined intriguing circumstantial evidence he believes proves the link. Donald …
Bitcoin / Nov. 18, 2021
What is the worst nightmare that could happen to crypto? Experts answer
Tim Draper of Draper Associates and Draper Fisher Jurvetson: Tim is a pioneer of business ventures in the United States and a co-founder of Draper Fisher Jurvetson, a leading investment firm in early-stage tech startups. “I am fearless long-term. Bitcoin is coming. Short-term, it is spooky that some people are willing to give up this gift of freedom and trust in favor of government controls. Government controls have destroyed a lot of people’s lives and freedoms.” These quotes have been edited and condensed. The views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or …
Decentralization / Oct. 31, 2021
Bitcoin white paper turns 13 years old: The journey so far
The 13th birthday of the Bitcoin (BTC) white paper has crept up just as the world continues to deal with a global pandemic, inflation fears, an astounding memecoin mania trend and growing institutional adoption of the cryptocurrency space. On October 31, 2008, Satoshi Nakamoto released the Bitcoin white paper to a cryptography mailing list hosted by Metzdow. The Metzdow mailing list was run by a group of cypherpunks and was filled with ideas meant to create a form of digital currency: some of these have even been cited in the Bitcoin white paper. Satoshi’s white paper came in a message …
Adoption / Oct. 31, 2021
Anyone who studies Bitcoin ends up investing in it, says Scaramucci
Investors who study Bitcoin (BTC) carefully are eventually convinced to own a stake in the cryptocurrency, according to SkyBridge Capital CEO and founder Anthony Scaramucci. In a Monday interview with CNBC’s Capital Connection, Scaramucci — who also served a 10-day stint as President Donald Trump's communications director — urged investors to “do the homework on Bitcoin” and “understand what it is.” He also suggested that investors read the white paper written by anonymous Bitcoin creator Satoshi Nakamoto. Understanding Bitcoin inevitably leads to growing adoption as many prominent investors around the world realize the potential of the cryptocurrency, Scaramucci said: “Anybody …
Adoption / Oct. 25, 2021
Early meeting of E-Gold founders may hold clue to Satoshi Nakamoto’s identity — Peter Thiel
PayPal co-founder and billionaire venture capitalist Peter Thiel believes he may hold a clue on how to find Satoshi Nakamoto, Bitcoin’s (BTC) pseudonymous creator who disappeared two years after mining the cryptocurrency’s genesis block in January 2009. His theory stems from an early meeting of E-Gold founders in February 2000, where roughly 200 people coalesced around a beach in Anguilla to devise a strategy for promoting a new currency system that could challenge central banks. E-Gold was a digital gold currency that folded in 2007 after its founders were indicted by the United States Justice Department. “I met them on …
Bitcoin / Oct. 21, 2021
The crypto industry royally screwed up privacy
Privacy is a complicated topic. Few would argue that privacy is not important. It’s generally more interesting to talk about things that are disputable. So, the limited arguments against privacy actually make it somewhat boring to discuss and easy to take for granted. As Edward Snowden famously said: “Arguing that you don't care about privacy because you have nothing to hide is like arguing that you don't care about free speech because you have nothing to say.” However, what if your privacy is not a priority? What if your privacy is not guaranteed? What if everything you do is under …
Adoption / Oct. 17, 2021
Bitcoin.org goes offline after suffering scam attack
Bitcoin.org, one of the first websites about Bitcoin (BTC), has been hacked by online scammers and down as of the time of writing. Cobra, Bitcoin.org’s anonymous curator, announced on Sept. 23 that Bitcoin.org was compromised, with hackers managing to put up a scam notice on the site. “Looks like Bitcoin.org got hacked and the entire site replaced with a scam asking for free Bitcoin. Do not send funds to that address,” Bitcoin developer Matt Corallo reported on Twitter. Following a query from Corallo, Namecheap temporarily disabled the website. According to Cobra, the Bitcoin.org website “may be down for a few …
Bitcoin / Sept. 23, 2021