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Phil Champagne

The Book Of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto

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Have you, like the rest of the world, speculated as to the identity of Satoshi Nakamoto, anonymous creator of Bitcoin? The world's first cryptocurrency, Bitcoin went online in 2009 and has since revolutionized our concepts of currency and money. Not supported by any government or central bank, completely electronic, Bitcoin is a virtual currency based on advanced cryptographic systems. Like the currency he created, the identity of Bitcoin's creator Satoshi Nakamoto is virtual, existing only online. The Nakamoto persona, which may represent an individual or a group, exists only in the online publications that introduced and explained Bitcoin during its earliest days. Here, collected and professionally published for the first time are the essential writings that detail Bitcoin's creation. Included are • Satoshi Nakamoto Emails and Posts on Computer Forums Presented in Chronological Order • Bitcoin Fundamentals Presented in Layman's Terms • Bitcoin's Potential and Profound Economic Implications • The Seminal Paper Which Started It All The Book of Satoshi provides a convenient way to parse through what Bitcoin's creator wrote over the span of the two years that constituted his “public life” before he disappeared from the Internet . . . at least under the name Satoshi Nakamoto. Beginning on November 1st 2009 with the publication of the seminal paper describing Bitcoin, this public life ends at about the time PC World speculated as to a possible link between Bitcoin and WikiLeaks, the infamous website that publishes leaked classified materials. Was there a connection? You be the judge. Nakamoto's true identity may never be known. Therefore the writings reproduced here are probably all the world will ever hear from him concerning Bitcoin's creation, workings, and theoretical basis. Want to learn more about Bitcoin? Go directly to the source-the writings of the creator himself, Satoshi Nakamoto!
Тази книга не е налична в момента
275 печатни страници
Оригинална публикация
2014
Година на публикуване
2014
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Цитати

  • Nikolay Khokhlovцитирапреди 7 години
    The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation.
  • Nikolay Khokhlovцитирапреди 7 години
    By convention, the first transaction in a block is a special transaction that starts a new coin owned by the creator of the block. This adds an incentive for nodes to support the network, and provides a way to initially distribute coins into circulation,
  • Nikolay Khokhlovцитирапреди 7 години
    The steps to run the network are as follows:

    1. New transactions are broadcast to all nodes.
    2. Each node collects new transactions into a block.
    3. Each node works on finding a difficult proof-of-work for its block.
    4. When a node finds a proof-of-work, it broadcasts the block to all nodes.
    5. Nodes accept the block only if all transactions in it are valid and not already spent.
    6. Nodes express their acceptance of the block by working on creating the next block in the chain, using the hash of the accepted block as the previous hash.

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