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    NYTimes Blockbuster: We Got Satoshi

    Carreyrou claims bitcoin inventor is Adam Back

    You’ll never get me to say anything bad about the guy who uncovered the full extent of the Theranos con. In this time of Passover, had John Carreyrou done nothing but write Bad Blood: Secrets and Lies in a Silicon Valley Startup and the Wall Street Journal articles that preceded it, it would have been enough for us. But Carreyrou’s assertion today in the New York Times that he’s solved the mystery of Satoshi and it’s Adam Back … we don’t think so. Carreyou begins his million-word Times article describing how he had long been obsessed with solving Bitcoin’s original riddle – the identity of its inventor, Satoshi Nakamoto. By…

  • Bitcoin,  Innovators,  Technology

    Beyond Overpriced JPEGs

    The hottest new NFT projects are on Bitcoin?

    “The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime… I don’t believe a second, compatible implementation of Bitcoin will ever be a good idea.” The creator of Bitcoin, known by the pseudonym Satoshi Nakamoto, wrote these words in a forum post on June 17, 2010, and they set the tone for the protocol’s slow evolution in the 13 years since. Bitcoin’s deliberate approach to change and innovation is rooted in a commitment to security, stability and decentralization. Developers and thought leaders in the Bitcoin community have emphasized the importance of maintaining a slow and…

  • Bitcoin,  Innovators,  Technology

    Bitcoin Is 15, and the Tributes Are Legion

    Commemorating Satoshi Nakamoto’s seminal white paper outlining a peer-to-peer electronic cash system in 2008

    On the 15th anniversary of Satoshi Nakamoto publishing the Bitcoin white paper, Modern Consensus has gathered a selection of tributes – a mix of the poignant, the thought provoking and since Securities and Exchange Commission Chair Gensler felt the need to weigh in, the clownish. Bitcoin Magazine One of the very first publications devoted to Bitcoin, Bitcoin Magazine was co-founded in 2012 by a 17-year-old Vitalik Buterin, whose father had piqued his interest in the young technology the year before – and who went on to invent Ethereum, announcing it in his own white paper in November 2013. In a feature published today entitled “The Reformation of Money: Bitcoin’s Whitepaper…

  • Nakamoto bitcoins just moved
    Bitcoin,  Innovators,  People

    Weekly Bitcoin Review

    Big dips in the market and Satoshi Nakamoto Trial

    The trial for Bitcoin On Monday, Craig Wright, who claims to be Satoshi Nakamoto, the creator of Bitcoin, won in trial against the estate of a deceased former business partner. David Kleiman was a previous business associate and close personal friend of the Australian computer scientist who claims to hold a massive fortune of 1.1 million Bitcoin. Ira Kleiman, brother of David Kleiman, was the one to file the lawsuit. Ira claims that his brother and Wright created Bitcoin through a co-partnership in the suit. It is additionally claimed that the Kleiman estate is entitled to half of that 1.1 million Bitcoin, which is worth over 50 billion dollars. Kleiman…