Published innChain·May 5, 2020Money Is Time and EnergyRead the full article and more on my personal blog here. Many falsely believe that by simply producing more money or redistributing it, we would all suddenly have more wealth. It can come in multiple formats: it can be in the form of cash or alternative instruments, which we see…Money9 min readMoney9 min read
Published innChain·Apr 23, 2020The History of Freezing in BitcoinRead the full article and more on my personal blog here. The solution to problems with crime and money laundering always existed within Bitcoin. In the white paper itself, it is explained many times that attackers could be controlled by honest nodes. When I launched Bitcoin, I had not yet…Blockchain8 min readBlockchain8 min read
Published innChain·Apr 16, 2020As an Autistic Savant…Read the full article and more on my personal blog here. Everything in life comes with trade-offs. Something that few people understand is part of understanding who I am for myself. I have Asperger’s, or, as they call it now, autism spectrum disorder (ASD). Unlike some people, I’m lucky in…Bitcoin4 min readBitcoin4 min read
Published innChain·Apr 2, 2020Satoshi NEVER Posted on BitcointalkRead the full article and more on my personal blog here. It is a myth that all the posts on Bitcointalk (bitcointalk.org) from my account (Satoshi) are in fact mine and have not been edited or changed and that the login on the website belongs to me. Satoshi (I) never…Bitcoin3 min readBitcoin3 min read
Published innChain·Mar 27, 2020The Property Flaw of LightningRead the full article and more on my personal blog here. Segregated Witness (SegWit) was said to be introduced to stop purported errors caused by malleability. The truth of the matter is that it was introduced as a means of producing the Lightning Network (short: Lightning) protocol and changing Bitcoin…Property6 min readProperty6 min read
Published innChain·Mar 24, 2020Satoshi and the Byzantine GeneralsRead the full article and more on my personal blog here. Before I launched Bitcoin, I had been discussing how the proposed system would work. [1] Many people have failed to read my white paper and assumed that Bitcoin is a voting system that allows rules by consensus where every…Bitcoin7 min readBitcoin7 min read
Published innChain·Mar 18, 2020Ledgers and DesignRead the full article and more on my personal blog here. Bookkeeping and accounting journals used within double-entry bookkeeping require write once read many (WORM) tables. Any accounting is posted entry is required to be write-only, with the database being set to ensure the read-only nature of posted entries. Accountants…Double Entry Bookkeeping12 min readDouble Entry Bookkeeping12 min read
Mar 2, 2020Binance: The Untrusted IntermediaryRead the full article and more on my personal blog here. Today, as I have done in the past, I set up a number of accounts with Binance based only on the verification of email addresses. As was the case with Liberty Reserve, which would then, in 2013, be shut…Blockchain5 min readBlockchain5 min read
Published innChain·Feb 24, 2020On DecentralisationRead the full article and more on my personal blog here. In a recent statement by SEC Commissioner Peirce, it was explained: A second area of concern is the lack of a bright-line test for whether a token is a security at the end of three years. To avoid the…Decentralization4 min readDecentralization4 min read
Feb 22, 2020The High Priests of “crypto” and the dogma warsDogma I have read several posts about myself that have been produced right up to recently stating that I should be forced to go to court to face charges of identity theft. …5 min read5 min read