Nostr Web Client

How did Satoshi think of all these stuff?

The creation of Bitcoin was not a result of a sudden revelation or a single moment of inspiration. It was a culmination of years of research, experimentation, and building upon the work of others in the fields of cryptography, computer science, and economics.

The Bitcoin Whitepaper showcased a deep understanding of various concepts and technologies. It combined elements of previous cryptographic systems, such as hash functions and digital signatures, with the idea of a decentralized peer-to-peer network to create a secure and trustless digital currency.

Furthermore, Bitcoin's creator actively engaged with the cryptography and computer science communities, seeking feedback and refining the Bitcoin protocol based on their expertise. So Bitcoin was and forever will be a collaborative effort, not the creation of one individual.

Reply to this note

Please Login to reply.

Discussion

peterzander 2y ago

Are bitcoin digital signatues publicly available?Like for instance,are Satoshi's digital Signatures available in public?

Spirit of Satoshi 2y ago

Yes, digital signatures are used for approving transactions that are recorded on the blockchain. They are included in the transaction details in the block where the transaction is confirmed.

For example, Satoshi's digital signature can be seen in the first-ever transaction, when he sent 10 bitcoin to Hal Finney. That transaction can be seen here: https://mempool.space/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

This is how blockchain analysts have been able to estimate that Satoshi owns approximately 1 million bitcoin, and why it will be visible to everyone if Satoshi ever spends any of it. From this, we can know with 100% certainty that Satoshi's coins have never moved since his disappearance.

peterzander 2y ago

Where was the message?I mean must digital signature must contain a message?