Satoshi Nakamoto news-Page 2
Shiba Inu founder deletes social media posts, steps down from community
Pseudonymous Shiba Inu (SHIB) founder Ryoshi has walked away from the community after deleting all of their Tweets and blog posts this week. Similar to the Bitcoin (BTC) founder Satoshi Nakamoto, Ryoshi’s identity has remained unknown since the project launched in August 2020. Additionally, they have also held a hands-off approach to the memecoin, much like Dogecoin (DOGE) founders Billy Markus and Jackson Palmer. Lead developers such as Shytoshi Kusama have stated that the project will carry on and continue to “actualize Ryoshi’s vision and plan for this grand experiment” of building a decentralized memecoin ecosystem. Ryoshi has hinted on …
Blockchain / May 31, 2022
3 red flags that signal a crypto project may be misleading investors
Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping to establish the network, then vanishing without so much as a trace. Over the years, the crypto ecosystem has seen many developers and protocol creators rise in stature to become crypto messiahs for faithful holders who eventually have their best-laid plans end in catastrophe when the protocol is hacked, rugged or abandoned by whimsical developers. 2022 is hardly halfway complete and the year has already seen a particularly bad stretch of good intentions gone awry, which have collectively helped …
Nft / May 20, 2022
Happy birthday, Hal Finney: Crypto community honors world's first known Bitcoiner
Finney was also the first person to publicly run Bitcoin (BTC), going down in the annals of crypto Twitter history with a famous tweet that often resurfaces. Raise a glass to the world’s first Bitcoiner Wednesday. Hal Finney, the first person to receive a Bitcoin transaction from none other than Satoshi Nakamoto would have celebrated his birthday Wednesday. Running bitcoin — halfin (@halfin) January 11, 2009 On Bitcointalk.org, Hal Finney explained that when Satoshi first released the software, he “grabbed it right away.” “I think I was the first person besides Satoshi to run Bitcoin. I mined block 70-something, and …
Adoption / May 4, 2022
‘How I met Satoshi’: The mission to teach 100M people about Bitcoin by 2030
Dušan Matuska is — among many other things — a Bitcoin educator and consultant. The Slovak’s dream is to educate 100 million people about Bitcoin by 2030 through talks, podcasts, webinars, workshops and even a Bitcoin education center in a far-flung destination (plans are currently under wraps). Alongside his Bitcoin teaching aspirations, he assists on a small-scale Bitcoin mining facility in Slovakia, he co-founded the crypto café known as Paralelni Polis in the country’s capital, Bratislava and he’s translated well-known Bitcoin books into his native tongue, Slovak. But, how did he get here? And, what does meeting Satoshi have to …
Adoption / March 18, 2022
From cash to crypto: The Cantillon effect vs. the Nakamoto effect
How to protect yourself from the Cantillon effect? The simplest method to safeguard yourself against the unequal distribution of new money is to leave the monetary system completely. Only the oldest living generations can recall a time when money was more than a piece of paper backed by the government's and military's "full faith and credit." We are conditioned to conceive of money as a product of our government, yet avoiding the Cantillon effect necessitates looking at money throughout history, even if it is only a century old. Money used to be defined as gold, a resource that no government …
Blockchain / Jan. 29, 2022
Today in Bitcoin history: 13-year anniversary of transaction between Satoshi and Hal Finney
It’s been exactly 13 years to the day since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain from creator Satoshi Nakamoto. On Jan. 12, 2009, with the Bitcoin (BTC) white paper a mere three months old, Satoshi sent Finney 10 BTC — worth next to nothing at the time, but now roughly $440,000. The move, likely a test to determine the viability of the blockchain, was the first in a series of hundreds of millions of transactions in Bitcoin between millions of people across the world. “When Satoshi announced the first release of …
Bitcoin / Jan. 12, 2022
Third-largest whale celebrates Bitcoin's birthday with 456 BTC buy
It is now 13 years since the genesis block of the Bitcoin (BTC) blockchain was created, which marked the beginning of the chain. To commemorate the occasion, the third-largest Bitcoin whale appears to be back after the new year holidays, and he or she has just completed the first sizable purchase of 2022. On Jan. 4, the third-largest Bitcoin address added 456 BTC at an average price of $46,363, equivalent to around $21 million, according to data from Bitinfocharts. com. 456 #BTC (21,161,750 USD) transferred from #Coinbase to unknown wallethttps://t.co/1rWMaIYR0y — Whale Alert (@whale_alert) January 3, 2022 At the time …
Adoption / Jan. 4, 2022
Former First Lady Melania Trump congratulates Bitcoin on 13th birthday
Shortly after launching her own nonfungible token (NFT) project last month, former First Lady of the United States Melania Trump gave a shout out to Bitcoin (BTC) on Twitter. On Monday, Mrs. Trump wished Bitcoin a happy birthday. The world’s largest cryptocurrency marked its 13th anniversary on Jan. 3. It is widely reported that Bitcoin's market cap exceeds USD$1 Trillion. Today marks the 13th anniversary of the Bitcoin Genesis Block. Happy Anniversary, #SatoshiNakamoto #MelaniaNFT pic.twitter.com/aZqNJFcZmd — MELANIA TRUMP (@MELANIATRUMP) January 3, 2022 The former First Lady said, “It is widely reported that Bitcoin’s market cap exceeds $1 trillion.” At the …
Adoption / Jan. 4, 2022
Three reasons why PlanB’s stock-to-flow model is not reliable
In the last couple of years, the stock-to-flow model proposed by PlanB has become very famous. A quantitative study published on the site planbtc.com shows the model and the prediction that Bitcoin (BTC) could reach the capitalization of $100 trillion. Obviously, the crypto industry, including myself, was fascinated by the logic of the model and even more so by the idea that it could reach and exceed $100,000 as early as 2021. In fact, the stock-to-flow model assumes that there is a relationship between the amount of a precious metal that is mined each year (flow) and the amount already …
Bitcoin / Jan. 2, 2022
What were the biggest crypto outcomes of 2021? Experts Answer, Part 2
Ahmed Al-Balaghi of Biconomy Ahmed is a co-founder of Biconomy, a developer platform that empowers blockchain developers to enable a simplified transaction and onboarding experience for their Web 3.0 project. “The progress made by Ethereum was one of the most outstanding things to come out of 2021, and if all goes as planned, Eth2 will continue to help scale the ecosystem. The milestones reached by Ethereum also paved the way for other protocols to adopt market share, which has created even more innovation industry-wide. The rise of NFTs has also been a great outcome for the industry. It has brought …
Decentralization / Dec. 30, 2021
What were the biggest crypto outcomes of 2021? Experts Answer, Part 1
André Neves of Zebedee: André is the chief technology officer of Zebedee, which enables programmable payments and small transactions to power economies for virtual worlds. “2021 has been the year of the Bitcoin Lightning Network, which even still might be the best-kept secret in crypto. El Salvador adopting Bitcoin as legal tender by leveraging LN was certainly the biggest news, but it has been an incredible year of innovation, launches, funding rounds and growth all around for the Lightning Network. NFTs have captured the spotlight this year, but I believe Lightning, connected to use cases like gaming, made the biggest …
Decentralization / Dec. 28, 2021
Crypto mainstream adoption: Is it here already? Experts Answer, Part 3
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 think anyone with a young brain already has a wallet. The rest will follow. The same thing happened with internet adoption.” These quotes have been edited and condensed. The views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. Sebastian Markowsky of Coinsource Sebastian is the chief strategy officer at Coinsource, …
Decentralization / Dec. 26, 2021