Satoshi Nakamoto moves his 6.5 yr old bitcoins(blockchain.info) |
Satoshi Nakamoto moves his 6.5 yr old bitcoins(blockchain.info) |
https://btc.blockr.io/address/info/12c6DSiU4Rq3P4ZxziKxzrL5L...
edit:// Reddit has more info: http://www.reddit.com/r/Bitcoin/comments/3frht4/satoshi_naka...
Can we get this HN thread hidden? Or at least the title updated?
Biteasy: https://www.biteasy.com/blockchain/addresses/12c6DSiU4Rq3P4Z...
Blockr: https://btc.blockr.io/address/info/12c6DSiU4Rq3P4ZxziKxzrL5L...
Blocktrail: https://www.blocktrail.com/BTC/address/12c6DSiU4Rq3P4ZxziKxz...
WalletExplorer: https://www.walletexplorer.com/wallet/1cd472673f5a7d4f?from_...
The genesis block is block 0, and the coins in those transactions in question were from block 1 through 5.
Go to:
https://blockchain.info/en/address/12c6DSiU4Rq3P4ZxziKxzrL5L...
Scroll down to the bottom, where you will see:
https://blockchain.info/tx/0e3e2357e806b6cdb1f70b54c3a3a17b6...
That is the genesis block.
(Well, OK, that's the transaction contained in the genesis block. The Genesis block itself is https://blockchain.info/block-index/14850)
> Also how do you know it is Sataoshi's?
Because he was the only one mining when bitcoin launched.
I'd hold off on the news until it's been confirmed.
Edit: Others have checked and can't find any of these transactions in the blockchain. Either a blockchain.info bug or hack at this point. Nothing has moved.
That didn't even cause the lowest trading price of the past 24 hours.
If it's just 15k, it's not a biggie, apart from the news that he's alive (or at least, that somebody has control of some of his wallets).
I say, "his", since we don't know who the creator is, could be a group of people, might not be a man.
Technically, we do not know that, we can only assume it.
There is no evidence that the person or persons known as Satoshi have ever mined coins on the mainnet.
Bitcoin private keys are 256bit ECDSA keys. The largest key (publically broken) of this type is ~114bit PS3 hardware key which took 17 months on ~2600 systems.
Reference: https://en.wikipedia.org/wiki/Elliptic_curve_cryptography#Ke...
Does this ledger ever get rolled up? I thought something like that was part of the system. Otherwise you'd have an ever growing transaction log and the system would fail eventually, wouldn't it?
I specifically addressed this misunderstanding in this talk: https://www.youtube.com/watch?v=Twynh6xIKUcat 38:48 while explaining this work: https://people.xiph.org/~greg/confidential_values.txt
You can think of it this way: When you sign a message you prove knoweldge of a private key (discrete log of a particular public key). Everyone can verify the signature, and yet they do not learn anything about the private key they didn't know before seeing the signature.
There is no conflict between verifyability and privacy.
It seems plausible that fully homomorphic encryption will eventually enable a practical and fully anonymous cryptocurrency, but nobody has figured out how yet. Also, even without FHE, maybe someone will figure out how to make a Bitcoin-style public-ledger system that somehow uses Chaumian blinded keys instead of ditching anonymity entirely.
Incidentally, the genesis block reward is unspendable. It's not really known if that was intentional or a bug in the initial implementation, but the rule persists.
https://blockchain.info/block/000000000019d6689c085ae165831e...
We have no evidence that that is true, however it is widely speculated and believed to be so.
And it is false, many other people mined during that time and lost keys (myself included).
As in "this plane has no wings" - "that's minor"
https://twitter.com/maraoz/status/628614596618813440 confirms it's a fake.
Since pruning support was added, a full node no longer needs to have the full blockchain. In situations where storage is limited, you simply need enough for verifying new blocks.
Many nodes will still keep the full transaction history, though there is no requirement to for bitcoin to function. As long as there is interest in looking at old transactions, people will hold on to that old data.