This portrait of Hal Finney is made of real $USD (1 to 100 bills 💸) ripped and glued on canvas by the french artist @pascalboyart 🎨 This work is a part of the serie “Who’s Satoshi?” exhibited in Sept 2018 in Paris crypto art show #bitcoinartrevolution

This portrait of Hal Finney is made of real $  USD (1 to 100 bills 💸) ripped and glued on canvas by the french artist @pascalboyart 🎨 This work is a part of the serie "Who's Satoshi?" exhibited in Sept 2018 in Paris crypto art show #bitcoinartrevolution submitted by /u/Pascalboyart
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Bitcoin – The Currency of the Internet

The story of Hal Finney, an extraordinary cryptographic activist (main contributor to PGP), and his idea of “Reusable Proofs Of Work”. He was also one of the first Bitcoin users (downloading Bitcoin on the day it was released), receiving the first Bitcoin transaction ever from Satoshi him/herself!

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Bitcoin – The Currency of the Internet

“Every day that goes by and Bitcoin hasn’t collapsed due to legal or technical problems, that brings new information to the market. It increases the chance of Bitcoin’s eventual success and justifies a higher price.”- Hal Finney

Thank you Hal.

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Bitcoin – The Currency of the Internet

Nick Szabo and Hal Finney have to be Satoshi Nakamoto, strong circumstantial proof. Does anyone remember Nick’s blog comments??

Disclaimer: First, let me preface this post by saying I believe Satoshi should stay anonymous. I would never want this to be confirmed, as this is pure speculation (which is fun and what we Bitcoiners naturally do). Satoshi has created something wonderful for the world and has for the first time given us freedom and a choice of currency. He should remain anonymous if he wishes. Take this post with a grain of salt, as there is no hard evidence, only pure speculation, and conjectures.

I've gone through the original Cypherpunks that could possibly relate to the Bitcoin project, Adam Back, Wei Dai, Hal Finney and Nick Szabo. The more research I've done, the more increasingly clear it has become that Nick Szabo either is Satoshi or part of the Satoshi team.

Here is my circumstantial evidence: (Due to the auto-moderator, I cannot name Nick Szabo's original project as it thinks it is a discussion not about Bitcoin, so I will refer to it as "the predecessor to Bitcoin".)

  1. Nick Szabo has played with the idea of "the predecessor to Bitcoin", which is a precursor to Bitcoin. They are near identical in terms of technology and ideology. He has thought about "the predecessor to Bitcoin" since 1998!

  2. In 2005 Nick Szabo had a blog post where he asked if anyone wanted to help code up his "the predecessor to Bitcoin" idea. Like I said, that was back in 2005! Bitcoin white paper came out in 2008! That is plenty of time for two highly intelligent computer programmers to come together and implement the idea of "the predecessor to Bitcoin". Perhaps Wei Dai helped with this as he is a master C++ programmer.

  3. The comments on Nick Szabo's blog! I was fascinated by Satoshi's identity a few years back, and I was researching Nicks blog posts. I don't know where this was exactly, and I cannot for the life of me find it again. On one of his original blog posts, they were talking about the naming of "the predecessor to Bitcoin". There was a user that responded to the post and commented: "what about Bit Coin?" This comment predated 2007, but I don't recall the exact year. I specifically remember the comment because of how they spelled Bitcoin "Bit Coin". I cannot find it anywhere though. Also, it appears Nick has removed comments from the blog, and retroactively changed the dates on his "the predecessor to Bitcoin" blog posts to make it seem like it was right before the release of bitcoin December 2008, instead of 2005, when it was actually posted. On his original "the predecessor to Bitcoin" post, Hal Finney commented on it offering a hand, and keep in mind Nick and Hal Finney have borrowed tech from each other for years.

  4. Nicks radio silence. He was so deeply involved in "the predecessor to Bitcoin" at this point (wanting serious help to code up "the predecessor to Bitcoin" back in 2005) he should almost have a final product by 2008. Why was Nick so silent with Bitcoins release? It implemented so many of his ideas yet he was nowhere to be seen? His work of the last 3 years is squandered by Bitcoin but he says nothing.

  5. Nick and Satoshi mentioned each other's existence very similarly. Nick only once mentioned Satoshi (before he disappeared) by saying" Satoshi Nakamoto has implemented BitCoin which very similarly uses a dense Byzantine fault-tolerant peer-to-peer network and and cryptographic hash chains to ensure the integrity of a currency." and Satoshi only mentioned Nick once. Satoshi didn't even reference "the predecessor to Bitcoin" in the Whitepaper even though they are obviously similar. Only later did he mention Nick very briefly in one post. To me, it seems like Nick and Satoshi tried to distance themselves from each other as much as possible. Nick only briefly acknowledging satoshi so as not to seem suspicious, and Satoshi was doing the same.

  6. There was a very small group of people in the digital cash space. What are the odds that some random person that nobody knew in that very niche space created the most sophisticated digital currency out of them all that solved the Byzantine generals problem? Now, with Hal and Nick being in that niche space and seriously developing "the predecessor to Bitcoin" since 2005, and with Nick being silent and extremely neutral on Bitcoin on its release and no longer interested in "the predecessor to Bitcoin", it seems obvious who satoshi is. Especially with Hal being the first bitcoin receiver and Nick disappearing after bitcoin releases and changing his "the predecessor to Bitcoin" blog dates, and then well after Satoshis gone, he publicly comments on Bitcoin, and very positively at that. Why did it take him 3 years to do so? He was heavily invested in that space well before bitcoin.

Now with all of that being said, what seems more plausible? Digital cash newbie Satoshi Nakamoto comes out with this thing called Bitcoin and it blows everyone elses digital cash attempts out of the water, or Hal and Nick was developing the predecessor to Bitcoin since 2005? Nick disappears when satoshi comes around, Satoshi disappears when hal gets ALS? Nick comes back in 2011, after the waters have settled and finally positively, openly talks about Bitcoin, his own project. There are far too many coincidences and connections between these three people. To me it seem very possible that Satoshi was Nick and Hal.

There is a lot more to it. This post is already too long. Nick has had a Freudian slip during a podcast, stating: "I originally designed Bitcoin- i mean gold…" as well. Not to mention, Dorian Satoshi Nakamoto lived near Hal. To me, it seems like Hal used him as a drop (faking identity online) and controlled some or all of the Satoshi persona. Not to mention forensic analysts found similarities in Nicks and Satoshis writing-style.

TL;DR Nick thinks of "the predecessor to Bitcoin" in 1995, wants serious help to code it up in 2005, Hal Finney comments offering help and a user comments naming it "Bit Coin". 3-4 years later Bitcoin comes out, Nick Szabo is silent even though he has been seriously working on an identical idea since 2005. Hal Finney offered help with "the predecessor to Bitcoin" and he happens to be the first Bitcoin transaction recipient years later. Satoshi disappears when Hal is diagnosed with ALS as well, and then Nick Szabo… reappears and starts finally talking about Bitcoin officially.

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Bitcoin – The Currency of the Internet

Hal Finney, while paralyzed by ALS, wrote code for a bitcoin wallet using only his eyes

It's important to remember Bitcoin's roots, and the amazing effort from brilliant people, like Hal, who contributed to this new technology. If you're feeling down, this is an absolute must read. I have it saved, and read it every once in awhile, enjoy.

"And of course the price gyrations of bitcoins are entertaining to me. I have skin in the game. But I came by my bitcoins through luck, with little credit to me. I lived through the crash of 2011. So I've seen it before. Easy come, easy go." – Hal Finney, March 19, 2013, 08:40:02 PM

Bitcoin and me (Hal Finney)

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I thought I'd write about the last four years, an eventful time for Bitcoin and me.

For those who don't know me, I'm Hal Finney. I got my start in crypto working on an early version of PGP, working closely with Phil Zimmermann. When Phil decided to start PGP Corporation, I was one of the first hires. I would work on PGP until my retirement. At the same time, I got involved with the Cypherpunks. I ran the first cryptographically based anonymous remailer, among other activities.

Fast forward to late 2008 and the announcement of Bitcoin. I've noticed that cryptographic graybeards (I was in my mid 50's) tend to get cynical. I was more idealistic; I have always loved crypto, the mystery and the paradox of it.

When Satoshi announced Bitcoin on the cryptography mailing list, he got a skeptical reception at best. Cryptographers have seen too many grand schemes by clueless noobs. They tend to have a knee jerk reaction.

I was more positive. I had long been interested in cryptographic payment schemes. Plus I was lucky enough to meet and extensively correspond with both Wei Dai and Nick Szabo, generally acknowledged to have created ideas that would be realized with Bitcoin. I had made an attempt to create my own proof of work based currency, called RPOW. So I found Bitcoin facinating.

When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.

Today, Satoshi's true identity has become a mystery. But at the time, I thought I was dealing with a young man of Japanese ancestry who was very smart and sincere. I've had the good fortune to know many brilliant people over the course of my life, so I recognize the signs.

After a few days, bitcoin was running pretty stably, so I left it running. Those were the days when difficulty was 1, and you could find blocks with a CPU, not even a GPU. I mined several blocks over the next days. But I turned it off because it made my computer run hot, and the fan noise bothered me. In retrospect, I wish I had kept it up longer, but on the other hand I was extraordinarily lucky to be there at the beginning. It's one of those glass half full half empty things.

The next I heard of Bitcoin was late 2010, when I was surprised to find that it was not only still going, bitcoins actually had monetary value. I dusted off my old wallet, and was relieved to discover that my bitcoins were still there. As the price climbed up to real money, I transferred the coins into an offline wallet, where hopefully they'll be worth something to my heirs.

Speaking of heirs, I got a surprise in 2009, when I was suddenly diagnosed with a fatal disease. I was in the best shape of my life at the start of that year, I'd lost a lot of weight and taken up distance running. I'd run several half marathons, and I was starting to train for a full marathon. I worked my way up to 20+ mile runs, and I thought I was all set. That's when everything went wrong.

My body began to fail. I slurred my speech, lost strength in my hands, and my legs were slow to recover. In August, 2009, I was given the diagnosis of ALS, also called Lou Gehrig's disease, after the famous baseball player who got it.

ALS is a disease that kills moter neurons, which carry signals from the brain to the muscles. It causes first weakness, then gradually increasing paralysis. It is usually fatal in 2 to 5 years. My symptoms were mild at first and I continued to work, but fatigue and voice problems forced me to retire in early 2011. Since then the disease has continued its inexorable progression.

Today, I am essentially paralyzed. I am fed through a tube, and my breathing is assisted through another tube. I operate the computer using a commercial eyetracker system. It also has a speech synthesizer, so this is my voice now. I spend all day in my power wheelchair. I worked up an interface using an arduino so that I can adjust my wheelchair's position using my eyes.

It has been an adjustment, but my life is not too bad. I can still read, listen to music, and watch TV and movies. I recently discovered that I can even write code. It's very slow, probably 50 times slower than I was before. But I still love programming and it gives me goals. Currently I'm working on something Mike Hearn suggested, using the security features of modern processors, designed to support "Trusted Computing", to harden Bitcoin wallets. It's almost ready to release. I just have to do the documentation.

And of course the price gyrations of bitcoins are entertaining to me. I have skin in the game. But I came by my bitcoins through luck, with little credit to me. I lived through the crash of 2011. So I've seen it before. Easy come, easy go.

That's my story. I'm pretty lucky overall. Even with the ALS, my life is very satisfying. But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy. [edited slightly] – Hal Finney

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Bitcoin – The Currency of the Internet

“Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient.” -Hal Finney, Dec 2010

R.I.P. my Satoshi Nakamoto.

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Bitcoin – The Currency of the Internet