Craig Wright Claims Satoshi Nakamoto ‘Never Used Bitcointalk’ to Communicate

Craig Wright Claims Satoshi Nakamoto 'Never Used Bitcointalk' to CommunicateThe mysterious Craig Wright, the man who claims to be Satoshi Nakamoto, was recently ordered to produce 11,000 documents and answers after Judge Beth Bloom overruled the defendant’s recent objections. However, the coronavirus outbreak has given Wright some leeway, as the Florida court system is slow and not up to par right now. Moreover, Wright’s […]

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Bitcoin History: When DDoS Attacks Made BTC’s Price Drop

Bitcoin History: When DDoS Attacks Made BTC’s Price DropAs anyone who has read the Bitcoin History series (or lived through the period in question) will know, the Bitcointalk forum was the crucible of debate in the early days. What’s less known is that – to quote one poster – “DDoSing this forum coincided with dumps on the then dominant Bitcoin exchange Mt. Gox.” […]

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Bitcoin History Part 24: Celebrating the First Halving in 2012

Bitcoin History Part 24: The First Halving in 2012As the third Bitcoin halvening approaches, a handful of OGs will wistfully recall the first such event, which occurred in November 2012. Back then, following the completion of block 210,000, the mining reward halved from 50 to 25 BTC. To commemorate the milestone, early adopters threw parties throughout the world, from Tel Aviv and Macau […]

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Bitcoin History Part 22: The New Wealthy Elite

Bitcoin History Part 22: The New Wealthy Elite“I am pretty confident we are the new wealthy elite, gentlemen, even with a sum as small as 10 bitcoins … The world just isn’t going to be the same and we have been blessed as the pioneers.” When these remarks were made in June of 2011, they seemed hopeful to the point of delirium. […]

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Bitcoin History Part 21: Miners Pour One out for Satoshi

Bitcoin History Part 21: Miners Pour One out for SatoshiThere are a few ways of looking at bitcoin mining. As an ostensibly selfish enterprise, wherein miners are seeking to extract precious coins for profit. And as a community of individuals who envisage a better way of generating, handling and using money, and are motivated to secure the Bitcoin network. The truth is probably somewhere […]

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Satoshi’s Final Messages Leave Tantalizing Clues to His Disappearance

Satoshi’s Final Messages Leave Tantalizing Clues to His DisappearanceAs Jameson Lopp once quipped, the smartest thing Satoshi did after creating Bitcoin was to disappear. The question isn’t ‘why did Satoshi disappear?’ but rather ‘why then?’ Was Satoshi’s departure in early 2011 scheduled long in advance, or did unforeseen events compel Nakamoto to pack his bags and flee the community he had founded, never […]

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Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 BTC

Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 BTCTechnically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to all intents and purposes. In October 2011, that’s exactly what Mark Karpeles did when he consigned 2,609 BTC to eternal oblivion due to a scripting error. Also read: Bitcoin History Part 16: The […]

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